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1 Dollar Is Now ₦‎1,070 - Business (8) - Nairaland

Nairaland Forum / Nairaland / General / Business / 1 Dollar Is Now ₦‎1,070 (43887 Views)

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Re: 1 Dollar Is Now ₦‎1,070 by breezeng: 3:18pm On Apr 13
Good one
Let it come to 500
At least, that will surpass Buhari rate.
Nigeria will survive.
Re: 1 Dollar Is Now ₦‎1,070 by 77up(m): 3:19pm On Apr 13
Ofunaofu:


Na Igbo Obidients make naira crash to N1900 to a dollar
They are not but they are obviously happy that naira is falling which is enemity against the country.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by Ofunaofu: 3:22pm On Apr 13
77up:
They are not but they are obviously happy that naira is falling which is enemity against the country.

They weren't happy

The real enemies are those who didn't see anything wrong when it crashed because their lord was the President

2 Likes

Re: 1 Dollar Is Now ₦‎1,070 by 2Radii: 3:24pm On Apr 13
JASONjnr:


I'm not igboz but not everyone who criticise the bad policies of the government is Igbo.

Infact, you guys have succeeded in turning the Igbo name as "anti"

Even if a northerner wakes up tomorrow and threatened not to vote Tinubu for a second term, you will likely blame Igbos for that. Just like the NEF declared!
Oloriburuku stop denying ur heritage..

If ur tribe is so dear to you u won't be denying it everytime..


Everytime u hear from them the sentence "I am not igbo but"

Awon oloshi

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by ogawisdom(m): 3:28pm On Apr 13
Sai Jagaban

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by MetaMatrix: 3:29pm On Apr 13
flokii:
Something.that will still crash to around #750 in few months from now.



GOD save us from these fascist cultists called L.P. they don't ever want good for the country so as to blackmail one man. GOD punish them all with fire and tribulations. NEVER will I eve ever vote ANY ibo man. Pack your load and go to Biafra which won't last a decade before collapsing.
They sell things very expensive so as to blackmail the president. I blame those who buys from them

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by idahme(m): 3:30pm On Apr 13
JASONjnr:


I'm not igboz but not everyone who criticise the bad policies of the government is Igbo.

Infact, you guys have succeeded in turning the Igbo name as "anti"

Even if a northerner wakes up tomorrow and threatened not to vote Tinubu for a second term, you will likely blame Igbos for that. Just like the NEF declared!


Igbos are now so many that everyone online is an Igbo to these bigots parading themselves all around.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by deji17: 3:31pm On Apr 13
Ofunaofu:


Na Igbo Obidients make naira crash to N1900 to a dollar
Na dem dey rejoice nau when Naira dey lose value. Go and verify!

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by 77up(m): 3:33pm On Apr 13
Ofunaofu:


They weren't happy

The real enemies are those who didn't see anything wrong when it crashed because their lord was the President
Same set of people predicted 2k to a dollar and you think they were not happy😒

Same set of people will always preach to you on how Nigeria a zoo is doom .

They were happy, thinking they are spitting the government by hating the country.

True patriotic Nigerians knows better.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by MetaMatrix: 3:35pm On Apr 13
ZombieTAMER:


As dull as Buhari was

Dollar was 700 in his tenure


You morron! Just keep your dirty mouth shut when people speak. Must you be tribally gullible all your life?
Bad policies don't give immediate effect. It shows over time. Bastard Buhari Burnt the country. The effect is what we're experiencing. Don't make the mistake you all made with Yaradua on Tinubu
Re: 1 Dollar Is Now ₦‎1,070 by bigpicture001: 3:38pm On Apr 13
RickyJesus:
Nice one, our japa dream is alive.

Japan go do wetin...? So if dollar fall to 350 u go still japa...?

That shows u are never hooked to thr naija economy...in other words...u are jonless and earning nothing before now

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by Slytiger: 3:41pm On Apr 13
Dem never see anything.
Re: 1 Dollar Is Now ₦‎1,070 by Paraman: 3:42pm On Apr 13
JASONjnr:


I'm not igboz but not everyone who criticise the bad policies of the government is Igbo.

Infact, you guys have succeeded in turning the Igbo name as "anti"

Even if a northerner wakes up tomorrow and threatened not to vote Tinubu for a second term, you will likely blame Igbos for that. Just like the NEF declared!
I hope you do call out Igbo tribalist and the hypocrites called obidients too

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by MetaMatrix: 3:47pm On Apr 13
yommen:


There are Yoruba obidients too even though Igbos keep accusing Yorubas of voting along tribal line. Their leader is Oseni Rufai, an Ijebu man for that matter.


That boy is not Yoruba ooo. Never you name a bastard to be a Yoruba ever in your Life.

Do trace the blood line. You'll know they truly aren't
Re: 1 Dollar Is Now ₦‎1,070 by fortune1968: 3:47pm On Apr 13
blancsn1:
My Igbo obidient people how market
They talk as if they are not part of the country .As if they will not share in it should things go bad in the country .

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by Meteng: 3:49pm On Apr 13
Phantom233:
No be for dollar to crash o, I hope the phones we are buying 120k will return to 45k which it was before now. Talkless of Tv, refrigerator etc which have al risen by over 200% because of this so-called Dollar trash.
Thank you
Re: 1 Dollar Is Now ₦‎1,070 by Vision101(m): 3:51pm On Apr 13
ivandragon:
Funny characters.

Those celebrating the exchange rate at 1,020 were the same people that condemned it at 216, yet they have the terminity to call others who complained of exchange rate at almost 2000 haters?

Talk about delusional characters.

