1$ = 1300 Naira

[pop in]

Just like the shilling the naira is on a free fall

"Daniel Bwala, one of the spokespersons for former Vice President Atiku Abubakar, has expressed concerns that the Nigerian Naira may face a daunting depreciation, possibly reaching an alarming exchange rate of N2,000 to a US dollar before the upcoming Christmas season"

Dollar May Hit N2,000 Before Christmas — Atiku’s Aide Warns As Naira Crashes To N1,310

Daniel Bwala, one of the spokespersons for former Vice President Atiku Abubakar, has expressed concerns that the Nigerian Naira may face a daunting depreciation, possibly reaching an alarming exchange rate of N2,000 to a US

thewhistler.ng

 

[Clemens]

If only we went back to the gold standard.

 

[Young_Turk]

Just like the shilling the naira is on a free fall

View attachment 89245

"Daniel Bwala, one of the spokespersons for former Vice President Atiku Abubakar, has expressed concerns that the Nigerian Naira may face a daunting depreciation, possibly reaching an alarming exchange rate of N2,000 to a US dollar before the upcoming Christmas season"

Dollar May Hit N2,000 Before Christmas — Atiku’s Aide Warns As Naira Crashes To N1,310

Daniel Bwala, one of the spokespersons for former Vice President Atiku Abubakar, has expressed concerns that the Nigerian Naira may face a daunting depreciation, possibly reaching an alarming exchange rate of N2,000 to a US

thewhistler.ng

Kenya next year.

 

[The.Black.Templar]

Btw were are exchanging at the same rate to the dollar as the Japanese yen

 

[Eng'iti]

Btw were are exchanging at the same rate to the dollar as the Japanese yen

Kagege why cant thug thugge stage the shilling like Gov. Njoroge?

 

[Tiiga Waana]

Kagege why cant thug thugge stage the shilling like Gov. Njoroge?

When will Tugeges stop blaming Uhuru for all their failures and inadequacies?
How come no one ever complained of an overvalued shilling?
How come business was booming then while as they are closing and folding up now?

 

[livefire]

In two years time govt won't be able to pay salaries. Things are really thick with no reprieve in sight.

Domestic start ups are suffocating from taxes. A strong dollar and aggressive taxation policy is similarly making import costs untenable. There's literally no money in circulation. There are a few domestic investments that still make sense but KRA is watching so no need sharing... they'll kill those one too. It's as if KRA is competing to retain or make everyone more impoverished than the elite. UDA better rem their presidential promises otherwise it's a one term affair!!!!