Naira Sustains Upward Gain Against Dollar -Nwachukwu

Рет қаралды 13,704

2 ай бұрын

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Пікірлер: 76

@user-bt3iz7vi7q 2 ай бұрын

The most important issue that Nigeria need to address is to clean up corruption. Then good governance will benefit Nigerians. ✌️🙏❤️

@suleienejod2071 2 ай бұрын

This Gentleman has spoken clearly and consistently

@ambroseamuah4247 2 ай бұрын

It's heartwarming. 'Charity begins at home'. Our home refineries should be adequately supplied for mass production and that will supply domestic use and export. Let the present dispensation not be sabotaged

@adewaleadekanmi9670 2 ай бұрын

Tinubu for 8 years presidency.It now shows that Tinubu will turn out to be the president in the history of this country.since the floating of Naira in Nigeria,we have never seen a naira recovery like this one.

@asifelicity3542 2 ай бұрын

What is recovering ? Why must we'be speaking English without doing English ask your self how much is a bag of rice in the maru

@hack999casper6 2 ай бұрын

No criminal have a place in Nigeria's history. He met it at N700.

@olumawos 2 ай бұрын

Nigeria is improving like it or not.

@hack999casper6 2 ай бұрын

Clap for yourself.

@adewaleadekanmi9670 2 ай бұрын

For all of you who are commenting about my post, I want to repeat that Tinubu will end up the best President in Nigeria history.Look at his 9 months presidency and compare to any Nigeria leaders since 1960,then you will agree with me that Tinubu presidency has been consequential to Nigeria never seen before in Nigeria history,Naira started float in 1996, we never experienced a situation when naira lost value against dollar and revalue again only in Tinubu era,from 2000 naira to dollar just three months ago and now 1150 to a dollar.Kudos Mr President.Eight years a must.

@bayofat 2 ай бұрын

Enhanced security across the nation; Intensified farming and food production; local refining of crude oil; and accountable production and management of mineral resources; cost-effective transparent governance are the recommended solutions to the Nigerian economy.

@elowhite2348 2 ай бұрын

When is the recovery going to reflect on the prices of commodities or is it just a Voodoo recovery.

@michaelpaul4874 2 ай бұрын

God bless Nigeria

@chidi-lm1tx 2 ай бұрын

Let Cadoso and City Boy give us the amount of dollars that importers bought at 1900 last month and those goods have not yet arrived. How much are they going to sell those goods at?????? Are they going to sell them at $1100???? to the Naira?????

@user-hj9qj4td7q 2 ай бұрын

What a brainless question. Because they bought the goods at 1900 dollar government should keep dollar at 1900.

@yusuflawal4752 2 ай бұрын

Did importers or whatever you call them explain to Nigerians why the goods they bought at lower rate was bitterly increased bcos the dollars was in the the high rate by the time their goods arrived Nigeria ,My friend the should lick their wound bcos its business

@chidi-lm1tx 2 ай бұрын

Today, the interest rate is 30% tell me if any productive sector can borrow at that rate.

@esemeudoh272 2 ай бұрын

Naira is not the problem but ineffective or insensitive of those governments to stop insurgency

@user-hj9qj4td7q 2 ай бұрын

But when the price are going up. You guys are shouting naira is too expensive to purchase dollar

@rotimikayode1072 2 ай бұрын

You are an ingrate.

@amazinggrace5300 2 ай бұрын

The Naira is already crashing again, losing about N100 to a dollar every day, and the media is still reporting Naira comeback? That is no longer true. Naira is N1,270 to a dollar today and crashing fast!

@G1CFR 2 ай бұрын

Great, honest analysis, well put together.

@victoronwuzuruike5807 2 ай бұрын

If we only we depend on crude oil, we will definitely get back to high rate exchange. Because this magamaga is short term. Unless we get back to production in other sector and fight insecurity. If this are not carried out, we will be back there sooner rather than later.

@chidi-lm1tx 2 ай бұрын

Today, they are defending the Naira, in fact, they are now dictating the price.

@inibechebassey6945 2 ай бұрын

We hope this recoveries reduces prices of goods and services because Nigerians are still suffering. The young man spoke eloquently

@techchoicelimited 2 ай бұрын

very intelligent and data driven analysis

@Debestcrypto 2 ай бұрын

That was greatly analyzed. Now will subsidizing dollar to BDCs be sustainable?

@augustineshokare2570 2 ай бұрын

Yet prices of commodities are rising, pms is now 750

@ritaobiageli4887 2 ай бұрын

Top performance, But when will it start translating to price reduction of Domestic goods and services.

@harrobeulahhephzibah1573 2 ай бұрын

Please, what's the rebound really about if it hasn't reflected positively to prices of commodities in Nigeria? Everything is still very expensive.

@adedoyinlawal5396 2 ай бұрын

I find it difficult to understand the difference between defending the naira under Cardoso and that of Emefiele.

@FofXequalsYnot 2 ай бұрын

Has d naira value gone back to 600naira to $1 before Tinubu government ?😡😒

@oyedepoolaoluwa2429 2 ай бұрын

Buhari and Jonathan should also return it to 80naira per dollar he meet it

@FofXequalsYnot 2 ай бұрын

@@oyedepoolaoluwa2429 🙆🏿‍♂️another Stockholm syndrome sufferer…🤦🏾‍♂️

@oluwaseyipeter4911 2 ай бұрын

You are talking about the fixed rate of #600 with the subsidy?

