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Nairaland Forum / Nairaland / General / Business / Why Naira Will Continue To Appreciate (41543 Views)
Why Naira Depreciated By 23% In 4 Days β Currency Dealers, Analysts / Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 / Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan (2) (3) (4)
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Re: Why Naira Will Continue To Appreciate by Godfullsam(m): 11:09am On Mar 27 |
femisplash: I was about saying it. Once Nigeria finally overcome this challenges of fuel importation and we begin to export refined fuel instead, dollars worshippers will be in severe pains and the usd will experience it's worst decline in decades. 15 Likes 2 Shares |
Re: Why Naira Will Continue To Appreciate by femisplash: 11:13am On Mar 27 |
TheOldGods:The primary duty of CBN is to stabilize currency. Nigeria does not operate price control, we allow market forces to play out. However, artificial scarcity and arbitary increase in price needs to be checked not by monetary policy only and that's where state governments need to come in too. 22 Likes 3 Shares |
Re: Why Naira Will Continue To Appreciate by seunowa(f): 11:14am On Mar 27 |
femisplash:Please continue to educate them because the indices are obvious even for the blinds.. 18 Likes 2 Shares |
Re: Why Naira Will Continue To Appreciate by femisplash: 11:23am On Mar 27 |
Kukutente23:If somebody can sit behind the keyboard and talk so very mischevously of facts, obvious facts about increase in oil production, then i have no need entertaining a dark hearted pessimists. I have the right to be excited about naira appreciating as you were jumping on your chair when naira was everyday depreciating. 28 Likes 6 Shares |
Re: Why Naira Will Continue To Appreciate by Kukutente23: 11:25am On Mar 27 |
femisplash:I don't know what you mean by jumping on chair. You claimed oil production has increased, give evidence you're turning it to personal matter. If you don't have any evidence, I guess it's safe to say you're lying 11 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by femisplash: 11:32am On Mar 27 |
Godfullsam:I can't wait for fuel tankers to queue up at PH refinery loading fuel. It will ease off pressure a bit. Hopefully, Kyari will not make a mess of himself. 9 Likes 2 Shares |
Re: Why Naira Will Continue To Appreciate by femisplash: 11:38am On Mar 27 |
Kukutente23:Like i said, i won't entertain nor feed your mischief. If a basic information is so hard for you to search on Google, basic!, then i'd let you sleep on your mischief. 16 Likes 3 Shares |
Re: Why Naira Will Continue To Appreciate by drlateef: 11:40am On Mar 27 |
tophempire: An Obidient has just been spotted!!!π 22 Likes 3 Shares |
Re: Why Naira Will Continue To Appreciate by femisplash: 11:40am On Mar 27 |
seunowa:You're blessed, madam. 10 Likes |
Re: Why Naira Will Continue To Appreciate by Kukutente23: 12:55pm On Mar 27 |
femisplash:Basic lie you mean? Google does not agree with your lies That's why you have to hide 15 Likes
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Re: Why Naira Will Continue To Appreciate by Acidosis(m): 1:51pm On Mar 27 |
Obiedun: He is not derailing the topic. If Naira gains signficantly without a corresponding drop in the prices of goods, how does that benefit you as an individual? I just want to know. 15 Likes |
Re: Why Naira Will Continue To Appreciate by Acidosis(m): 1:52pm On Mar 27 |
Obiedun: He is not derailing the topic. If Naira gains significantly without a corresponding drop in the prices of goods, how does that benefit you as an individual? I just want to know. 5 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by Acidosis(m): 1:53pm On Mar 27 |
femisplash: Prices of goods will drop significantly when pump price returns to Buhari's price -- > #200 5 Likes |
Re: Why Naira Will Continue To Appreciate by tophempire: 2:28pm On Mar 27 |
drlateef: Boss no vex, Obi and just another version of Tinubu, in fact I feared Obi more πππ I wanted Osibanjo or Sowore as President. Before dem say I be Yoruba Man, na Akwa Ibom I come from 6 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by tophempire: 2:29pm On Mar 27 |
Godfullsam: Please use your brain and don't just spill rubbish sir. Thank you 1 Like |
Re: Why Naira Will Continue To Appreciate by ezeudo97817: 2:52pm On Mar 27 |
But Prices of good is still high!Government should look into this. But Prices of good is still high!Government should look into this.... 1 Like |
