NewStats: 3,264,979 , 8,185,265 topics. Date: Friday, 13 June 2025 at 03:39 AM 69535

Naira appreciate on weekend alone

MossadAgent:


What you should take away here is that the Naira is appreciating and it isn't down to the CBN defending the Naira artificially but through solid reforms.

If this trend continues, the true value of the Naira will continue to appreciate .

You should have asked how come Naira became so weak after floating it .

And you will find out that it was due to the reckless ways and means extended to the last government and backed only by fiat printing.

If your useless Emefile had done the right thing and upheld fiduciary discipline in defending and managing the currency supply we won't be here.

Emefile and his printing press is why we are here today but in due time, the FX window is being used to mop up excess Naira from circulation which Emefile intended to do with his failed cash heist.

There was a lot of naira chasing few dollars and goods/services under Emefiele. Emefiele is the reason dollar rate and inflation is very high.

Some Nigerians who got CBN loans under Emefiele used it to japa, some people used it to buy $,£ and € they didn't need.

PlasmaTV:

I asked a simple question, chief
How much was naira to dollar when Tinubu was sworn in?

he explained it economically, hope u are educated enough to understand

MondayOmoAdugbo:


Well..

October?

Paraman:
October?

Yep
10

PlasmaTV:

I asked a simple question, chief
How much was naira to dollar when Tinubu was sworn in?

This is of no moment sir. Think logically

You think through the primitive lens of tribalism. More the pity since I would associate such primordial behavior with an old man not a kid like you.
Idgaf what Ohaneze said. It is inconsequential.

MossadAgent:


Someone who ohaneze described his rightful arrest and arraignment to court as "anti Ibo"?

Go and rest.

IamaNigerianGuy:
You think through the primitive lens of tribalism. More the pity since I would associate such primordial behavior with an old man not a kid like you.
Idgaf what Ohaneze said. It is inconsequential.

I am going to radicalize all my kids when they enter teenage years to be wary of you cannibals who habour deep seethed hatred for anyone not of your primitive clan.

If the pan apex Ibo cultural and identity group like ohaneze can be so blatant with their unguarded tribalism, what stops me from not reciprocating such to you?

Bloody hypocritites

IMAliyu2:

≈N450 cbn rate (This rate was virtually inaccessible to the average man)
≈N780 black market rate (The free-market rate) if I'm ing correctly.

You are not correct.
Black market was #735 to a dollar when Tinubu took over.
The govt actually fumbled. their thinking was that after floating, the currency was going to stabilize at #700 to a dollar, but they failed to realize that Nigeria is just a consuming nation with very low productivity.
Also in addition, this govt have been intervening by defending the naira in so many instances so as to keep at the rate it is presently.

I am not Igbo. Far from it. You see why I say you are a primitive organism ?

MossadAgent:


I am going to radicalize all my kids when they enter teenage years to be wary of you cannibals who habour deep seethed hatred for anyone not of your primitive clan.

If the pan apex Ibo cultural and identity group like ohaneze can be so blatant with their unguarded tribalism, what stops me from not reciprocating such to you?

Bloody hypocritites

IamaNigerianGuy:
I am not Igbo. Far from it. You see why I say you are a primitive organism ?

You are and a bloody lying one at that.

bjcole:


You are not correct.
Black market was #735 to a dollar when Tinubu took over.
The govt actually fumbled. their thinking was that after floating, the currency was going to stabilize at #700 to a dollar, but they failed to realize that Nigeria is just a consuming nation with very low productivity.
Also in addition, this govt have been intervening by defending the naira in so many instances so as to keep at the rate it is presently.

Correction noted.

Until 1usd = at least ₦500, I'm tired of reading all these chest beating by RONU rascals

zero8zero:

Stale.

Emiefele was the first CBN governor right??
How much was paid when naira was 199 and fuel 87# while we are in less debt than now we have subsidy removed, everything high in heaven yet dollar over 1500#
Whose government did Emiefele worked for? Same APC and buhari tinubu promised he brought and will continue where he stopped.
Keep fooling yourself like Emiefele was the president of Nigeria 😁😂

bobby007:
he explained it economically, hope u are educated enough to understand

Yawns
Dumb reply

lexy2014:


You don't need plenty grammar to answer the question.

Just give a figure

He's there telling me stories of yonder. That's how you know APC people. They always try to dabaru everything.

morgstreme:


You didn't ask a simple question..

You asked a STUPID question..

As usual......

Lol
E pain you?
Your stupid Oga came in and blamed crypto for dollar increase. Now, nobody else to blame. But as usual, you must work for your monthly stipend.

morgstreme:


You want to confuse that OLODO with information overload?

You are wicked..

Lol
An APC idiot is here crying on NL. Bros, find a life jare.

PlasmaTV:

Yawns
Dumb reply

skoro olodo

dapadawee:

Simple answer you can't relate. Thank God tinubu intervened one dollar by.now would be 17000

what is the "simple answer" that you cant relate? can you pls share?

what was Tinubus intervention that prevented naira from getting to 17000 by now?

How much was naira to dollar when Tinubu was sworn in?

nomadreporter:

How much was Naira value before Tinubu

is that the same question being asked below?

post=133276721:

How much was naira to dollar when Tinubu was sworn in?

Sensational headline

SeverusSnape:
Waiting for ZOMBIES to come and say "God bless Tinubu".

God bless Tinubu
Jagaban till 2031

BRANDit007:
This bears the similitude of good news.

But my question as always is "is this trend sustainable, or it is just a retracement only for it to continue bearish."

Time will tell.

U na confirm member.
U are forex trader.
Nice one.

PlasmaTV:

Lol
An APC idiot is here crying on NL. Bros, find a life jare.

Empty Cretin!

It just goes to show your mental health NOT intact..

Get well soon

PlasmaTV:

Lol
E pain you?
Your stupid Oga came in and blamed crypto for dollar increase. Now, nobody else to blame. But as usual, you must work for your monthly stipend.

MORONIC DEBASED NUMBSKULL..

Naira is appreciating..

IDIOTIC UNINTELLIGENT URCHIN that has no business with dollars in his family and life postulating about dollar..

MossadAgent:


And were you getting access to FX when it was artificially pegged for political reasons?

This is the first time in the history of the Naira that it is being treated as a convertible currency and in the wake of excess fiat, it's doing remarkably well.


The key points to take note of here is that the old multilayered and opaque FX windows only benefited rent seekers .

Naira is one of the worst currency in Africa, Cameroon having a stronger currency than Nigeria

APC Idiots, as you rightly called them, are a curse to man and God.

PlasmaTV:
This is NOT appreciation. It is insanity.
See APC idiots crying in my mentions! Lol. Channel your tears to Tinubu who shot up the prices of everything astronomically.

Awon ode united.

Who re when Tinubu's government blamed crypto for the dollar/naira insanity?
Lol. Bunch of uneducated dolts.

Nor b to they complain and cast blame you too can strengthen the value of naire with yr own little bit , find something they produce and sell, na small small all those develop world take start go to Asia countries you go see people producing toilet seater from the conform of their home nor be even stuff wen requires big machinery

Zackattack:

U go explain tire.
How much be dollar wen Tinubu met it?

I bought ₦1670 to $1 this afternoon

morgstreme:


MORONIC DEBASED NUMBSKULL..

Naira is appreciating..

IDIOTIC UNINTELLIGENT URCHIN that has no business with dollars in his family and life postulating about dollar..

Your papa

morgstreme:


Empty Cretin!

It just goes to show your mental health NOT intact..

Get well soon

Popsy iyalaya e