@EbukaMark-cu1bk 2 ай бұрын

@@oluwaseyipeter4911which subsidy? They still pay subsidy till date, they do that secretly, the present government is the more you look...... Until APC, tinubu led government reverse naira back to #190 they met in 2015, they're joking, after all Buhari promised $1-#1 which never happened upon all the noise in 2014/2015 during campaign, all of are not dumb and fools in this country, I will consider them working when I see dollar to naira below #190 before 2027.

@EbukaMark-cu1bk 2 ай бұрын

@oyedepoolaoluwa2429 these politicians are not representing our interests except few of them, the present day federal government is the more you look..... stop defending them, if you see what their plans and programs for me and you, you will forever hate them, put tribalism aside and begin to think constructively.

@demymichaels 2 ай бұрын

The policy by CBN to continually hike the interest rate has proven to be very effective. Hopefully this is a sustainable move to help the Naira appreciate even further.

@EbukaMark-cu1bk 2 ай бұрын

You brain is upsidedown

@seunbello5641 2 ай бұрын

Sambo and his dumb questions

@musaraji304 2 ай бұрын

This man has spoken absolute nonsense. Yemi Cardoso was appointed after the policy came into effect. There was an acting governor after Emefiele was kicked out, and Yemi Cardoso came in later to meet tye challanges on ground. He met backlogs which he first dealt with, and once those were out of the way, he started the process of recovery. Again this man is speaking absolute nonsense.

@ayoadeleye2711 2 ай бұрын

Floating and speculation.... Nobody has ever explained it in a simple term. Just jagons... Support local production simple

@omorouissa1979 2 ай бұрын

They're unknowingly setting time bomb. People who bought dollars at the rate of 1800 should now fold their hands and walk away just like that. 😡

@user-hj9qj4td7q 2 ай бұрын

What did you say when those people sold the goods they bought for 700 per dollar at 1500? Do they give masses or government the profit?

@hack999casper6 2 ай бұрын

No gains, he met it at N700. There's no gain at N701 period.

@terwasevictorsesugh3902 2 ай бұрын

What about Tinubu's Agriculture revolution? In addition to ramping up of oil production.

@bayofat 2 ай бұрын

Is the rise in the value of naira not temporary and fake?Local production and consumption of home made goods and its exports could provide a more longstanding value to naira. Wait till after Tinubu regime then you can assess Cardoso’s performance.

@olawaleoluyemisi3452 2 ай бұрын

learn something new today: permit me ashawo money!

@taiwoajose3025 2 ай бұрын

I thought he should separate the short term, medium and long-term measures and the context in his analysis otherwise it mixture of strategies.

@DonaldOYewande 2 ай бұрын

Wrong absolute floating has been on hefty re he was appointed. Don’t brake shine out there f his good work. Don’t let Arise witch-hunting derail you. You spoke well already.

@chieduegwim8728 2 ай бұрын

As an economist, we understand that the free hand of market forces of demand & supply will always eventually take dominance. So whatever magic that saw this sudden appreciation of Nigeria's currency is impossible to be sustained in the long term and long run. In fact the boomerang effect is so so dangerous and catastrophic.

@rogbafils3939 2 ай бұрын

The obingo sey he score Cardoso under minus😂😂😂 While trying to sound civil he still managed to expose his love for Emefiele and his reckless policies.

@nwanchamaalu8017 2 ай бұрын

Even with emefiele's recklessness the economy then is much better than now. So what's your argument?

@rogbafils3939 2 ай бұрын

@@nwanchamaalu8017 Tell us what your tribesman Emefiele achieved with ffg policy: 1. Multiple exchange window 2. Confiscation of Naira 3. Currency notes redesign 4. FX grant and waivers to cronies 5. Continuous issuance of BDC licences without justification 6. Non compliance with fund repatriation agreements. Let's not talk about the money he stole cos efcc is handling that one.

@anthonyipogah2156 2 ай бұрын

The obingo na tribal bigot..his not happy with cardosos successes

@onon7687 2 ай бұрын

9:46 What does Goldman Sachs know that we don’t or should know? Let’s stop jumping on what foreigners who don’t apply the Nigerian factor to their textbook analysis.

@olukoredefakorede1422 2 ай бұрын

If Goldman Sachs wrote something bad about the Nigerian economy, I guess you wouldn't type what you typed. We know people like you. You happily embrace negative news, but you scrutinize the positive ones because you are concerned that good news will put the administration you don't like in a good light.

@onon7687 2 ай бұрын

@@olukoredefakorede1422 Please, stay on topic.

@olukoredefakorede1422 2 ай бұрын

@@onon7687 I'm on the topic. All these skepticism because your candidate lost the election. We are waiting for you in 2027.

@future--tv 2 ай бұрын

Oga you are talking nonsense you claim that naira is gaining to dollar are you and your Tinubu that makes the dollar to skyrocket and let me make it clear go to the market and see who you people make things to skyrocket

@ValentineUgochukwu 2 ай бұрын

Yahoo boys should also start billing clients in Naira. We need to strengthen our Naira

@akrikaakrika1474 2 ай бұрын

Why do Nigerians continue to mispronounce the word fiscal. It's completely different from physical. Anyway, the so called appreciation of Naira is not sustainable. The only sustainable measure that would keep Naira stable is productivity in Nigeria. Absent that, we will be seeing this type of temporary knee jerk reactions. It's simple economics, not rocket science.

@josephc.a3942 2 ай бұрын

English should not be our first language anyways.