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Nairaland Forum / Nairaland / General / Business / Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank (13127 Views)
Naira Makes List Of 15 Worst Currencies Against The US Dollar - Statisense / Naira Among Africa’s Worst Currencies, Falls By 40% –w’bank / How The Naira Measures Against The Worlds Worst Currencies Today (2) (3) (4)
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Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by ukpahu(m): 6:00am On Oct 05, 2023 |
Amadioha kill all apc supporters 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Vifx: 6:00am On Oct 05, 2023 |
Lol |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by jahsharon: 6:01am On Oct 05, 2023 |
ukpahu: After Ogun, Sango, Obatala, Osun, Aiyelala, and Esu Odara wipe out your whole generation |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by OBIDIENTNAIJA: 6:04am On Oct 05, 2023 |
Thiéfnubu is a useless and the most sophisticated criminal drug kingpin on earth. See what tribalism has caused. How can people collect money to do the drugs lord's biddings. 2 Likes |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by nymphomaniac(m): 6:04am On Oct 05, 2023 |
eldoradoxx:I agree with your submission except that the naira is still better than the Ghanaian cedi |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by kushme: 6:08am On Oct 05, 2023 |
They keep saying its short term. Few years from now,by the time you know it, it would be the Venezuela experience.. Since last year November, I knew 1 dollar would hit a thousand naira in 2023. The naira would only continue to go down,it would only make Lil correction by defending for a while and the down trend would resume again for as long as they(the gov) continue in their crooked, olodo and unpatriotic ways... 3 Likes |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by FRANKOSKI(m): 6:09am On Oct 05, 2023 |
WHEN THE LAND IS IN CHAOS , SOMEONE IS BENEFITING FROM IT. THE WAY THINGS ARE GOING NOW, I DE ENJOY THE NAIRA FALL. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by nedekid: 6:13am On Oct 05, 2023 |
HenryThegreat1:Highly over rated. 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by egbeocha(m): 6:19am On Oct 05, 2023 |
World Bank told us to remove subsidy and see our economy grow but the reverse is the case now. They should go and sit down biko. We don't want them again 2 Likes |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by KIDfurniture(m): 6:21am On Oct 05, 2023 |
Apc mopped up all the $ in the market and waited until they destroyed Nigeria so they can rule over the poor masses. It will all end here on earth. Mark my word , the day tinubu exit this world his empire will crash world wide. They will be like that one called MKO. Some fools tot he was the messiah. Lol evil men Deltafirstson: |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by paskal16: 6:23am On Oct 05, 2023 |
But yorubas and apshit pathetic urchins would still tell you to keep voting apc for a better Nigeria Almost a decade of apc rule We’ve never had it this bad 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by victorclean(f): 6:23am On Oct 05, 2023 |
Tecnophone: I tell you. Who even brought us together to be in one country. You can't call the Christian, Muslim or pegans. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Bigchristo: 6:26am On Oct 05, 2023 |
Hendrixky:So long as you do not support Tinubu you’re automatically an Igbo man regardless of your region, some Yoruba people lost it because of tribalism, this presidential election actually expose their tribalism 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by HenryThegreat1(m): 6:29am On Oct 05, 2023 |
meditator:. Ok but naira is the worst performing currencies under Lagos builder. Agreed or not? |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by GardenOfGod(m): 6:40am On Oct 05, 2023 |
World Bank is one of the organizations sucking the blood out of Nigeria's economy. Their useless loans to the crooks in government is a testimony. How u fortunate is this country! |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Allisgud: 6:43am On Oct 05, 2023 |
Mr oluwole the forger should leave aso rock 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by seunodediranivy: 6:45am On Oct 05, 2023 |
[b]Yorubas are the real problems of this country. .... and it's the same Yoruba region that you and your parents are struggling to come and stay, ...... Yoruba people are the problem and you are selling your properties to relocate to their region, what an irony of life, ..... you had better not allow jealous to kill you. Yorubas are the leaders, take it or leave it. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by ShenTeh(m): 6:49am On Oct 05, 2023 |
The same World Bank kept reiterating that the Naira was overvalued and that Emefiele wasn't allowing the market forces to determine its price. Now we are objects of their ridicule. Trust the IMF and World Bank at your own peril. 2 Likes 1 Share |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Realguyman1(m): 6:51am On Oct 05, 2023 |
