Naira Floating Amounts To Seamless Devaluation Without Planning - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Naira Floating Amounts To Seamless Devaluation Without Planning (132 Views)
Floating Naira: Importers Abandon Tokunbo Cars At Seaport / Naira Redesign: Nigerians Will Fill Uncountable Forms To Withdraw Large Amounts / Analysts Predict Naira Devaluation To N400/$ (2) (3) (4)
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| Naira Floating Amounts To Seamless Devaluation Without Planning by ezekins: 7:30am On Oct 25, 2023 |
The cbn needs to revisit its floating of naira as it appears nigeria does not have what it takes to float the naira. Floating of naira amounts to continuous devaluation of our currency without planning for it. It appears the cbn only obeys the order of the presidency without advising them on its likely consequences. It's unfortunate that the government of nigeria has continued to grossly mismanage the economy by embarking on hasty policies. |
| Re: Naira Floating Amounts To Seamless Devaluation Without Planning by ezekins: 6:14am On Feb 15 |
I clearly envisaged this our predicament but I was ignored. |
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Pay Attention To This If An Extra 200 - 400k Will Go A Long Way To Help You. / Naira Depreciates To N996/$ At Official Market / Nationwide Strike: Nigerian Government Doesn’t Obey Court Orders But Expects Oth
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