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Nairaland Forum / Nairaland / General / Business / Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ (20140 Views)
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Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by SuccessfulRichi: 12:00pm On Apr 26 |
post=129642410: Let the naira keep falling. It's a goodnews. When dollar was falling, we were buying goods and services at higher prices even more than when dollar was rising. So let the government focus on other factor of the economy. We're tired. Diversify our economy. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by SuccessfulRichi: 12:01pm On Apr 26 |
Let the naira keep falling. It's a goodnews. When dollar was falling, we were buying goods and services at higher prices even more than when dollar was rising. So let the government focus on other factor of the economy. We're tired. Diversify our economy. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by nedekid: 12:02pm On Apr 26 |
Thewrath:Providus bank. The normal one has limit of around $300 monthly for online purchases. It does not work abroad. I use the platinum card which works abroad and online with a $3k monthly limit. The platinum card gives access to executive lounges at the airport in Abuja and Lagos and others abroad. Guess what, it is only ₦4k to get the card. It is a regular naira card that deducts from your naira account. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Anonimoux: 12:02pm On Apr 26 |
tegrianonigltd:Don't waste your time with such intellectually inept persons. Just imagine the stewpead comment. 1 Like |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Anonimoux: 12:03pm On Apr 26 |
Niccoloimhotep:Their stewpeadity is alarming honestly. 2 Likes |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by nedekid: 12:04pm On Apr 26 |
tefund:Providus bank. The normal one has limit of around $300 monthly for online purchases. It does not work abroad. I use the platinum card which works abroad and online with a $3k monthly limit. The platinum card gives access to executive lounges at the airport in Abuja and Lagos and others abroad. Guess what, it is only ₦4k to get the card. It is a regular naira card that deducts from your naira account. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by theredaddy: 12:11pm On Apr 26 |
CheapHomes1: why/what i voted BAT for are literally my "Expectations" of his govt, so its "Expectation" like i said "I am not dumb to expect Rome built in a day" ... |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Godwin25king: 12:17pm On Apr 26 |
Nigeria should also focus on exporting and minimize importations of they want to improve the value of the Naira. I don't see any reason why we can't excel when we use more of MINP. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Dikegodspower(m): 12:19pm On Apr 26 |
The naira appreciation no even affect our daily lives. If e want make e go 20k per dollar, since e no make rice ,cement ,fuel and stuffsto come down |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by CheapHomes1: 12:20pm On Apr 26 |
theredaddy: same thing we are saying. I dont remember asking you if you what you expect or dont expect. my question goes thus: you are one of those that voted for tinubu. that is great. pls tell us how well he has achieved what you say you voted him for. 4 Likes 1 Share |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by erosimo(m): 12:34pm On Apr 26 |
Namaster: Stop assuming. Nothing true about the point you posted 1 Like 1 Share |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Etimemy: 12:42pm On Apr 26 |
Tinubu means failure 1 Like 1 Share |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Hx1x: 12:45pm On Apr 26 |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by abbasajao(m): 12:56pm On Apr 26 |
The sabotages have started mobbing the dollars in circulation. 1 Like |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Jig5aw(f): 12:58pm On Apr 26 |
First class Mugu Honestey: |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Treadway: 1:06pm On Apr 26 |
nedekid:for real?? Bubu reduced it to $20 limit per month in like 2021/2022. Since then, I no even bother to use card buy anything abroad again. Any idea when the embargo was lifted? If no be say na you type, and I know you on here, I for say na lie. Modified: I see you have provided more info on the bank/card, but still I'm curious. Does this mean even since back then wey dem place the embargo, you were able to bypass all that with the providus card? |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Blazetrailer: 1:17pm On Apr 26 |
