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Nairaland Forum / Nairaland / General / Business / Naira Crashes As FG Denies Currency Swap Deal (57896 Views)
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Re: Naira Crashes As FG Denies Currency Swap Deal by bigtt76(f): 10:23pm On Apr 21, 2016 |
Keeping the Naira at 199 to the dollar is not defending it as you do not have it readily available to buy. This in turn made the parallel market to thrive at 320 naira to the dollar because demand is high but supply low. Under Jonathan, it was being defended and supply readily available. This led to high demand and high supply at the detriment of saving for the future. Good night Reference: |
Re: Naira Crashes As FG Denies Currency Swap Deal by zheroes(m): 10:27pm On Apr 21, 2016 |
PMB continue to do what will be in the interest of all. you sign they will wail, you don't sign they will wail. |
Re: Naira Crashes As FG Denies Currency Swap Deal by ajebuter(f): 10:28pm On Apr 21, 2016 |
whatalife: My brother own better then. My old man sent him abroad to study and whenever i sent him a thousand dollars from my own private account, for his running expenses monthly apart from his tuition fees, i would yell and curse our past administration because then it was 168 naira. I started getting madder when it became 200naira before GEJ left and we thought we were having a rough deal. Imagine now? At N32?? E no go better for somebody i swear! 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by piagetskinner(m): 10:30pm On Apr 21, 2016 |
After raising our hopes...this is total crap. That's what u get when a cattle rearer is ur President. Lesson: Never allow ur cows do the thinking for you 2 Likes |
Re: Naira Crashes As FG Denies Currency Swap Deal by Deepfreezer(m): 10:30pm On Apr 21, 2016 |
This should be goodnews to most of us that earn in $$ but hell no, Nigerian citizens are suffering more than anyother citizen of the world. 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by petsolo15(m): 10:31pm On Apr 21, 2016 |
Finally, fuel will be sold at 60 Naira per
litter from Friday!!
I new it!
President Buhari made it clear 2 hours
ago on a private interview in Aso Rock, that
fuel
will be sold at 60 Naira per
litter starting from Friday 22nd
April, 2016.
President Buhari also said
that, the issue of Naira falling in value
will be resolved in less than a week, he
made it clear that by the time the naira issue is
resolved, 60 Naira will = 1
Dollar and that will be in 3 weeks from now, it
will become one Naira - one Dollar.
President Buhari also said that he
promised to change Nigeria at the right
time and that right time is now.
He also
wanted to talk about
corruption, but my Tv exploded
immediately after he mentioned the
Word, "Corruption" and that was when
I woke up and discovered that it was all
a Dream. I sincerely apologize for playing with
your emotions 1 Like 1 Share |
Re: Naira Crashes As FG Denies Currency Swap Deal by Deepfreezer(m): 10:33pm On Apr 21, 2016 |
zheroes:thunder gbawa gi akpa amu. |
Re: Naira Crashes As FG Denies Currency Swap Deal by marshalcarter: 10:35pm On Apr 21, 2016 |
1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by MrCEO69(m): 10:37pm On Apr 21, 2016 |
adeyemi97: the form A is still working, for payment of sch fees abroad, i study in Ghana and that's what most of the student from Nigeria are using to pay their fees. But u v to provide some details, such as sch fees invoice, international passport, sometimes they ask for ur weac result too. And they can be creepy in asking for the original copy, when they know its cnt be possible. Well it depends on the bank. Try ecobank or diamond. Hope this helps. |
Re: Naira Crashes As FG Denies Currency Swap Deal by sanusidabo: 10:44pm On Apr 21, 2016 |
BREAKING NEWS the reality of the forex market is quite impressive due to the government efforts to prevent speculators from further deliberate destroying the economy. At the moment USD$1 is #223 at black greedy market BDC sourced Financial institutions. |
Re: Naira Crashes As FG Denies Currency Swap Deal by Deepfreezer(m): 10:44pm On Apr 21, 2016 |
marshalcarter:Lolz the guy is foolish. I said it earlier this morning. anybody that still supports and defend Buhari at this point is a very big FOOOL. 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by SirShymexx: 10:50pm On Apr 21, 2016 |
Lool. The sickly globetrotter didn't sign any deal, he just went there as an appendage to watch/help Dangote secure a loan and he returned empty handed. Not shocking since that's how Fulanis wander about aimlessly as part of the culture lol. Regardless, I honestly don't even know how the currency swap would boost the naira, since petrodollar still run the show. 2 Likes 1 Share |
Re: Naira Crashes As FG Denies Currency Swap Deal by Nobody: 10:53pm On Apr 21, 2016 |
Maybe, just maybe this government is really confused as they say. 2 Likes |
