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SEE The Nigerian Naira's Exchange Rate To The Dollar As At Today / Brief History Of The Fall Of The Nigerian Naira / Nigerian Naira Or Ghanaian Cedi Which Is Stronger? (2) (3) (4)
Re: Nigerian Naira And Its Value by Hgold(m): 11:51pm On Oct 09, 2013 |
Wetin concern me |
Re: Nigerian Naira And Its Value by Afam4eva(m): 11:51pm On Oct 09, 2013 |
Eze Promoe: It would thus look like comedy when I tell some kids here that I once bought a basin of garri for N5 around 1990Nwanna, has anyone told you that this your font and the color dey blind eyes. I just came back from the optician. Na god save me. 2 Likes |
Re: Nigerian Naira And Its Value by trolling(m): 11:59pm On Oct 09, 2013 |
greatgod2012: Devaluation of our currency is one of the major steps to take to regain the value of our naira.shey u no dey get econs teacher when u dey school....u r so clueless as to why currencies are devalued |
Re: Nigerian Naira And Its Value by manny4life(m): 12:11am On Oct 10, 2013 |
greatgod2012: Devaluation of our currency is one of the major steps to take to regain the value of our naira. Really? How so? Please explain |
Re: Nigerian Naira And Its Value by lorddarshwood(m): 12:21am On Oct 10, 2013 |
ichommy: He dey waka come back from night club after him don blow 1million ontop woman(singing sound sultan song)I spend my money everyday on top of woman. When a gun man dies ; we shoot all night, When a drunkard dies ; we drink all night, When a Christian dies ; we pray all night.... erm,... What if a prostitute dies..., wat follows |
Re: Nigerian Naira And Its Value by EzePromoe: 12:30am On Oct 10, 2013 |
Afam4eva:I thank God for you. Old men suppose dey read newspaper, no be to come strain their eyes for internet. SIGNS OF OLD AGE |
Re: Nigerian Naira And Its Value by msogey(f): 12:55am On Oct 10, 2013 |
You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. |
Re: Nigerian Naira And Its Value by spikesC(m): 1:01am On Oct 10, 2013 |
ms_ogey: You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. Wrong thread, definitely BTW, whats wrong with requesting for a pack of durex in public? What's with the codedly expected attitude? A grown up guy for that matter Condoms are adviced and advertised publicly. W.H.O gives out cartons of it. Stop being archaic 3 Likes |
Re: Nigerian Naira And Its Value by manny4life(m): 1:04am On Oct 10, 2013 |
^^^ I have to disagree with you, I use discretion by ordering from Amazon.com |
Re: Nigerian Naira And Its Value by honorsam(m): 1:18am On Oct 10, 2013 |
Though the naira has had a really bad past which could be attributed to corruption and bad leadership,but it has been showing some improvement and stability lately.What we need is a strong economy which in turn translates to a stable currency.A country's currency is not determined by the strength of its economy alone,thus,relating a country's currency to another at a static period of time is meaningless,the both currencies should be watched over time to come to the conclusion of which is of higher value.Purchasing power and the change in value over time is a very nice indicator to that effect.It is totally wrong to say that the Ghana Cedi for example which exchanges GHS1 for #70 is of higher value than the naira. All hands must be on deck to keep it from falling anymore. 2 Likes |
Re: Nigerian Naira And Its Value by honorsam(m): 1:20am On Oct 10, 2013 |
ms_ogey: You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn.and how does this affect the value of naira |
Re: Nigerian Naira And Its Value by honorsam(m): 1:24am On Oct 10, 2013 |
sкчscrαρεr™:naira is worth more than the Cedi bro.. |
Re: Nigerian Naira And Its Value by Nobody: 1:31am On Oct 10, 2013 |
The naira should certainly be strengthened because Naija isn't yet a major manufacturing country. Countries such as China and Japan only devalued their currencies because they had a surplus of manufactured goods, and had to make their exports cheaper in the int'l market. 1 Like |
Re: Nigerian Naira And Its Value by sholay2011(m): 1:37am On Oct 10, 2013 |
Hmmmmm. I like this thread; but it should have been preferably started by a more knowledgeable person (probably an economist ) that would elucidate on the causes of the devaluation of the naira and ways this trend could be reversed. And not that nairalanders would barge in as usual shouting "corruption" and "GEJ" as the direct causes of this menace. I don't mean to berate the effort of the OP (kudos instead; at least this is better than Tonto Dike threads ) but this is a very sensitive issue that if well-discussed, may spur young minds to go into entrepreneurship where production is increased and eventually, exports would exceed imports and Nigeria would have comparative advantage in many products. Kudos to those that have shared the little they know with us on this thread. Naija has no choice than to get better! 2 Likes |