The most stupid mistake a president will ever make is to make a gargantuan economic decion on personal impulse. This dude did not think at all or he was misadvised to floating the naira. Which goes to highlight all the accolades of experience and intellectual capabilities ascribed to him are overestimated. In fact if you listen to any if his free unscripted interviews, you will understand why he has not held any presidential press interview. Till now ans he will never..full of incoherence and gibberish....I fear for Nigeria under this dude. 3 Likes 1 Share |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by RealTrump: 1:18pm On Apr 26 |
NOwazobia: I believe crypto has really helped to reduce pressure on dollar otherwise everything for don scatter. If you have supplier overseas, a lot of them will collect USDT if you don't have USD. But trust the illiterates to possibly go ahead and ban crypto, n watch it all burn 2 Likes |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Blazetrailer: 1:19pm On Apr 26 |
pquaver: Just wow!!... imagine how the citizenry 🤔 No winder they have idiots as leaders |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Dreamhighnow(m): 1:27pm On Apr 26 |
Honestey: Is aisha yesufu the president of Nigeria? 1 Like |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by OALandAgents: 1:31pm On Apr 26 |
Tinubu Tinubu Tinubu *SMH* |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by AMI3(m): 1:42pm On Apr 26 |
Honestey: Bros tell the government to do the right thing? Nobody can be against government and go scot-free. There are people how have seen beyond sentiment. Forget party, forget religion and forget tribe. Think out of the box. If the APC had a means to sabotage PDP they could have done it and ur likes could applauded them. Did ur like not in support of APC when they were insulting Jonathan a sitting president.? Who call them to order nobody Today we believe it is a normal thing to insult a president of the federation. Since they came to power what difference have they made? Is it not the same looting and killings that happened during PDP that we still facing for how many years now. 16 years of APC and 16 years of PDP do the comparison and make a choice for urself. The taxation in this regime is it not much? Where are the money going to. How many people are ready to go and farm because nobody wants to die? How many people are willing to do business of agriculture again? Look at the north now they have joy in banditry more than farm work Let the government sit up and do the right thing please 1 Like |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by theredaddy: 1:45pm On Apr 26 |
CheapHomes1: what i expect Tinubu govt to achieve are "capital projects" they don't cook like indomie A student is writing an exam nd he is yet to submit but VC want the lecturer to score the student right away .... does it make any sense i don"t do things that don't make sense |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by CheapHomes1: 1:57pm On Apr 26 |
theredaddy: you are already doing something that does not make sense. theredaddy: pls tell us how well he has achieved what you say you elected him for. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by theredaddy: 2:04pm On Apr 26 |
CheapHomes1: Until the student finishes and submit, no score can be valid You are free to score him whatever you like ... bye |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by DMerciful(m): 2:14pm On Apr 26 |
LegendHero, Oturugbeke |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by blueAgent(m): 2:19pm On Apr 26 |
Blazetrailer: But I heard he built Lagos |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by Prince500(m): 2:19pm On Apr 26 |
Honestey:wow! she is also a victim of lackadaisical policies by your principal, so as you and I. We aren't exempted. So chill bro |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by CheapHomes1: 2:20pm On Apr 26 |
theredaddy: how is tinubu a student? do sttudents give dividends of democracy? you said you elected tinubu to work for you. how will a student work for you? theredaddy: pls tell us how well he has achieved what you say you elected him for. 1 Like |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by komzy589(m): 2:30pm On Apr 26 |
Honestey:Wow! See you thriving in dullness😳 She said that because she knew the government of the day are doing the wrong things. Quoting her; ‘When two directly proportional quantities are not progressing simultaneously, a statistical mayhem is waiting to happen’. These are the people that should be leading this country. |
Re: Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ by 3rockets(m): 3:00pm On Apr 26 |
Honestey: Lol. Madness in practice! These people you mentioned are not in any way associated with decision making! You are a typical ilitrate that can read and write, blaming others but themselves, APC infections always transferrable. You need to be cured walahi! Tell me is Aisha or any other villain in your excuse also at the petrol stations hoarding fuel unchallenged? 2 Likes |
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