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Nairaland Forum / Nairaland / General / Business / Naira Falls To 325 On Dollar Shortage -punch (24020 Views)
Unbelievable!!! Naira Falls To N485/$1, N600/£1 / Naira Falls Against US Dollar / Naira Falls To N370 Per Dollar (2) (3) (4)
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Re: Naira Falls To 325 On Dollar Shortage -punch by ksstroud: 6:45pm On Feb 12, 2016 |
Serious Issue 2 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by Nobody: 6:46pm On Feb 12, 2016 |
ZombieNation:Lol. He would have to fly to either New Hampshire or California to do a gay-porn shoot... 1 Like 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by bastien: 6:46pm On Feb 12, 2016 |
OK |
Re: Naira Falls To 325 On Dollar Shortage -punch by Emeskhalifa(m): 6:47pm On Feb 12, 2016 |
PMB wch way na is this the change we were promised 3 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by funmilade4real(m): 6:47pm On Feb 12, 2016 |
Unless crude oil goes back to 100+ per barrel Prepare for harder times 2 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by Abukc(m): 6:49pm On Feb 12, 2016 |
ZombieNation:. You have said it all.pomm. 7 Likes 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by Zico5(m): 6:51pm On Feb 12, 2016 |
Good, heard someone keeps millions of dollars in septic tank same way some pension thieves kept billions of naira in overhead thank. Meanwhile, some will continue to read Psalm from beginning to the end While traveling on Nigeria roads, hire vigilante and Mopol with constant touch with their spiritual consultant simply because people they support on Social Media refused to do what they are meant to do in office. I pity una no be small. |
Re: Naira Falls To 325 On Dollar Shortage -punch by herald9: 6:51pm On Feb 12, 2016 |
The Dollar has been giving you multiple knockouts, yet you no wan give up... Which kind wrestler are you? Why not go find a smaller opponents ni? |
Re: Naira Falls To 325 On Dollar Shortage -punch by kay29000(m): 6:51pm On Feb 12, 2016 |
And yet, when I want to collect my Google Adsense earnings, GT Bank still coverts my dollar at the rate of 197...this news doesn't mean ish to me. 5 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by pastormellanby: 6:51pm On Feb 12, 2016 |
so APC is responsible for falling naira, may be u no go school, you don't know anything about economics, keep shut if you don't know I see illiteracy of the highest order. useless youths 1 Like |
Re: Naira Falls To 325 On Dollar Shortage -punch by PoliticalThuG(m): 6:52pm On Feb 12, 2016 |
Buhari is a badluck 9 Likes 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by Joeace3000(m): 6:53pm On Feb 12, 2016 |
Even though its wrong for anyone to see good here.. We fiverr sellers can only take hold of the opportunity because i am sure its not gonna remain like this for long |
Re: Naira Falls To 325 On Dollar Shortage -punch by mrkings84(m): 6:54pm On Feb 12, 2016 |
Soon, if kia is no taken we will be measuring naira in Ghana must go per dollar. I know it's gej fault! |
Re: Naira Falls To 325 On Dollar Shortage -punch by Baroba(m): 6:56pm On Feb 12, 2016 |
IVORY2009: If na pounds you for don dey change by now, ££ just hit 425 this morning.. 1 Like |
Re: Naira Falls To 325 On Dollar Shortage -punch by OLADD: 6:59pm On Feb 12, 2016 |
toms55:. Swear by your name that you proffered solution to the last administration the same way you're soliciting for it now. For your information, those who sow wind would definitely reap whirlwind. 11 Likes 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by toms55(m): 7:03pm On Feb 12, 2016 |
OLADD:how much was oil then, and how much is it now? How much was embezzled then and how many people are under investigations now? Countless Nigerian foresaw drop in Oil prices in past years, did Mr President adhere? Answer my questions and I'll concur to your claim |
Re: Naira Falls To 325 On Dollar Shortage -punch by annonygh(m): 7:04pm On Feb 12, 2016 |
Joeace3000: Hello, Please how can I get the video training you have for both the graphic designs and Article write-up for Fiverr? Kind regards. |
Re: Naira Falls To 325 On Dollar Shortage -punch by Mcteeblack: 7:06pm On Feb 12, 2016 |
toms55:I strongly believe that my brother, must of the people making comments here are just saying it from their own view. So don't blame them cos they know just little when it comes to economic growth. Tho fuel price has fallen down and datz wat we depends on as a Nation but to me I think alternative ways should have been in place before stopping forex trade. We has a Nation want to be like the developed countries but we not making the efforts they have put in place before reaching there. A lots to say but lemme just stop here. BLAME NO ONE BUT WORK TOGETHER TO MAKE NIGERIA GREAT AGAIN. |
