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Nairaland Forum / Nairaland / General / Business / Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU (10594 Views)
Official Exchange Rate Closes Week At N1,537.96/$1 Amidst Surging Inflation / JP Morgan Projects N850/$ By December / CBN Confirms N410.25/$ As New Official Exchange Rate (2) (3) (4)
Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by DaddyJapan(m): 12:21pm On Nov 10, 2023 |
Nigeria’s official exchange rate to hit N1,068/$ by 2025 – EIU Source: https://nairametrics.com/2023/11/10/nigerias-official-exchange-rate-to-hit-n1068-by-2025-eiu 3 Likes 2 Shares
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Optimum2023: 12:23pm On Nov 10, 2023 |
Okay o |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Kussin: 12:24pm On Nov 10, 2023 |
The way things are going right now, you have 3 options: save in dollar, buy Gold or buy land. These are the only right way to save money now. Leaving your naira in the bank is the fastest route to poverty. Every Nigerian ought to own a portion of the Federal Capital Territory. Abuja is our common heritage as Nigerian citizens. The good thing is, Land no cost for Abuja, Na you wan buy am for Maitama. Even sef, Land no even cost for Maitama, Na you no buy am on time. For as low as 800k, you can become a Landlord in Abuja. Don't take my word for it, you can click this LINK to see for yourself. 13 Likes 2 Shares |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Billionairly: 12:28pm On Nov 10, 2023 |
Where is the hope nah? And some people are here playing tribal politics with the lives of their unborn children. 39 Likes 4 Shares |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by chicfarmer: 12:35pm On Nov 10, 2023 |
Na wah |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Sctests: 12:41pm On Nov 10, 2023 |
Black market go come be how much? N 3,000/$. Thank God say I be healthcare professional and I dey chop Australian dollar. ![]() ![]() 29 Likes 2 Shares |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Mystic216: 12:42pm On Nov 10, 2023 |
2k rather |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Kukutente23: 12:44pm On Nov 10, 2023 |
APC have finished Nigeria kpatakpata This forecast means the West do not have confidence in Tinubu's team and their ability to steer Nigeria's economy out of trouble waters. Secondly, it's obvious the new CBN gov is taking care of his paddies by releasing dollars to Citibank (which he used to chair) Stanbic IBTC and Standard Chartered. These are foreign banks who are only in Nigeria for portfolios and not real business enterprise. The aviation sector who really needs the funds (remember Emirates and the UAE ban) and which should be priority is left unattended to and the minister there is not saying anything. He's busy remonstrating with NLC. The manufacturing sector is also not getting anything. Not good. While not good, at least Cardoso should have gotten some assurances from those three paddies of his on reciprocation before shelling out dollars to them from our reserve. It will be pure sabotage if that's not the case. Lastly, while it seems as if there's a bit of convergence between official and black market rates, this high rate and negative forecast does not help Tinubu's avowed dream of a trillion dollar economy. The bigger question is if he and his team are really serious about that target or it's just another propaganda to titillate their Zombies. Time will tell 26 Likes 2 Shares |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Racoon(m): 12:53pm On Nov 10, 2023 |
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Fujiyama: 12:53pm On Nov 10, 2023 |
![]() So the EIU is betting that the CBN will eventually fold and abandon the floating rate regime. If that happens, all this pain would have been for what? Absolutely nothing? Almost the entire write-up is a scathing vote of no confidence in the CBN leadership. Not that this should matter to the 'patriots' ![]() ![]() 4 Likes |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Nbote(m): 12:58pm On Nov 10, 2023 |
They would soon come and tag it IPOB news and reports. 17 Likes 1 Share |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Fujiyama: 1:05pm On Nov 10, 2023 |
The number one import in this strange country is refined petroleum products. That's what's eating up this country's foreign exchange, year after year after year. The elephant in the room which Nigerians have been running away from is this: Why can't Nigeria refine petroleum products locally? Why? This is November 2023. We are waiting for Dangote refinery and PHRC and the fantastic promises that were made. We are waiting. 11 Likes 2 Shares |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by BigBlackPreek(m): 1:06pm On Nov 10, 2023 |
There was a country! Nigeria is a time bomb waiting to explode anytime soon! 1 Like |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Bobloco: 1:06pm On Nov 10, 2023 |
2025 ke It's already happening as we speak 9 Likes 1 Share |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by CHIOMAEZEH: 1:25pm On Nov 10, 2023 |
Wahala ProMax....they think say Na to dump 10billion dollars backlog, get short term results and throw owambe party online for it......we need to start manufacturing and exporting ....or manufacture and stop importing .....rather, they are still allocating millions of scarce dollars to use to purchase unnecessary luxury items . SUVs and Yacht https://www.youtube.com/watch?v=T-E_1HkrLmc On our way to Aso rock https://www.youtube.com/watch?v=T-E_1HkrLmc 6 Likes 1 Share |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Couldntfigurean: 1:27pm On Nov 10, 2023 |
This News shall favour me and my family 3 Likes 1 Share
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by IjebuWarrior: 1:27pm On Nov 10, 2023 |
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by ClearFlair: 1:28pm On Nov 10, 2023 |
Billionairly: They are clearly not very smart 1 Like |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Splashme: 1:28pm On Nov 10, 2023 |
Same EIU keep ranking Lagos as the second worst city in the world to live in. They are Ibos. They are IPOB . |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by handsomeyinka(m): 1:28pm On Nov 10, 2023 |
. |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Omezif(m): 1:29pm On Nov 10, 2023 |
That will be if the president will do the right thing before then. |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by id4sho(m): 1:29pm On Nov 10, 2023 |
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Hezzyluv: 1:29pm On Nov 10, 2023 |
APC propaganda na promax ![]() You inject $6million to deceive the gullible ones that Naira has gain it strength just for 1 or 2 weeks then 2moro, we go back to square one. 6 Likes 1 Share |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by jmoore(m): 1:30pm On Nov 10, 2023 |
2024, not 2025. 4 Likes |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by SoNature(m): 1:31pm On Nov 10, 2023 |
Stop all this useless projection |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by lexxwiz(m): 1:31pm On Nov 10, 2023 |
We’re bleeped!!! Very bleeped. 2 Likes |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by EyeCumInPiece: 1:31pm On Nov 10, 2023 |
This should be 2024 projection. Official rate is currently N1000. I am an agbado corn-brain, but I regret voting for Thïefnubu. ![]() 11 Likes
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Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by sofeo(m): 1:31pm On Nov 10, 2023 |
It's well. |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Kpartners: 1:33pm On Nov 10, 2023 |
DaddyJapan:Are you kidding me. It will be in a few weeks time, by 2025 we will all be begging Buhari to come back Running a country like Nigeria is not a child's play. But it is good, maybe by 2027 we will make use of our brains, it will get to everyone 2 Likes 1 Share |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by magoo10(m): 1:34pm On Nov 10, 2023 |
This is what the agbado government meant by they will shock Nigerians. Urchins over to your defense 3 Likes |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by Vision101(m): 1:34pm On Nov 10, 2023 |
@Kukutente23 APC have finished Nigeria kpatakpata nlfpmod. @me Swear..... did you understand what is written here?.....the only thing you know is how APC has finished Nigeria. |
Re: Nigeria’s Official Exchange Rate To Hit N1,068/$ By 2025 – EIU by OgaTheTop2: 1:34pm On Nov 10, 2023 |
Renewed shege... That's what you voted for.. Enjoy am. 2 Likes
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