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Nairaland Forum / Nairaland / General / Business / Why Is The Naira Exchange Rate Always In The News (15939 Views)
Dollar-to-naira Exchange Rate Hits N1603.80 On Official FX Market / When The Naira Was Stronger Than US Dollar (Throwback) / ‘Anyone Caught Abusing The Naira Will Face Jail Terms’ – CBN Warns Nigerians (2) (3) (4)
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Re: Why Is The Naira Exchange Rate Always In The News by Kingray10: 11:29am On Apr 25 |
Overated. |
Re: Why Is The Naira Exchange Rate Always In The News by Uptownerd: 11:29am On Apr 25 |
A very nice question. Unfortunately, the answer is "clickbait". Nigerians are easily deceived, so the news sites will continue to milk this fact. At a time when countries around the world are spearheading dedollarisation to be totally free from the US hegemony, here we are looking up to the dollar and continuously dollarizing our economy. 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by StOla: 11:30am On Apr 25 |
Because Nigerians like you are obsessed with the dollar rate. 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by Hezmatosky: 11:30am On Apr 25 |
Honestly our leaders are out of clue. What they do now is trial by error. Baba is even tired 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by NaijaCover(m): 11:30am On Apr 25 |
Mr Blogger Is Always Available To Publish It |
Re: Why Is The Naira Exchange Rate Always In The News by CandidAdmin(m): 11:30am On Apr 25 |
Their business |
Re: Why Is The Naira Exchange Rate Always In The News by StOla: 11:31am On Apr 25 |
Zxcvbnmghtr: Exactly what I posited. |
Re: Why Is The Naira Exchange Rate Always In The News by chatinent: 11:31am On Apr 25 |
We are dollar slaves |
Re: Why Is The Naira Exchange Rate Always In The News by uuzba(m): 11:32am On Apr 25 |
shortgun:Jonathan's luck is that the president died and he then assumed office. Had there been elections, Jonathan would never have won with this kind enemies in Nigeria. He was good yet pushed out of office and since he left, only worse people have taken over. 6 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by LucemFerre: 11:33am On Apr 25 |
jayworld15: What do you people gain in spreading fake news? |
Re: Why Is The Naira Exchange Rate Always In The News by Emmabyte: 11:33am On Apr 25 |
Because apc promise us one dollar to one naira and what we are seeing is #1430 to 1$ our people need to know how useless this government is in order to do away with them come next election, thank you 2 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by nlreserve: 11:33am On Apr 25 |
Toh if na helinues 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by Zxcvbnmghtr: 11:33am On Apr 25 |
Re: Why Is The Naira Exchange Rate Always In The News by VeeVeeMyLuv(m): 11:34am On Apr 25 |
Jos-gombe transmission line is down for the past 4days |
Re: Why Is The Naira Exchange Rate Always In The News by Dyfynezz12(m): 11:35am On Apr 25 |
Cost the naira to dollar rate changes everyday Nd a change in situations that happens everyday is called news |
Re: Why Is The Naira Exchange Rate Always In The News by Blaze14k: 11:36am On Apr 25 |
shortgun: I support you 100% 3 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by AdamuKD: 11:36am On Apr 25 |
Zxcvbnmghtr:Senseless zombie. You left what they asked you and you are mentioning Obi. Obi that can buy all your generation put together. Idiot 3 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by Emman08: 11:37am On Apr 25 |
One, we import literally everything Two, dollars are easier to loot and laundering. Three, we have baboons managing Nigeria's economy |
Re: Why Is The Naira Exchange Rate Always In The News by InvertedHammer: 11:38am On Apr 25 |
flyinnizam:/ The country is heavily import-dependent even to the point of importing toothpicks. So excessive gyration in exchange rates creates panic and outrage. An importer that placed orders on Friday at $1= N1050 will wake up today with $1= N1300. Who knows what it will be by Monday next week? In the most productive time of their lives, an average Nigerian youth is running the street wearing dreads, white socks and sagging with a mobile phone or laptop in tow. Nobody is interested in producing anything. It is all about soft life. The future outlook for the country is very extremely bleak. / 2 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by Zxcvbnmghtr: 11:40am On Apr 25 |
AdamuKD: ![]()
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Re: Why Is The Naira Exchange Rate Always In The News by jayworld15(m): 11:41am On Apr 25 |
LucemFerre: Fake news you said? The problem is you guys aren't updated how it's going unless you have ABOKI and asked him. You only do online copy and paste and digest the info. Right now sef, it's even scarce for the over 1400. Get yourself one BDC and ask him "whatsup." 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by GenFunction: 11:41am On Apr 25 |
Thats why wen u stop dis guys selling coconut and the likes and u begin negotiation u hear stuffs like "its xpensive cos dollar is high" for coconut? |
Re: Why Is The Naira Exchange Rate Always In The News by NaijaCrusader: 11:42am On Apr 25 |
You are right it shows instability it just reminds me of the COVID period with it's daily statistics and indication that a new killer disease was on rampage |
Re: Why Is The Naira Exchange Rate Always In The News by iLoveYouToo(m): 11:43am On Apr 25 |
flyinnizam: When it started rising exponentially you were celebrating 🙄 |
Re: Why Is The Naira Exchange Rate Always In The News by rainluv: 11:43am On Apr 25 |
Zxcvbnmghtr: Mumu.. Is he in government or works in cbn to have such information and be dropping it as news every hour? ![]() 2 Likes |
Re: Why Is The Naira Exchange Rate Always In The News by Dougad: 11:43am On Apr 25 |
Of course an APC yansh eater, specifically of the emilokan variety, would be in support of censorship of the news 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by Vision101(m): 11:44am On Apr 25 |
flyinnizam:Dollar obsession. No child cares about the prices of groceries so long as the Dad buys them. The day the dad orders that the child must pay for his groceries that day the child will become conscious of price. 1 Like |
Re: Why Is The Naira Exchange Rate Always In The News by tunjijones(m): 11:45am On Apr 25 |
bennybuhari: Have you gone to any country except Nigeria? |
Re: Why Is The Naira Exchange Rate Always In The News by MatthiasChin: 11:45am On Apr 25 |
It is time for us to buy six 7 bags and store it... |
Re: Why Is The Naira Exchange Rate Always In The News by Zxcvbnmghtr: 11:47am On Apr 25 |
rainluv: I am wondering the same thing too. |
Re: Why Is The Naira Exchange Rate Always In The News by rainluv: 11:49am On Apr 25 |
We’re Going To Need More Cash, Banks Tell CBN / Naira Depreciates To N520 Against U.S. Dollar As Retailers Examine CBN Action / Dangote Pledges To Help FG Turn Around Nigeria’s Economy
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