jahsharon:At the bolded, oga u can't do anything, you will only end up wailing and nothing more. In fact u better start the wailing now because the Tinubu I'm seeing now has nothing to offer Nigeria or Nigerians even in 20yrs to come, he is only a Buhari pro max. And make I burst ur head, after all the bad governance and nonsense Buhari did in his 8yrs as president, Tinubu is taking Nigeria and Nigerians again for another 8yrs run of another nonsense and bad governance, because after his 4yrs he will definitely win re-election again, not because he will get the masses vote, but because he will use his power as the current president to do that. Tinubu is not a gentleman like Jonathan that put the country and the people first before himself, Tinubu will rather see Nigeria get burnt than to lose his presidential sit. 2 Likes |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Hezmatosky: 6:58am On Oct 05, 2023 |
bayelsaowei:Try and locate a catholic church within your area and go for confessions. You have just accused children of God wrongly Who voted for Tinubu? |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by HRMK: 7:04am On Oct 05, 2023 |
THE BILLIONAIRES MADE UP OF POLITICIANS AND BUSINESSMEN ARE TO BLAME!THEY KEPT ON COVERTING NIGERIAN NAIRA TO FOREIGN CURRENCIES FOR EASY TRANSFER ABROAD!GOVERNMENT WOULD ALWAYS TURN BLIND EYES TO THESE SABOTEURS!IT IS TOO BAD!! 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by nairalanda1(m): 7:04am On Oct 05, 2023 |
To be expected We are not an exporter of industrial manufactured goods and services, so we cannot earn big dollars...so our currency is wack. Till we become an industrialized nation, we would get nowhere. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Kukutente23: 7:12am On Oct 05, 2023 |
jahsharon:You can't fight him You want the igbos to laugh at you 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by ican2020: 7:13am On Oct 05, 2023 |
Very poor leadership |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Brimstone77: 7:14am On Oct 05, 2023 |
..... My prayer during the last election was that,who ever that wins, should not give us any reason to miss buhari. But seems like Nigerians have already started missing buhari even before tinubu clock one year in office.. Pathetic!! 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by nairalanda1(m): 7:15am On Oct 05, 2023 |
jahsharon: The only way forward really is simple. Nigeria must be a producing country, and Nigeria must industrialize. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by ican2020: 7:15am On Oct 05, 2023 |
elujah1:But it did not take him time to destabilize the country 2 Likes |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by BoldBrainz(m): 7:18am On Oct 05, 2023 |
Lol. I'm unbothered. The dollar rise is to my advantage. The rest of una go dey alright. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by BoldBrainz(m): 7:23am On Oct 05, 2023 |
nairalanda1: Nigeria must be producing. Nigeria must industrialise. How? Even this report clearly stated that both policies are having contracting effects on the operational activities of existing industries, as input costs have considerably risen. So how is Nigeria supposed to produce when unfavourable government policies are thwarting investors' capacity to do business? Na you wan open company for country wey cost of operations easily surpass net profits? Oya na! Make you and your village people start the company, then employ Nigerians put. 1 Like |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by Kukutente23: 7:24am On Oct 05, 2023 |
while non-oil economic activity, particularly industry and services still supported growth, policy actions to remove fuel subsidies and unify the exchange rates might be weighing on these activities in the short term This right here is the summary of the removal of subsidy and naira devaluation. It is killing the real economy and contracting the economy. 3.3 growth wey we dey manage under Bubu will now fall to 2.9 under Tinubu. The Western propagandists and their puppet have tanked our economy. The irony is that it's the same West that brought the suicidal ideas that will call them out when they are failing just as they are doing now Anyone who listens to Western agencies after the experience of SAP which turned to SAPA and ruined our industries in the 80s is compound fool or just ignorant |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by RepoMan007: 7:24am On Oct 05, 2023 |
nymphomaniac:currencies can be devalued. That's doesn't make them better. Even dollar weakens and strengthens so can vary against itself. |
Re: Naira Among Africa’s Worst Currencies, Falls By 40% – World Bank by RepoMan007: 7:26am On Oct 05, 2023 |
nairalanda1:after hitting the ground ruining, suddenly you remember production. Yeye. 1 Like |
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