Home » Celebrity News » The Naira To Dollar Exchange Rate Would Be N900 To $1 By December – Ugezu Ugezu

The Naira To Dollar Exchange Rate Would Be N900 To $1 By December – Ugezu Ugezu

Ugezu Ugezu

Ugezu Ugezu

Nollywood filmmaker, Ugezu Ugezu has come out to react to the alarming Naira to Dollar exchange rate.

He recently had his say via his social media page, and Nigerians have been reacting.

According to him, the Dollar to Naira exchange rate being at N523 to $1 is a complete shame, and it proves that Nigeria has been destroyed.

He added that by December 2021, he expects the exchange rate to actually be at N900 to $1.

What do you think?

Nollywood is a sobriquet that originally referred to the Nigerian film industry. The origin of the term dates back to the early 2000s, traced to an article in The New York Times. Due to the history of evolving meanings and contexts, there is no clear or agreed-upon definition for the term, which has made it a subject to several controversies.

The origin of the term “Nollywood” remains unclear; Jonathan Haynes traced the earliest usage of the word to a 2002 article by Matt Steinglass in the New York Times, where it was used to describe Nigerian cinema.

Charles Igwe noted that Norimitsu Onishi also used the name in a September 2002 article he wrote for the New York Times. The term continues to be used in the media to refer to the Nigerian film industry, with its definition later assumed to be a portmanteau of the words “Nigeria” and “Hollywood”, the American major film hub.

Film-making in Nigeria is divided largely along regional, and marginally ethnic and religious lines. Thus, there are distinct film industries – each seeking to portray the concern of the particular section and ethnicity it represents. However, there is the English-language film industry which is a melting pot for filmmaking and filmmakers from most of the regional industries.


Follow NaijaVibe


NaijaVibe HoT DOWNLOAD
👇

DJ STiphBami – Beats and Juice (BJ 2021)


TareeQ – Medicine


NaijaVibe

Leave a Reply

Your email address will not be published. Required fields are marked *

*