Re: Why Naira Will Continue To Appreciate by tophempire: 2:55pm On Mar 27 |
seunowa: No be everything be fight... Using a pain killer to treat your broken legs doesn't mean you've treated the main issue. Your government just applied painkillers sir, and the effect will wear off soon and you start to see naira fall again. Just in case you don't know, I am a admirer of the president. But truth be told, you borrow money to solve surface problem when interest rates has been increased by CBN, customs are increasing rate, no support for local productions no working refinery, Dangote buying crude oil from the USA, and businesses in Nigeria using only dollars as legal tender etc. Bro, I'm sorry to say we will be neck deep again in what you think we are offered. We should start by rejecting the IMF and World Bank's advice on how to run our economy. Since the days of Achebe these institutions have been causing us damage. Hope you understand now? 5 Likes |
Re: Why Naira Will Continue To Appreciate by tophempire: 3:00pm On Mar 27 |
Putindbutt: πππ |
Re: Why Naira Will Continue To Appreciate by tophempire: 3:06pm On Mar 27 |
softtorce: Zero nine zero one zero seven two eight seven two zero whatsapp |
Re: Why Naira Will Continue To Appreciate by Putindbutt: 3:41pm On Mar 27 |
Kukutente23:Try get sense na, what is the total production before it slump by 100,000 and that doesn't stop it from going up again. oil production is increased, dummy. 8 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by BondRiv: 3:49pm On Mar 27 |
It must rise. They should not relent. 2 Likes |
Re: Why Naira Will Continue To Appreciate by Kukutente23: 4:22pm On Mar 27 |
Putindbutt: Everyone on this platform knows you're a political hireling. So no one expects you to apply the least modicum of common sense in whatever nonsense you want to write. Your comrade-in-folly claimed oil production had gone up when we are not even meeting our OPEC quota and you are here writing rubbish about oil slump. You need to delete yourself from my mentions. I don't have time for people who enjoy playing the fool to please politicians` 10 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by Putindbutt: 4:31pm On Mar 27 |
Kukutente23:You think everyone is dumb like you. Production has increased from 1.1 million to about 1.6million. Put the link of that screenshot, everybody no be fool. 13 Likes 2 Shares |
Re: Why Naira Will Continue To Appreciate by rinzaugustine: 4:38pm On Mar 27 |
Another propaganda from a Nairaland Agbado β¦one of the same people that said tinubu built Lagos |
Re: Why Naira Will Continue To Appreciate by Cajal(m): 4:40pm On Mar 27 |
jetwonder:Are you from Bujumbura.... Cement and others are crashing even PMS 7 Likes 1 Share |
Re: Why Naira Will Continue To Appreciate by Yankee101: 4:40pm On Mar 27 |
Not so fast Hold on a little Letβs make sure itβs not window dressing 2 Likes |
Re: Why Naira Will Continue To Appreciate by elasticlala: 4:41pm On Mar 27 |
For how many weeks now has the Naira been gaining strength? Has there been any notable reduction in the prices of commodities in the market ? This should be of uttermost concern () 3 Likes |
Re: Why Naira Will Continue To Appreciate by Yankee101: 4:41pm On Mar 27 |
And will Dangote and co take cement back to 4k or 6k? Will prices return to the old state? 1 Like |
Re: Why Naira Will Continue To Appreciate by Johnjustice: 4:41pm On Mar 27 |
It will hit N400 before end of this year. Offload your dollars now, you unpatriotic hoarders and speculators...for your own good. 5 Likes |
Re: Why Naira Will Continue To Appreciate by Krankhead: 4:41pm On Mar 27 |
jetwonder:They will look into it. Most times, we are the enemies of ourselves... people increase the price of their goods arbitrarily once they hear dollars including people that doesn't have anything to do with dollars. What concerns someone selling Agbalumo in the vill6wutg dollars, still they will increase the price and say it's dollars. Some people are also entitled in destroying the country simply because they did not win elections.if we join hand together, Niceville be better 6 Likes 2 Shares |
Re: Why Naira Will Continue To Appreciate by CountinBlessins(m): 4:42pm On Mar 27 |
H |
Re: Why Naira Will Continue To Appreciate by Krankhead: 4:43pm On Mar 27 |
femisplash:Thats what I'm talking about. The traders should compliment by reducing their prices. 3 Likes 2 Shares |
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