Re: Naira Falls To 325 On Dollar Shortage -punch by Nobody: 7:06pm On Feb 12, 2016 |
ZombieNation:bros u too much, intact super too much abeg make God bless u 6 Likes 2 Shares |
Re: Naira Falls To 325 On Dollar Shortage -punch by Nobody: 7:07pm On Feb 12, 2016 |
Sai BaBa 1 Like 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by Joeace3000(m): 7:10pm On Feb 12, 2016 |
annonygh: Okay head to our website at Brilliantlightsmedia Training Services Please take time to review the content because they are much so i would advice you to be sure you can handle both services so you don't suffer information overload. If you need more information.. Holla me on whatsapp on my number on my signature. |
Re: Naira Falls To 325 On Dollar Shortage -punch by OLADD: 7:11pm On Feb 12, 2016 |
Adminisher: Since more than 70% of the people that constitute the APC today are former PDP decampees, then can we say Buhari's govt is technically doomed? 12 Likes 2 Shares |
Re: Naira Falls To 325 On Dollar Shortage -punch by danidee10(m): 7:15pm On Feb 12, 2016 |
ZombieNation: U wicked o 3 Likes 1 Share |
Re: Naira Falls To 325 On Dollar Shortage -punch by danidee10(m): 7:18pm On Feb 12, 2016 |
What still baffles me is why we import refined crude....if we fix those refineries it will save us a lot of $ |
Re: Naira Falls To 325 On Dollar Shortage -punch by godoluwa(m): 7:21pm On Feb 12, 2016 |
toms55:refusal to devalue it will makes everything worst. fall in oil price is not the major thing that makes naira weak but its shortage. the best idea is to devalue naira & ban importation of foodstuff & items that we can produce here e.g frozen foods, rice etc. when you go round the town now, the price of all essential needs is nothing to write about. items like mobile phone, papers, & all electronic gadgets is on the high side. i cant export anything now & withdraw my money in nigeria, instead i will prefer to withdraw my money in ghana, togo or benin republic & exchange it for profit in Nigeria 2 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by godoluwa(m): 7:22pm On Feb 12, 2016 |
toms55:the major problem here is the law of demand & supply. when theres no supply & the demand is on the high side, expect inflation. A friend of mine fund a foreign betting account & his bank charged him 420naira per 1pound but after making profit, he withdraw back to his 9ja account but his bank paid him at official rate of 278naira per 1pound. the guy actually withdraw 400GBP which means he lost 133naira on each pounds, now 133 X 400 = ? mind you, any withdrawal from foriegn lands to 9ja add up to our foreign reserves. b4 we preach patronize local product, buhari daughter skul abroad, |
Re: Naira Falls To 325 On Dollar Shortage -punch by uyplus(m): 7:24pm On Feb 12, 2016 |
Only genuine importers of raw materials for manufacturing industries get the dollar at interbank rate while ediots who wanna import palm oil, bottle, toothpick, tomato paste and other finished goods that can be manufactured comfortably here will get it at that BDC rate. It's simple. Use made in Nigeria products so you don't demand for dollars. If you wanna pay your fees for school, CBN gives it at interbank rate. I don't see anything wrong with the new forex rule o. I work for an indigenous pharmaceutical firm that manufacturer's locally and I can boldly say that this buhari led government is favoring local manufacturers so much. My sales has risen so much because the reliance on imported finished drugs is reducing. The finished products end up coming into the market at a cost higher than ours because of the custom tax on finished products and the dollars they get from greedy BDC outlets. Take a chill pill Abeg. 3 Likes |
Re: Naira Falls To 325 On Dollar Shortage -punch by OsamedeHazard10(m): 7:25pm On Feb 12, 2016 |
Naira going down like Chelsea 1 Like |
Re: Naira Falls To 325 On Dollar Shortage -punch by sweetlaw: 7:26pm On Feb 12, 2016 |
Blood of God! Hmmmmmmm I wonder how he will turn it to a dollar to one Naira. In fact, I just dey lauch 1 Like |
Re: Naira Falls To 325 On Dollar Shortage -punch by Marshallian(m): 7:27pm On Feb 12, 2016 |
That's dangerous. .. but still ok
Waiting for N1,000 = $1 den we'll know we are extremely underdeveloped 1 Like |
Re: Naira Falls To 325 On Dollar Shortage -punch by ngmgeek(m): 7:29pm On Feb 12, 2016 |
ZombieNation: Technically, we are still dancing to the tune of this song called 'Change' Technically, CBN has not banned the Use of Dollars For Overseas Fees And Medical Bills. http://naijasquare.com/threads/cbn-bans-use-of-us-dollars-for-overseas-fees-medical-bills.48/ 2 Likes
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