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Naira Loses N106.7 In 48 Hours - Business (3) - Nairaland

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Naira Loses ₦‎79 To Dollar / Manufacturers May Sack Workers As Naira Loses 39% Value / Naira Loses To Dollar, Closes At 419 In "Official Market" (2) (3) (4)

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Re: Naira Loses N106.7 In 48 Hours by Dminister(m): 11:16am On Oct 17, 2024
Na to hurry make I change all money to dollars before December dollar go hit 2000 or 2500
Re: Naira Loses N106.7 In 48 Hours by excanny: 11:22am On Oct 17, 2024
Naira fighting for it's life
Re: Naira Loses N106.7 In 48 Hours by Calitoscassius(m): 11:38am On Oct 17, 2024
helinues:


Toh
I am not surprised. undecided i didn't expect any reasonable response.
Re: Naira Loses N106.7 In 48 Hours by OpinionCounts(m): 11:38am On Oct 17, 2024
Donaldoni:


Everything under Buhari and Emefiele was FAKE and UNSUSTAINABLE. We were heading for economic perdition! angry

Years back, It used to be APC saying it was PDP's fault.

Now after over 10years it is APC accusing APC of bad governance.

It clearly shows these guys have no idea on how to govern a country successfully. They have just been surviving on propaganda.

Very funny crop of misfits with no clue on how to govern a country.

Very unfortunate.

2 Likes

Re: Naira Loses N106.7 In 48 Hours by Inosky: 11:45am On Oct 17, 2024
Clueless government of Tinubu. Nigeria going backwards to the pit. The earlier they sack this useless government the better for the country.

1 Like 1 Share

Re: Naira Loses N106.7 In 48 Hours by godofuck231: 11:49am On Oct 17, 2024
Tribalism buhari and tinubu sacked the brains on top and moved the learners up to the helm of affairs, so the vehicle is under learners driving risk

1 Like 1 Share

Re: Naira Loses N106.7 In 48 Hours by gare(f): 11:58am On Oct 17, 2024
Re: Naira Loses N106.7 In 48 Hours by 007lss: 12:19pm On Oct 17, 2024
Donaldoni:


What do you expect when Buhari and Emefiele injected over NGN20trillion into the economy from thin air

We don't even have enough physical cash to back up our electronic cash embarassed
APC
Re: Naira Loses N106.7 In 48 Hours by back2sender: 12:24pm On Oct 17, 2024
We dont have a current problem BUT a lack of productivity problem.

What are you producing ? we are a sleep ( Night ) and Wake ( morning ) economy, our economy goes to sleep in the night and wakes up in the morning.

Nigerians needs to change this pattern, we must be active both at day and night producing

1 Like

Re: Naira Loses N106.7 In 48 Hours by Brushstrokes20: 12:26pm On Oct 17, 2024
The doomed dingBAT sole destiny is to sink the shithole beyond redemption 💯💯🔊🔊
Re: Naira Loses N106.7 In 48 Hours by bugu51: 12:28pm On Oct 17, 2024
Ikaeniyan0:
Naira will start gaining against the us dollar very soon
Bro just keep shut. You don't know what you're saying
Re: Naira Loses N106.7 In 48 Hours by Donaldoni: 12:48pm On Oct 17, 2024
luvinhubby:


The naira was N700 to $1 under them against the N1,700 to $1 under this funny rigged in creature in Aso rock

When it was NGN700, it was NGN470 in the official window. People made quick money collecting money from CBN and selling it immediately at the black market.

Very useless, corrupt and unsustainable system! angry
Re: Naira Loses N106.7 In 48 Hours by Fatbam005: 12:55pm On Oct 17, 2024
Dminister:
Na to hurry make I change all money to dollars before December dollar go hit 2000 or 2500
you this man, imagination no go kill you. The 6,500 naira way dey ur opay account you won change to dollar. Chai
Re: Naira Loses N106.7 In 48 Hours by Zainabwhitemone(f): 1:19pm On Oct 17, 2024
Sense is an elusive thing

Re: Naira Loses N106.7 In 48 Hours by zinaunreal(m): 1:24pm On Oct 17, 2024
Ikaeniyan0:
Naira will start gaining against the us dollar very soon

Like the way Your papa gain your mama to born mumu
Re: Naira Loses N106.7 In 48 Hours by Vision101(m): 1:53pm On Oct 17, 2024
RingRoadCartel:


Osanobua roast your scrotum there for bringing Emefiele into this! Was the naira this worthless under him? All you people do is blame and shift goal post, no real forensic insight
Any time there's this unusual drop check the reasons:
Major debt servicing and/or
FAAC disbursement.

