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Nairaland Forum / Nairaland / General / Business / Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars (36222 Views)
Dollar Now Sells @ N907 In Polaris Bank As Hoarders Count Their Losses / Naira Gain Against U.S Dollar Boosts Dangote’s Wealth To $15.3 Billion / CBN Reiterates Stance On FX Access, ‘status Quo Remains On 43 Non-eligible items (2) (3) (4)
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Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by UnstableFC: 1:19pm On Mar 24 |
3 Likes |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Believeintruth: 1:20pm On Mar 24 |
kingxsamz: You understand the game very well. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Kukutente23: 1:24pm On Mar 24 |
Jayhome24:So Las Las you're a zombie yet you were lying that you're a soldier You dis colony of Zombies nor just get head |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Johncuppa(m): 1:30pm On Mar 24 |
femi4:If it's natural, then, what happened to fuel subsidy has happened to dollar floatation. But the government is not making this reality known and there's no how we can know since no one even knows how much government mkyae and how much is being spent. It's a nation of deception. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by adefitim(m): 1:33pm On Mar 24 |
I prefer to do a voice note to explain my own point of view on this matter. ▶️●──── 8:59:09 Baba Niyen |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by tnerro1(m): 1:34pm On Mar 24 |
This one they are begging “ currency manipulators “ to sell of their dollars, something tells me that this is artificial and they can’t keep it up for long. We go wait and see sha. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Jayhome24: 1:35pm On Mar 24 |
Kukutente23:Are you mad or something? What brought Soldier matter into hoarding of dollars I guess you must e extremely insane... |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Jayhome24: 1:36pm On Mar 24 |
Believeintruth: Make your own sensible comment bro or just face your front. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by tnerro1(m): 1:42pm On Mar 24 |
femi4: The way they are begging people to sell is suspicious, since when did they begin to love “ currency manipulators “ |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Dalohad: 1:44pm On Mar 24 |
Oluwo the Igboo (Cannabis) wrapper and smoker is giving us financial advice. Make we follow the advise? |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Donaldoni: 1:46pm On Mar 24 |
JASONjnr: Nonsense! Tinubu met it at NGN800 or thereabout. The gap between the official market and parallel market was almost NGN400. Round tripping was the order of the day. Today, there is a convergence. CBN is selling dollars yet our foreign reserve is increasing. Use your sense!! |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Kukutente23: 1:46pm On Mar 24 |
Jayhome24:Shut up you dirty zombie This is you on the other thread claiming to be a soldier. Which soldier will be in the internet 24hours jumping from thread to thread defending govt? You nor dey on duty throughout yesterday? Bleep off you zombie!!
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Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Donaldoni: 1:47pm On Mar 24 |
femi4: You better dump your dollars before the refineries begin production in some weeks' time. You guys will smell pepper |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Donaldoni: 1:50pm On Mar 24 |
tnerro1: Wait till the refineries resume. Some people will cry blood. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Donaldoni: 1:53pm On Mar 24 |
Johncuppa: What you should bother about is the state of our foreign reserves. It is increasing. CBN cannot eat dollars after all. 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Donaldoni: 1:56pm On Mar 24 |
khattab02: Just shut up already The strategy was to get the naira to a value they could easily defend without hurting our foreign reserves. Today there is a convergence between the official and parallel market rates 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Jayhome24: 1:57pm On Mar 24 |
Kukutente23: You nor get sense I swear how you and your fellow descendant of 666 managed to go to school is a mystery. In a simple term define and explain what is the link in dollar hoarding and the millitary? Na today I sabi obi juju don finished you, you are just alive in absential mode. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by alimiadedayo1: 2:02pm On Mar 24 |
Richtaiwo:you are a mumu man |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Tareq1105: 2:05pm On Mar 24 |
