Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,973 members, 7,810,701 topics. Date: Saturday, 27 April 2024 at 01:37 PM

FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA (333 Views)

Naira Depreciates To ₦‎1,300/$ In Official Market / UBA Publishes Details Of Forex Defaulters / Nigeria Running Out Of FOREX – John Campbell, Ex-US Ambassador (2) (3) (4)

(1) (Reply) (Go Down)

FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Russi: 5:48am On Mar 29
I have been very happy to see the dollar weaken against the naira. However, after a lot of research and analysis, it is clear that media houses have been paid to spin the news. Specifically Legit.ng, The Nation Newspaper, TVC. You will hear DAILY SHARP HEADLINES such as Naira Jumps. Naira flies higer, Dollar collapses, Dollar drops rapidly etc etc ..... Its is obviouly media campaign which is great.

Can any one else see this media propaganda?

Drop any pattern or titles you have noticed


I've observed with interest the recent reports highlighting the naira's strengthening against the dollar. Yet, upon closer inspection and analysis, it seems that certain narratives might not be entirely spontaneous but rather part of a concerted media effort. Notably, platforms like Legit.ng, The Nation Newspaper, and TVC have featured headlines that might suggest an overly optimistic view on the currency situation. Phrases like "Naira Jumps," "Naira flies higher," "Dollar collapses," and "Dollar drops rapidly" seem to frequently headline their financial news sections.

This pattern of reporting raises questions about the potential orchestration behind these narratives, suggesting a media campaign aimed at painting a certain picture of the economic situation. It's intriguing to consider the dynamics at play and whether these media messages are fully reflective of the market realities or if they lean towards a form of media propaganda.

Has anyone else noticed similar patterns or headlines in their news consumption? I'm curious to hear about any specific titles or recurring themes you've come across that might align with this observation.

I have added examples from one notorious blogger:

I can't browse the internet or access live web pages, so I'm unable to verify or interact with the provided links directly. However, I can organize the links you've given into a list for you:

1. "Currency Dealers Quote Rates as Dollar Crashes to Naira in Markets" - [Read more](https://www.legit.ng/business-economy/economy/1585640-currency-dealers-quote-rates-dollar-crashes-naira-markets/) grin

2. "Good News for Nigerians as International Airline Sells Cheap Tickets as Naira Gains" - [Read more](https://www.legit.ng/business-economy/industry/1585507-good-news-nigerians-international-airline-sells-cheap-tickets-naira-gain/)

3. "Dollar Crashes Against Naira as Binance, CBN Orders BDCs to Sell USD to Nigerians at Cheap Rate" - [Read more](https://www.legit.ng/business-economy/economy/1581112-dollar-crashes-naira-binance-cbn-orders-bdcs-sell-usd-nigerians-cheap-rate/)

4. "Naira Bounces Back, Appreciates Against Dollar in Official Market" - [Read more](https://www.legit.ng/business-economy/money/1579141-naira-bounces-appreciates-dollar-official-market/)

5. "Naira Appreciates Against Dollar in Official and Black Markets" - [Read more](https://www.legit.ng/business-economy/money/1583873-naira-appreciates-dollar-official-black-markets/) grin

6. "Naira Falls to a Record Against Dollar in Official and Black Markets" - [Read more](https://www.legit.ng/business-economy/money/1579844-naira-falls-a-record-dollar-official-black-markets/)

7. "Nigerian Man Cries After Using N100k to Buy Dollars Before Converting to Pounds, Shares Outcome" - [Read more](https://www.legit.ng/people/1580661-nigerian-man-cries-using-n100k-buy-dollars-converting-pounds-shares-outcome/)

8. "Breaking: Naira to Hit N1600 as CBN Sets Dollar Exchange Rate for Import Duty" - [Read more](https://www.legit.ng/business-economy/money/1578998-breaking-naira-hit-n1600-cbn-sets-dollar-exchange-rate-import-duty/)

9. "Naira Increases Against Dollar in Official Market" - [Read more](https://www.legit.ng/business-economy/money/1577306-naira-increases-dollar-official-market/)


...THIS IS A PAID JOB BY NIGERIAN GOVERNEMNT TO HELP THE CURRNCY....I LOVE IT.... GREAT IDEA....WHAT DO YOU ALL THINK?..... THERE ARE MANY OTHER EXAMPLES


HMMMMMM

grin grin

2 Likes

Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by helinues: 5:51am On Mar 29
It be like something terrible would happen to some people should Incase Naira regained her strength back.