When the rate comes down to 400-500, only then can the government be applauded.
It will never. The preTinubu rates were subsidized rates. That was why there was wide gap between the official and parallel market rates. There is convergence of the two rates now. It has never happened in this country.

No more arbitrage. Making money without work through round tripping is gone. The world is taking note of wonderful reengineering of Nigerian economy. Gradually our currency is finding it's true economic value.

We are not there but we are heading there. Let the refinaries start operation and you will see the Nigerian economy in boom.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by fortune1968: 3:52pm On Apr 13
deji17:

Na dem dey rejoice nau when Naira dey lose value. Go and verify!
you are completely right .And that's the more reason an Igboman may find it difficult to get support to the presidency.They are always quick to swerve towards ethnicity in any issue

2 Likes 1 Share

Re: 1 Dollar Is Now ₦‎1,070 by shepherd316: 3:55pm On Apr 13
Don't mind him, he doesn't know that Tinubu's slaves will never repent of thinking backward, some people will never stop supporting Tyranny and slavery regardless of the amount of evidences presented to them - awon omokomo Odua
Basic123:

How will you tackle the your own supposed real problem?.


Haters!

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by bitingcool: 4:00pm On Apr 13
LET IT CRASH TO HOW.MUXH IT WAS WHEN BUHARI LEFT. THEN WE CAN START TALKINH

WHEN.WILL FUEL PRICE CRASH?

2 Likes

Re: 1 Dollar Is Now ₦‎1,070 by Chicagograduate(m): 4:01pm On Apr 13
MT:


Do you expect the FG to continue subsidising the Naira, and at the same time expect Nigeria to look like Dubai?
All this yeye economists.

2 Likes

Re: 1 Dollar Is Now ₦‎1,070 by Tealcrestmedia(m): 4:02pm On Apr 13
We want Nigeria to succeed, so it's a welcome development.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by iLoveYouToo(m): 4:08pm On Apr 13
My colleague bought usd at 1700 as a crash go 1350 the babe took ill for 4 weeks undecided

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by MT: 4:08pm On Apr 13
Chicagograduate:
All this yeye economists.

Respond to the question if you are capable of holding sound intellectual discourse.

Some of you will sit for one bush and be forming "Albert Einstein".

I want to engage you head long. Are you ready to pick up the gauntlet?
Re: 1 Dollar Is Now ₦‎1,070 by Deogratiasfx: 4:12pm On Apr 13
So glad to hear this....more grace to the leaders!!!
I don't care which party rules as long as good things happen. My problem is, APC supporters think criticism means you are enemy of Nigeria.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by benjaminlawson(m): 4:23pm On Apr 13
Kudos to CBN, but the good policies should continue, one such is proper profiling of Dollar buyers and sellers from MDBs to BDEs. Not only this, only naira must be recognized as legal tender in Nigeria, all businesses and government agencies must charge in Naira, even including our foreign embassies. Our political class who also use Dollar as bribe during elections primaries must also be arrested because no one is above the law of our land.
Re: 1 Dollar Is Now ₦‎1,070 by Hespee93: 4:24pm On Apr 13
LibertyRep:
As it is this morning on Geegpay

This geeypay na sueless app and platform.
Re: 1 Dollar Is Now ₦‎1,070 by ivandragon: 4:30pm On Apr 13
Vision101:

It will never. The preTinubu rates were subsidized rates. That was why there was wide gap between the official and parallel market rates. There is convergence of the two rates now. It has never happened in this country.

No more arbitrage. Making money without work through round tripping is gone. The world is taking note of wonderful reengineering of Nigerian economy. Gradually our currency is finding it's true economic value.

We are not there but we are heading there. Let the refinaries start operation and you will see the Nigerian economy in boom.

It is always interesting to see 'you people' come up with excuses when the hypocrisy is pointed out.

BAT and Co. were at the forefront of criticising an exchange rate of 216. They took over power in 2015, so there is nothing like pre-tinubu rates.

Now, to your specific points. If the rates pre-2015 were subsidised, then why the criticism and condemnation? Why not insist that it should be raised so it can find its 'true value'? Can you see the contradiction in your position?

They never said they were condemning the 'subsidy', they said the rate was too high.

Which administration did the most abritage and round tripping? Is it not the same apc administration? During the tenure of pmb, did BAT ever criticise the balloning exchange rate?

And yes, things SEEM to be gradually easing up because some people spoke up rather than support blindly.

So, no one is even asking for 216 now, we are asking for 400-500. Consequently, we will continue to push the government to be responsive and responsible to Nigerians rather than to their own whims and caprices.

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by Frankaka8(m): 4:41pm On Apr 13
blancsn1:
My Igbo obidient people how market
See as tribalism don rotten ur brain

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by Deepthoughts: 4:44pm On Apr 13
Yourprick:
Road to 2k Keep your dollars closer
Why prices are not coming down then?
Re: 1 Dollar Is Now ₦‎1,070 by chidiokay: 5:01pm On Apr 13
PointZerom:


In real sense, Naira has never appreciated since Tinubu took office. What we're seeing today is the appreciation of Tinubu's induced naira depreciation. Jo

Pushing naira from less than 1k to a dollar to almost 2k to a dollar and bringing it down to 1070 to a dollar can be celebrated as an achievement by only fools.


Fine ! infact you are right but do you also know that every succesive govt we've had since 1999 none brought dollar down than they met it ... or can you mention one

Remember nothing goes up in Nigeria and ever come back to were it was ... lets see if cardoso/BAT will change that

1 Like

Re: 1 Dollar Is Now ₦‎1,070 by francotunsco: 5:01pm On Apr 13
Ofunaofu:


Na Igbo Obidients make naira crash to N1900 to a dollar

Na dem derive joy and pleasure in it, so how market for dem now?

1 Like

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