JASONjnr: You don't expect Tinubu to continue to subsidize dollars like Buhari did for years with $1.5b monthly. For how long?If you were the president you would not do such. It's a generally supported view that Naira should be allowed to find its level. This is what Tinubu did even though some proponents of this went back to criticize Tinubu. No wahala. Tinubu is on course and Nigeria ship shall sail safely soonest. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Adolfnigeria: 2:15pm On Mar 24 |
I feel sorry for those that had to buy dollar to pay for school fees etc. But selling off dollars will be a mistake. In the history of Nigeria, you cannot go wrong holding dollars. From 1$=1N to 1$=1400.... Better hold your dollars, better find how to hold it in Fixed deposit. For agbadorians, even your god, TINUBU, has most of his assets in dollars/pounds. 1 Like 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Kukutente23: 2:19pm On Mar 24 |
Jayhome24:Shut up you saliva drooling zombie Why did you lie that you're a member of our armed forces when you're just a cheap 30k zombie You're a liar and an imposter and need to be arrested |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Tareq1105: 2:19pm On Mar 24 |
tnerro1: Nobody is begging you to sell. I pray you don't sell before PH refinery and Dangote Refinery starts operation. It's only then you would realize that khaki no be leather. That's when you would learn in hard ways. Tinubu would not force you to sell, do your things and allow Tinubu to do his own. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Omoapena(m): 2:21pm On Mar 24 |
ivolt: This kinda make sense |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by Britishpea: 2:21pm On Mar 24 |
JASONjnr:. Different govt comes with different policies. No matter who comes to the saddle will face a similar scenario or worst than except the govt wants to keep borrowing to peg the dollars. How long can a country keep borrowing to finance white elephant projects? What you see today is an overtime effect of government weaknesses and lack of ability to buckle up to face the problem head long. In medicine, docs will advise you to stop all medications u have been taking without prescription to be able to find out where your problem is coming from. A problem not known can’t be solved. What Tinubu did was a proper diagnosis . Now they are tackling it and this will take a long time to have proper effects. Because a lot of factors contribute to the dollar/Naira rates. However, the dollar can’t fall below 1000Naira to dollar. Govt needs the liquidity to finance projects. |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by lexy2014: 2:33pm On Mar 24 |
Kloenboi: 1. how is Emefiele defending the naira different from what the government is doing right now? 2. are you aware that even China defends its currency against the dollar? |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by lexy2014: 2:33pm On Mar 24 |
Putindbutt: 1. how is Emefiele defending the naira different from what the government is doing right now? 2. are you aware that even China defends its currency against the dollar? 3. Does China have blackmarket? |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by lexy2014: 2:35pm On Mar 24 |
JuanDeDios: 1. how is that different from what the government is doing right now? 2. are you aware that even China defends its currency against the dollar? |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by IbeOkehie: 2:35pm On Mar 24 |
helinues: FG also meant business when they accused AbokiFx of manipulating the dollar/naira rate, they shut down the website. And naira kept crashing. Now it's Binance. Who will be next? Yeye people. Good Luck to Nigeria |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by jamafa: 2:37pm On Mar 24 |
JASONjnr: If you say Tinubu is dull, what will u say Peter Obi is?? Obi is very dull, hear him when he speaks |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by jasent(m): 2:46pm On Mar 24 |
Richtaiwo:How you lot think supporting a drug lord means you're patriotic is what I don't understand 1 Like 1 Share |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by bluefilm: 2:47pm On Mar 24 |
Richtaiwo: You're celebrating incompetence What a shame 1 Like |
Re: Naira gain: Pressure Mounts On FX Hoarders To Sell Off Dollars by 7upnigeria: 2:48pm On Mar 24 |
kereman1: Lol, this mumu thinks its changing of Presidents that will fix the country. I wonder the fooooools that gave birth to a disappointment like you. Presidents have been coming and going since 1960, how many houses your papa build? did change of Presidents and value of DOLLAR make your father succeed. Buyer made in Nigeria goods, you've been told several times. |
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