Naira will regain strength, we go see wetin go happen to those people

3 Likes 1 Share

Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by socialmediaman: 5:59am On Mar 29
Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by ObiORBiafra: 6:24am On Mar 29
Your research is not about the actual price, your research doesn't result in any price difference so what's your research and conclusion effect on dollar or naira?
Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Unittyy: 6:25am On Mar 29
🚀 Unleash the power of Celia's Phase One KYC! 🌟 Elevate your crypto journey and be part of the movement reshaping Africa's financial landscape. 🌍✨ KYC done, vibes on! Spread the word, invite your crew, and let's soar together! 🚀 Sign up using my Referral Code: JDVD7JOCLT #CeliaKYC #Celia #JoinCelia https://celia.finance/register?referral_code=JDVD7JOCLT
Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Ofunaofu: 6:59am On Mar 29
helinues:
It be like something terrible would happen to some people should Incase Naira regained her strength back.

Naira will regain strength, we go see wetin go happen to those people

Naira regaining her strength is good for the nation.

What is bad for the nation is the outright propaganda being churned out on a daily basis by the Tinubu government. 

And I chose to call it the propaganda of failure. 

If things are working and Tinubu is performing wonders, it will reflect on the lives of the people. He doesn't need to peddle lies, falsehoods, or propaganda.


Never in the history of this nation has our currency lost over 100 percent of its value in under eight months.
Buhari handed over to Tinubu at N760 to a dollar. Tinubu, under eight months through his thoughtless economic policies, crashed it to the extent that the naira almost became worthless, exchanging over N1900 for a dollar, and then began to appreciate marginally to the current price it is today.
Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by helinues: 7:02am On Mar 29
Ofunaofu:


Naira regaining her strength is good for the nation.

What is bad for the nation is the outright propaganda being churned out on a daily basis by the Tinubu government. 

And I chose to call it the propaganda of failure. 

If things are working and Tinubu is performing wonders, it will reflect on the lives of the people. He doesn't need to peddle lies, falsehoods, or propaganda.


Never in the history of this nation has our currency lost over 100 percent of its value in under eight months.
Buhari handed over to Tinubu at N760 to a dollar. Tinubu, under eight months through his thoughtless economic policies, crashed it to the extent that the naira almost became worthless, exchanging over N1900 for a dollar, and then began to appreciate marginally to the current price it is today. 

For how long would you people continuing repeating una self . Are the Apc supporters buying things at different price in Nigeria?

Abeg make una stop this unnecessary opposition
Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Ofunaofu: 7:11am On Mar 29
helinues:


For how long would you people continuing repeating una self . Are the Apc supporters buying things at different price in Nigeria?

Abeg make una stop this unnecessary opposition

Of course, APC supporters aren't buying things at different markets, but what is bad about them, of which you are one, is that when they buy costly things and lament bitterly offline, they come online to spread outright lies, falsehoods, and propaganda.

1 Like

Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Feldie: 8:56am On Mar 29
This is propaganda?

Re: FOREX And Politics, The Politics Of FOREX $1= 1,300 Is PROPAGANDA by Russi: 9:34am On Mar 29
Yep, some market makers who have sold at highs.... are now using propaganda to make people sell dollars while they buy back into the market....... They will then press media buttons again and TAKE Naira to 2K/$1 and will continue until they are tired

We need real things in economy not just hype. The News Bites are now obvious


I will save in dollars when cash enters hand

Feldie:
This is propaganda?




Feldie:
This is propaganda?

(1) (Reply)

Brand Your Corporate Identity With The 21st Century Metal Identity Card!!! / Guarantee Loan Offer Apply Now / How To Get A Quick Investment Business Capital

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.