Re: Nigerian Naira And Its Value by Chrisabig(m): 2:06am On Oct 10, 2013 |
moshino: 1 Like
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Re: Nigerian Naira And Its Value by wine4dguy: 2:38am On Oct 10, 2013 |
whoever is deceiving Nigerians (nairalanders) that the Ghana cedis is better than the naira is telling a BIG LIE check your economics well.. |
Re: Nigerian Naira And Its Value by eightsin(m): 3:39am On Oct 10, 2013 |
There was a time (i think last year) i almost thought Nigeria has started using dollars because every project and contract were being awarded in dollars n nt Naira on TV n newspapers. I also think Sanusi some time last week said our Bureau de change are purchasing too much dollars without proper documentation. |
Re: Nigerian Naira And Its Value by hrhobi1(m): 4:55am On Oct 10, 2013 |
Oya everybody. Arise O compatriots, Nigeria's call obey , Oya continue, its a new day go out and grab all the naira u can no time for conversion talks. |
Re: Nigerian Naira And Its Value by Exponental(m): 5:33am On Oct 10, 2013 |
New notes and value are 2 different independent factors about d currency. |
Re: Nigerian Naira And Its Value by PassingShot(m): 5:38am On Oct 10, 2013 |
shegsrules: Ask ibb, cus na tenure our money drop value Yes, IBB contributed to the downward trend of Nigerian economy but it started way before his time. I say ask Shagari. It was in the 2nd Republic that the trouble dtarted. A simple reaserch will help here bros. |
Re: Nigerian Naira And Its Value by Nobody: 6:17am On Oct 10, 2013 |
ojdollars:FYI, those dailies, often come to nairaland to get "bits" for their stories and editorials! (The nice ones do quote) others just say "independent sources, who don't want their name in print" @topic, I believe a strong currency is dependent on "how plenty you dey sell, and how small you dey buy" CBN, september don pass o, what are these polymers still doing here? |
Re: Nigerian Naira And Its Value by crackhaus: 6:17am On Oct 10, 2013 |
moshino:You try sha |
Re: Nigerian Naira And Its Value by atpet(m): 6:19am On Oct 10, 2013 |
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Re: Nigerian Naira And Its Value by sCun: 7:04am On Oct 10, 2013 |
honorsam: naira is worth more than the Cedi bro..Leave the guy, he probably hasn't heard of redenomination. People just spread ignorance here. |
Re: Nigerian Naira And Its Value by dadamuyiwa: 7:38am On Oct 10, 2013 |
Tell your leaders to start trading crude oil in Naira instead of Dollar. Dubai, Oman,Abu Dhabi etc are doing it and has made these small emirates currencies higher than dollar in value. |
Re: Nigerian Naira And Its Value by Youngmon3Y(m): 7:52am On Oct 10, 2013 |
moschino said it all,revolution hanging at d korner,when$who is to lead us |
Re: Nigerian Naira And Its Value by zolajpower: 8:06am On Oct 10, 2013 |
ms_ogey: You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn. You are very silly. Smh. That's how I was at d supermarket today to buy some hair products and while at the counter, d guy infront of me requested a pack of durex. He didn't even do it codedly. I just looked at the guy with scorn.when u are high wth a lot of kwale wee... Dis is wht u get going of key when odas are going d rite way. Wetin concern durex wth devaluation of our currency thread? |
Re: Nigerian Naira And Its Value by Chinwem(f): 8:09am On Oct 10, 2013 |
aguiyi: seriously, op This is a forum not a primary 1 classroom . The Op is not required to 'say anything' but bring up a topic that generates a discussion with like minds and not sit people down and spoon feed their urge for didactic learning. |
Re: Nigerian Naira And Its Value by Abbey2sam(m): 8:34am On Oct 10, 2013 |
amaboss: From time to time, new Naira notes are pumped into the economy, billions of money spent to improve the face of the Naira notes but little attention paid to how to improve the value of the Naira notes. Someone said "Beauty comes from within." The real beauty of the Naira note is not gotten from improving the face. You treasure what you value, so long as the Naira is not valued, new notes will be pumped to persuade people to treasure it. And this made the front page, The op didn't say anything reasonable or what we don't already know 1 Like |
Re: Nigerian Naira And Its Value by Lawrence14: 8:47am On Oct 10, 2013 |
hmmmm.......... d damage is done already.its up 2 dem 2 change d course of deir game. |
Re: Nigerian Naira And Its Value by patostation(m): 8:50am On Oct 10, 2013 |
At least the Naira is still better than the Zimbabwean Dollar. 1USD = Zim Dollars 5,000; bottle of coke = 0.5 Million Zim Dollars. In Mugabe's Zimbabwe, everyone is a millionaire. 1 Like |
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