Naira strengthens against dollar by 0.32%

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£EARN, TRAIN, START MAKING REAL MONEY IN 3WKS 1 month ago

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Ceekay 1 month ago

Wow, the Naira was the same as the US dollar, l mean one is to one in the late seventies 000

Wow, the Naira was the same as the US dollar, l mean one is to one in the late seventies 000
Mineladder 1 month ago

So what .you people are all criminals..stupid idiot ..akuffo addo is the number one stupid idiot he only thinks of weed stupid fool

So what .you people are all criminals..stupid idiot ..akuffo addo is the number one stupid idiot he only thinks of weed stupid fool
DESMOND 1 month ago

If Kuffuor hadn't redenominated the Cedi by knocking off three zeros, the Cedi today would have been exchanged at 13,000 six hundred Cedis per One Dollar. Nigeria never engage in redenomination ever and so remains in its weak ...
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If Kuffuor hadn't redenominated the Cedi by knocking off three zeros, the Cedi today would have been exchanged at 13,000 six hundred Cedis per One Dollar. Nigeria never engage in redenomination ever and so remains in its weaken state with the Dollar with the three zeros intact. The 13.60 Cedi rate with Dollar is unrealistic and its fake.
Bastie Asantefourhene 1 month ago

If redomination is easy, why don’t you zoo animals do the same ?

If redomination is easy, why don’t you zoo animals do the same ?
GRA 1 month ago

In simple, basic economics, currency re-denomination is never easy and it's not a quick and permanent fix for hyperinflation. Nigeria is wise not to have re-denominated the naira and I doubt they ever will because they see th ...
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In simple, basic economics, currency re-denomination is never easy and it's not a quick and permanent fix for hyperinflation. Nigeria is wise not to have re-denominated the naira and I doubt they ever will because they see the true monetary value or worth of their currency. Re-denomination creates a perception of currency stability..There's actually no real economic change as it is only reactionary and does not address the roof cause of economic instability by just Knocking off three zeros. Add three zeros to whatever the Cedis is exchanging for today against the USD and you'll get the true value of the Cedis. That will be about 13,600 to $1. Now that's a lot to be carrying around for a dollar. Same thing with a bottle of water. Just add three zeros. You however shouldn't have to carry all those bank notes just to buy a drink, and that's one of the reasons those three zeros were knocked off from the Cedis - to create a sense of worth.
Seniorman 1 month ago

Hope the gain is sustained as Air Peace has started landing in the UK hence reducing pressure on foreign exchange being sent out by foreign airlines.

Hope the gain is sustained as Air Peace has started landing in the UK hence reducing pressure on foreign exchange being sent out by foreign airlines.
Laye 1 month ago

Well I think there's something positive happening with the Nigerian economy of late. The currency value is getting strengthened, diesel price has fallen to some level, fuel may likely come down too in the next few weeks all d ...
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Well I think there's something positive happening with the Nigerian economy of late. The currency value is getting strengthened, diesel price has fallen to some level, fuel may likely come down too in the next few weeks all due to the start of production in Dangote refinery. Money for importation of fuel could be save to fund the forex thereby boast the currency value. There's some sense in this approach

Naira strengthens against dollar by 0.32%

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