IMF Concerned With Nigeria USD Bond - Ajibola Tobi-Osho
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- เผยแพร่เมื่อ 12 พ.ค. 2024
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brilliant analysis
She was asked to say positive things about the economy.
You can read her body language. Which way 🇳🇬 ?
Very sound lady,respect 👌
She sounds tensed. She'll get better
Lol!!! Lol!!! Lol!!! Naija!
Devaluation of the Naira...was a very Risky Policy. Nigeria is YET to increase Productivity. While the national Currency has been devalued.
The Naira has resumed its Decline Trajectory...again. I repeat if the Naira is not brought at least below 1000Ngn to 1Usd by October this Year, Many Multinational Companies will exit Nigeria come 2025. As they cant continue to operate at Lost. Because the last Year devaluation of the Naira divided their Profits into 4. I am not sure if they will be so much in love with Nigeria to the extent of incurring a similar Lost they experienced 2023/4.
The solution is to stop domiciliary accounts the dollars in those accounts in Nigeria can solve forex problems temporary diaspora dollar bonds will put seriously problems to naira because everybody will buy dollars and key to it
Because you have no domiciliary account. This you trash suggestion is reckless.
why would diasporans buy #Nigeria issued usd bond#. Its dumb to buy such. Why? Because interest rate is high in western countries at least 4%. It appears just to be a scam to take diasporans money Nothing stops the *vagabond* government from issuing your payments in naira.
Nigeria would pay close to 10 percent or more.
@@cryptoslides6858
and what of the risk of Nigeria defaulting or paying back its "citizens" in Naira. This scenerio is not impossible, I believe Ghana defaulted. It's folly to incest in such. Such a government will only squander the proceed on the various #arms# of government.
Africa decolonize your economies and be free for economies problem.
Naira is a failed currency hence no right thing investor