(Analysis) Naira Plunges To 1,234/$, As Speculators Resume Hoarding
#wike #fubara #riversstate #breakingnews #tinubu #bolaahmedtinubu #kashimshettima #abuja #TVCNews #TVC #News #NaijaNews #NaijaGist #Entertainment #NewsUpdate #BreakingNews #NewsInNigeria #TrendingGists #latestnews #todaynews #BreakingNews #TrendingVideo #KZheadRewind #Trending #Viral #Music #EntertainmentNews #ClimateChange #BusinessNews #SportsNews #AfricaNews #NigerianYouth #NigerianSports #NigeriaEconomy #NigeriaNews
Join this channel to get access to Exclusive Trending News Content:
/ @tvcnewsnigeria
Don't forget to subscribe: bit.ly/35V0PCJ
Watch more interesting videos: bit.ly/3xOHq2f
Follow TVC News On:
Twitter: / tvcnewsng
Instagram: / tvcnewsng
Facebook: / tvcnewsng
Get more news on our website: www.tvcnews.tv/
Download the mobile app
Android: bit.ly/3wYz33U
iPhone: Go to apple store
You can't have a strong Naira ,while you don't produce to export. APC, stop deceiving Nigerians. You can't teach us a new economics 101.
So many Nigerians don't want to see Nigeria. I dislike Tinubu but I still want Nigeria to work.
Mumu people, propaganda cannot overshadow the truth .cos the truth will overcome eventually
And what is the truth?
Meshunu. Vultures against Nigeria
We learn this thing in Economics in the secondary school ooooo. The appreciation of the naira is not as a result of export
@titusisrael8609 Then you went to a bad OLODO school. Export is one of the major mechanisms to strengthening your currency. Let me give examples. 1. When China wanted to fight against dollar. They 1st started producing and exporting. 2ndly they push that thier currency should be on transaction on international trade. Also that doesn't mean that if you don't produce you cannot strength your currency. America after procured Brexit in 1944, they pushed thier money into international trade and every foreign country started buying dollar. 3. When you produce in your country where will you sell it. Is it not through export.
Before celebrating Nairà, we need to know the forces pushing it down in the first place. It's not sustainable
The fact that majority of people have positive sentiments to the Naira fall is disturbing
The only solution is to reverse the policy on floating the naira, when Nigeria relies on import, the naira will keep plummeting, all those crackdowns won't solve anything.
Tinubunomics is voodoo economics. Where's the production/export to support the FX earnings?😂😂😂. Dey play
Always talking about other people. Pls profer your solution like the lady asked you. Stop the propaganda, it does not work. Is managed floating not floating? What are we producing or exporting to earn forex ? Move from being the government spokesperson to a good journalist
Babajide was here gaslighting Nigerians when it was said that the naira reduction is not sustainable bcos APC is doing vodoo economics. He will keep explaining and explaining for this govt till he gets tired.
One politician stole 700000 dollar plus and gave it BDC for school fees. They should go after the polithievcians if they are really serious.
Nigeria govt should create a crypto exchange platform. Like that they can regulate everything.
The commercial banks and people in government are the biggest speculators!! Dollar will rise except the Nigerian government is ready to do the needful, heads should roll😂😂
Ok no problem go to coin marketcap and close Down all the crypto companies in the world because you don't know how to safe your currencies. MUGU!!!!!!!!!
Coming from someone who can't spell save
Oga the dollar is still on the high side
The people that are suppose to provide solution are also complaining about the problem. Governance is all about providing solutions to problem. Who are those hoarding the dollars? What can be done to stop them from hoarding?
Good day, gentlemen of TVC. Just to bring you in the know that even in the US, EU, et al, there are crypto traders using binance and other platforms, but these distractions do not stop the progress of their economy nor the amount of their fx reserves. Crypto patronising is not the problem.
You know nothing currently the uk has stopped crypto operations on several apps like PayPal luno and so many others not long ago Australia banned so many crypto app companies including binance
What an ignorance. How many countries have ban Binance in there country
Nigeria's economy is in a violate state right now and the CBN needs to make the right intervention to help stabilise the naira. And the functionality of Crypto is hindering our progress unfortunately at this point in time.
Naira cannot turn to tissue paper please take steps to save the country currency
Exactly. I am personally ashamed & pained for my nation..! So sad & shameful. The lack of patriotism for ones own country Nigeria is contagious n just so total..! Bleeding the country. Stripping it off any limited value..!!
Jide your empty vessel talking out of point
Good time please Sir I watch your program and I have never you talking about Grant and I all ways and believe in you all what I hear here is true and nothing but the truth so please help us we masses we are in the hand of this Grant handles please we want you people to come to our adi to save us from them Sir Innocent masses are dieing due to their fake promise
Mumu Tinubu people 😂 You go explain tire. Clowns When Naira gets to 2000 to dollar, we shall see what rubbish you will say.
😅😅😅😅😅😅
Enemy of the nation progress
@@matthewoduneye6079 dont mind the devils... its always them ooo
I find their Analysis inexperienced. Bring a Financial expert. Any dummy conversant with the Forex Market knew the Naira was approaching a strong Support Level. Resistance and Consolidations are meant to happen for sometime as the Naira gains momentum to continue bearish or go Bullish
Sir what we want to know is this grant of a thing is it real or scam
Grant that over 100,000 Nigerians have collected
Ignorance on display. What does political journalists know about the dynamics of the FX market ?
I can't love this Analysts less. You are better than Arise
TVC has a long way to match Arise
How?
@@osamedennadi6309as journalism... how can the Naira strengthen be sustainable when we are not productive ...
You guys thinks to building economy is easy like propaganda
Aboki Cardoso to the rescue 😊
Look down the comment section, the enemies of Nigeria are happy because the naira fell a bit, they where all silent when the naira rose, Nigeria is great and will remain greate ,haters wail as much as u want. We trust Tinubu and his administration, ❤
BRo they were quiet because the reduction didnt add up. Let become Productive and naturally it would come down. Let's Nigeria be great but not via propaganda.
Double standard and hypocrisy is the reason Nigeria cannot work. I wonder why Yorubas tagged everyone not in support of Tinubu as the enemy of Nigeria. So you mean to say Yorubas where enemies of Nigeria too when they were criticizing good luck Jonathan? Yorubas and hypocrisy, double standard and running away from the truth are like Siamese twins.
Mumu voodoo economist, without 24/7 electricity to boost industrial production for export and a strong policy of bank lending to smaller businesses and startups to increase naira consumption, tinubu can go around the world with his green and white almajiri bowl 🥣 to beg for money or borrow, naira will still reach 2000 or more. You can blame everybody except yourselves you go explain Taya.
Jide your empty vessel talking out of point