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Nairaland Forum / Nairaland / General / Business / Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market (14487 Views)
FX Crisis: Naira Depreciates By N130 Against Dollar In 24 Hours / Naira Depreciates By ₦81/$ At Foreign Exchange Market / Naira Continues Free Fall On Official Window, Trades N1482.57/$ (2) (3) (4)
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Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Farki: 9:00am On Dec 02, 2023 |
BigDawsNet: I love how Nigerians say this then come together to make sure the right person does not win the election. 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Farki: 9:01am On Dec 02, 2023 |
Tsolutionifede: Enjoy your Tinubu now after all this is the best case scenario. Enjoy and stop complaining. 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:02am On Dec 02, 2023 |
Farki: vote who you want....so long you only import,then nothing will change.... una could even end up payin more for the same thing than western nations.... this is the direction una are headin.... sorry.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by naijaboy756: 9:07am On Dec 02, 2023 |
Omor when Tinubu go submit budget his real old age face showed Thank man for just go rest |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:09am On Dec 02, 2023 |
guys listen.... so long you import more than you export,nothing will change no matter who you vote.... guys....!! 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Whalis: 9:10am On Dec 02, 2023 |
Kukutenla:It will take time before that starts. And they are not sending through banks. They launder it to change in black market. 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Zooposki(f): 9:11am On Dec 02, 2023 |
RosyIsBlessed: https://www.youtube.com/watch?v=GQRryNzHOks?si=bVYUAV3BSTpfGUTy 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:12am On Dec 02, 2023 |
Whalis: this is the main issue....they get dollars from cbn,but they dont give back dollars to cbn.... they give it to black market people instead.... 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 9:12am On Dec 02, 2023 |
Whalis:Launder ke? How's that possible |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by emorse(m): 9:13am On Dec 02, 2023 |
nairalanda1:Finally bro, finally. Na wetin we dey argue that time be this o. Remember when I said subsidy was never our problem? Rather, it is corruption and the cluelessness of our leaders that is killing us. I remember you got so irritated and accused me of wanting "cheap" fuel But bro, even the biggest economies in the world (USA, China etc) still subsidise sectors of their economies. Now the little production that was going on in this country is dying a slow death. I know this because I'm right in the middle of it. I've had to lay the few workers I had off because sales no dey and as a result, money to pay them no dey. Encourage local production by keeping cost of production(power, transportation, machinery, etc) as low as possible. That's all o. They say Nigerians don't like to buy made in Nigeria but I assure you, if production cost drops, product quality will rise and people will naturally drift towards made in Nigeria products. I mean, I can't force or persuade you to buy a bad, made in Nigeria product can I? It's well jare. 6 Likes 2 Shares |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Khyrvxjzy: 9:14am On Dec 02, 2023 |
fnep2smooth: boss am poor am apc supporter please send me one thousand |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:14am On Dec 02, 2023 |
Kukutenla: if you guys would give back dollars to cbn the situation wouldnt be this bad.... you guys dont listen.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by dfrost: 9:15am On Dec 02, 2023 |
Psalmspsalms: The naira will keep falling until. We have not started exporting anything tangible or do you know of any? I'm surprised the so-called knowledgeable in the helmet of affairs don't really know what to do. Dangote has told Nigerians not to bank on his refinery. Na business e dey do. |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by emorse(m): 9:16am On Dec 02, 2023 |
tsdarkside:100% However, the ideology of the person at the helm of affairs can go a long way in helping to improve local production. I mean government policies matter a lot. 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Alliswell248: 9:19am On Dec 02, 2023 |
DKM123: Frustration @ its peak..... Don't enter l@goon or drink snip£r..... Pele. I can employ you as my car washer because you are a drop out. Olodo rabata..... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:19am On Dec 02, 2023 |
emorse: how....?? is the person now in charge stoppin anybody to do local production....?? you wan believe politicians that are competin against each other....?? they will promise,but they cant force you to do local production.... its up to you.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by BigDawsNet: 9:20am On Dec 02, 2023 |
Farki: Truth is country won't work if Nigerians don't work together as one... but some are just greedy.. they know the outcome but they still wanna do the wrong thing |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:21am On Dec 02, 2023 |
dfrost: we wan bet that dangote would rather export his refined fuel than sell to nigerians....?? |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by emorse(m): 9:23am On Dec 02, 2023 |
benardtotti:Yet they spend the little there is on SUVs, Yachts, house renovations, etc? Bro I believe even if they would eventually float it, they should have been more intentional with it. I mean they should have known items that are required to improve local production and subsidised those. That's how the Chinese government is helping Huawei and co to stay alive in the mobile phone market. 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by BigDawsNet: 9:23am On Dec 02, 2023 |
lastkingsman: Do you know it was easy to rigged because they had the population to made it successful for them... Even with the billions, power and connection.. the rigging won't manifest if they have low voters supporting them... I know someday Nigerians supporting this people will wake up and they will do the right thing |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by obi58: 9:24am On Dec 02, 2023 |
Freestuffsng the armchair economist is in tears right now.... His propaganda of the dollar crashing anytime soon to N600 remains a beautiful dream 2 Likes |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 9:24am On Dec 02, 2023 |
tsdarkside:Which guys? Has Gandollar given the one he stuffed in his babanriga back to CBN? Or he's allowed to keep his loot 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:24am On Dec 02, 2023 |
emorse: you get it.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by dfrost: 9:24am On Dec 02, 2023 |
emorse: It's a collective responsibility. Ideology and body language matters, yes albeit you still need advisors. |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:26am On Dec 02, 2023 |
BigDawsNet: nothing was rigged.... many people dont like obi.... when you want to talk about riggin,it was actualy south east that massively rigged.... 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by dfrost: 9:27am On Dec 02, 2023 |
Kukutenla: 😝🤣🥴 |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by DKM123: 9:28am On Dec 02, 2023 |
Alliswell248: LMAO! See this sufferhead that cannot even find transport to go for his elebuke work talking about owning a car. An olodo man who writes like a child and sleeps on Nairaland defending bad governance is definitely a poverty stricken n!ncoompoop who has sold his m!serable soul for bread crumbs. Ewu Gambia! Be@st of no value! Nkpi! |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 9:28am On Dec 02, 2023 |
tsdarkside:But according to NBS we had more exports than imports this year |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:28am On Dec 02, 2023 |
Kukutenla: you are only takin from cbn but you are not givin back.... no western nation would tolerate what nigeria is practizin.... now you wan excuss yourself with Gandollar.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by emorse(m): 9:30am On Dec 02, 2023 |
tsdarkside:Omo, cost of production and poor sales are killing local producers o. Many of us are hanging by a thread. I even read in the news how some "big" companies have folded up. You don't think they started production with the intention to stop abruptly at a time like this do you? 1 Like |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by tsdarkside(m): 9:31am On Dec 02, 2023 |
Kukutenla: if i hear.... which kind lie is that....?? show us the stats.... |
Re: Naira Continues Free Fall, Depreciates By 11% To N927.19/$ At Official Market by Kukutenla: 9:31am On Dec 02, 2023 |
tsdarkside:Will any western nation allow Gandollar sleep in his bed the night that video broke? Not to mention spending eight years and now ruling chair? I'm tired of the hypocrisy of picking and selecting where to compare ourselves to western nation. There's no western nation that has politicians at all levels hoarding dollars in their bedrooms and toilets. That distinction is for Nigeria and fellow African countries 2 Likes |
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