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Nairaland Forum / Nairaland / General / Business / Naira Slides Further As Demand Outweigh Supply (17921 Views)
Naira Slides To 405/$ Amid Tight Dollar Supply / Naira Appreciates As Demand For Dollar Gets Low / Banks In Competitive Forex Trading As Demand For School Fees, Others Shrink (2) (3) (4)
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Re: Naira Slides Further As Demand Outweigh Supply by uzolexis(f): 10:35am On Sep 28, 2016 |
harrybarn: Please stop talking rubbish here, that is our problem , pray pray pray and no action, You want God to come down from heaven abi, why do you think he gave us a brain to think and act. The most religious countries are the poorest and the least religious countries are the most developed. 1 Like |
Re: Naira Slides Further As Demand Outweigh Supply by pretty16(f): 10:47am On Sep 28, 2016 |
I will not be surprised if they say naira is 1000 to a dollar. Na only God go help us. |
Re: Naira Slides Further As Demand Outweigh Supply by onatisi(m): 10:56am On Sep 28, 2016 |
queencalipso:
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Re: Naira Slides Further As Demand Outweigh Supply by proeast(m): 11:32am On Sep 28, 2016 |
At this point, Saving money in banks through fixed deposits, savings account, Treasury Bills, Fgn Bonds or any form of giving out loans now is the worst thing any Nigerian can do!! For me its either I stock up on goods, fixed assets or MMM. This is a combo of hyper and galloping inflation, Nigeria is speeding at 200km per hour on the highway to Zimbabwe!! Nigeria had failed politically & structurally but the moment we fail economically, we are doomed!!! I forsee crises of unprecedented proportions, a country of 180 million hungry and idle people is nothing but a ticking time bomb!!! |
Re: Naira Slides Further As Demand Outweigh Supply by erico2k2(m): 12:01pm On Sep 28, 2016 |
lookmangiw:You are not far from the truth you know. |
Re: Naira Slides Further As Demand Outweigh Supply by aleshsenior2000(m): 12:28pm On Sep 28, 2016 |
[quote author=onatisi post=49739329][/quote] I heard in the news this morning that Former. President Olusegun said the best way out of recession is to borrow money from abroad. Now, Prophet Onatisi. Do you think borrowing will solve the problem? Or the way out of recession is to borrow? |
Re: Naira Slides Further As Demand Outweigh Supply by erico2k2(m): 12:51pm On Sep 28, 2016 |
soletar:Well people back home should put thier thinking cap on and start earning g forex view export.even if it's chewing stick. |
Re: Naira Slides Further As Demand Outweigh Supply by harrybarn: 3:52pm On Sep 28, 2016 |
uzolexis:Sir, how much help has your much THINKING offered and your intellectual actions and that of all our leaders done in bringing the much expected change. Which of you by taking thought can add ONE CUBIT unto his stature (Matt 6:27). I don't know about your spiritual stand but the problem of people like you is that even though you know God that His counsel is the best yet you betray that by your so called 'ACTIONS'. God is not going to come down from heaven to do this, yes you are right; infact He have never done that. He has always needed someone to stand up for a people in the gap. He needed Moses but until Israel cried out of their pains to God, Moses did not manifest. |
Re: Naira Slides Further As Demand Outweigh Supply by Nobody: 4:29pm On Sep 28, 2016 |
banttieman:I believe you will join mmm soon, just watch out |
Re: Naira Slides Further As Demand Outweigh Supply by uzolexis(f): 5:11pm On Sep 28, 2016 |
harrybarn: And I am telling you prayer is not the solution to our problem, we pray much more than developed nations but they are light years better than us cos they hold their leaders accountable, they speak out against in justice, they are not blinded by tribal and religious sentiments. |
Re: Naira Slides Further As Demand Outweigh Supply by Nobody: 8:21pm On Sep 28, 2016 |
intbizoil: In your widest dreams. Even if the profit is 1000% I won't. |
Re: Naira Slides Further As Demand Outweigh Supply by olabode5: 3:50pm On Sep 29, 2016 |
If you don't understand something take time to study if you must criticise. Don't just condemn something with bias and not with facts. MMM is not the regular multi-level marketing scheme where if you join and don't refer 3 or 5 people (as applies) your money gets stuck. MMM does not have a pool where people deposit to and from where profits are paid to members. That is a system you can call a ponzi scheme that will eventually crash and the fund managers will disapper with the funds collected. MMM does not mandate you to refer other people before you receive your fund with 30% profit. MMM is a community of people helping EACH OTHER to grow their funds. The people you Provide help to and that Give help to you in MMM are not even known to you. The MMM is automated. The system pairs Help providers with Help Receivers and the fund is tranferred directly to personal bank accounts of the participants. MMM cannot crash as long as the Community of Help Givers and Help Receivers exists. Any bank in Nigeria will crash in 30 minutes if all depositors come to ask for their money at the same time. In MMM, there is noting like old or new members. Everybody is a member! So there's nothing like old members are being paid by the money from new members!!!! Let's stop spewing false assumptions based on what we think. MMM is a system that regulates the community of fund raisers! It is not a scheme! There is no investment from where people are being paid!! |
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