It has been discovered that there's correlation between FAC disbursement and exchange rate distortion. Governors take out state monies and convert to dollar.
Re: Naira Loses N106.7 In 48 Hours by olaniyilukman(m): 2:00pm On Oct 17, 2024
Donaldoni:


Everything under Buhari and Emefiele was FAKE and UNSUSTAINABLE. We were heading for economic perdition! angry
Na that economy perdition go destroyed you and your family....
Re: Naira Loses N106.7 In 48 Hours by searchlight: 2:29pm On Oct 17, 2024
Donaldoni:


What do you expect when Buhari and Emefiele injected over NGN20trillion from thin air into the economy

We don't even have enough physical cash to back up our electronic cash embarassed
But you supported him for 8 years.
Re: Naira Loses N106.7 In 48 Hours by uchwar1: 2:44pm On Oct 17, 2024
Donaldoni:


What do you expect when Buhari and Emefiele injected over NGN20trillion from thin air into the economy

We don't even have enough physical cash to back up our electronic cash embarassed
Oni
Re: Naira Loses N106.7 In 48 Hours by GboyegaD(m): 3:12pm On Oct 17, 2024
Donaldoni:


What do you expect when Buhari and Emefiele injected over NGN20trillion from thin air into the economy

We don't even have enough physical cash to back up our electronic cash embarassed

Typical, always passing blames and highly irresponsible.
Who floated the naira? What plans were there to strengthen it?

1 Like 1 Share

Re: Naira Loses N106.7 In 48 Hours by GboyegaD(m): 3:15pm On Oct 17, 2024
Donaldoni:


The value of the debt in dollars is less under Tinubu than Buhari.

Under Buhari we spent 97% of our revenue servicing debt. Today it is down to 68% or thereabout.

Where is this statistics coming from? Stop listening to road side gist that are not genuine.
Re: Naira Loses N106.7 In 48 Hours by Cromagnon: 3:21pm On Oct 17, 2024
pointblank247:
Truly truly I am yet to understand the kind of people we have in Nigeria. Suffering and smiling every where.
are they truly suffering. It's you that thinks they're suffering cos you have oyinbo standard to compare.
Most only know what they see so it's normal to them. If you eat pepper all the time you will become immune to it. Unlike someone who has never eaten it bfor

1 Like

Re: Naira Loses N106.7 In 48 Hours by letitrainnow(m): 3:41pm On Oct 17, 2024
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Re: Naira Loses N106.7 In 48 Hours by blueAgent(m): 3:46pm On Oct 17, 2024
Donaldoni:


When it was NGN700, it was NGN470 in the official window. People made quick money collecting money from CBN and selling it immediately at the black market.

Very useless, corrupt and unsustainable system! angry

Are they not still making money?
There is still hugh difference between the CBN rate and Black Market rate.
Re: Naira Loses N106.7 In 48 Hours by Katier00(f): 4:36pm On Oct 17, 2024
blueAgent:


Are they not still making money?
There is still hugh difference between the CBN rate and Black Market rate.
is this rate the official rate abi black market
Re: Naira Loses N106.7 In 48 Hours by Barcalee: 5:07pm On Oct 17, 2024
Ikaeniyan0:
Naira will start gaining against the us dollar very soon

I hope it will gain against the dollar and it will be permanent and not slippery
Re: Naira Loses N106.7 In 48 Hours by Ikaeniyan0: 5:08pm On Oct 17, 2024
Barcalee:


I hope it will gain against the dollar and it will be permanent and not slippery
Base on Tinubu reforms and some other things I am seeing on ground, am sure it will be permanent

1 Like

Re: Naira Loses N106.7 In 48 Hours by twinskenny(m): 5:48pm On Oct 17, 2024
luvinhubby:


Where is the 80k rice?


Bought two days ago for 95k in a discount shop called Bokku mart

Is this long grain?
Re: Naira Loses N106.7 In 48 Hours by luvinhubby(m): 8:34pm On Oct 17, 2024
twinskenny:


Is this long grain?

Yes
Re: Naira Loses N106.7 In 48 Hours by Dminister(m): 9:36pm On Oct 17, 2024
[quote author=Fatbam005 post=132468202] you this man, imagination no go kill you. The 6,500 naira way dey ur opay account you won change to dollar. Chai Hahahaha you think say as you take poor na so other people take poor? Because nairaland dey faceless no mean say you dey assume. Millionaires like me full here but we dey low key dey cash cruise. We no dey make noise
Re: Naira Loses N106.7 In 48 Hours by Donaldoni: 10:48pm On Oct 17, 2024
olaniyilukman:
Na that economy perdition go destroyed you me and your my family....

Okay

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