Re: Naira Crashes As FG Denies Currency Swap Deal by OlivetBen(m): 10:53pm On Apr 21, 2016 |
bigtt76:I think things should be well organized after planned before making it known to d public to avoid all this double tongue palava 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by BodyKiss(m): 11:06pm On Apr 21, 2016 |
Reference: Did you actually read the op? Your comment has nothing to do with the title nor the context of this thread. The op and the title are saying two different things, that what I meant by misleading. |
Re: Naira Crashes As FG Denies Currency Swap Deal by Themandator: 11:08pm On Apr 21, 2016 |
richidinho:They can insult Fayose all they want but I have realized the man is more intelligent than even the best eleven of this federal government even as they frequently use Derogatory terms on him 3 Likes 2 Shares |
Re: Naira Crashes As FG Denies Currency Swap Deal by Lilimax(f): 11:13pm On Apr 21, 2016 |
nwakibie3: |
Re: Naira Crashes As FG Denies Currency Swap Deal by EmekaBlue(m): 11:18pm On Apr 21, 2016 |
Always changing mouth.....I dnt like this admin..there is no sign of good governace..Very soon d looting buhari is doin sharing with his pals wil b exposed...I blive this man is carrying d scarce dollars hiding it in his private jet and depositing it around d world while he careless of d sufferings of d pple he is heading.. 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by nwakibie3(m): 11:30pm On Apr 21, 2016 |
zheroes:Na them... suffering and smiling entity |
Re: Naira Crashes As FG Denies Currency Swap Deal by Ugo50: 11:33pm On Apr 21, 2016 |
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Re: Naira Crashes As FG Denies Currency Swap Deal by Nobody: 11:51pm On Apr 21, 2016 |
Omo cold is just catching me. This people are just deceiving us anyhow. |
Re: Naira Crashes As FG Denies Currency Swap Deal by thespokenword: 11:55pm On Apr 21, 2016 |
SamuelAnyawu: 2 Likes
|
Re: Naira Crashes As FG Denies Currency Swap Deal by thespokenword: 11:58pm On Apr 21, 2016 |
CaptainECole:
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Re: Naira Crashes As FG Denies Currency Swap Deal by Nobody: 12:12am On Apr 22, 2016 |
drnairalov: Hahahahahahah |
Re: Naira Crashes As FG Denies Currency Swap Deal by GreenT: 12:18am On Apr 22, 2016 |
APC is using power of media to over hyke any effort they made.. Most of their effort are not based on plan but on trial and error. I support APC because i thought they have intellectuals that will build institutions in the system. What they are practicing is just like previous government, if PMB leave and we are not careful as a nation we might crash beyond imagination. For any good thing being expected from this government is not based on structural adjustment in the system but based on the fair of the leader which is PMB. Nigerians lets inform PMB government to build a resilience system/institutions for the nation, we need institutions that is sustainable WHO IS DECEIVING WHO..! |
Re: Naira Crashes As FG Denies Currency Swap Deal by danidee10(m): 12:18am On Apr 22, 2016 |
adeyemi97: Mehnn....didn't know it was that bad.....sorry |
Re: Naira Crashes As FG Denies Currency Swap Deal by willibounce1(m): 12:22am On Apr 22, 2016 |
By 2019, no hausa/fulani man should ever be allowed to rule this country. ****This old, desperate man has no idea what being a president is. Nigerians need to wake up. No light, no water no fuel. No wonder Fela called him crase man years back in his song. |
Re: Naira Crashes As FG Denies Currency Swap Deal by Nobody: 12:25am On Apr 22, 2016 |
mad people everywhere |
Re: Naira Crashes As FG Denies Currency Swap Deal by LONGFUELCUE: 12:52am On Apr 22, 2016 |
adeyemi97: Serves you right! When you guys were making noise over the media about GMB during electioneering campaign, we warned severally, and none of you adhered. Now you are complaining. You are lucky they send you money from Nigeria, e for over you there ewu mpama. You for end up as a prostitute or scavenger in search of your school fees. Lazy fellow in the diaspora. 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by repogirl(f): 12:57am On Apr 22, 2016 |
And one Aresa was spewing baseless, factless trash all over the place! Booooohari and his bunch of bumbling APShit baboons are just utterly useless. Some of us actually even wanted to believe that maybe there was some hope after all. Chai. They have done it again, should we really be surprised? Under pressure, APC just forms lies and propaganda bullshit forgetting that every thing will come apart really soon and they would be worse off than they were before! It will shock them how China will carry their business to a more promising economy than this our direction less one after they have dashed them billions in loans and empty promises. Boooohari and his band of nonentities! Tufiakwa! Shiorrr! Sies! Useless people. 1 Like |
Re: Naira Crashes As FG Denies Currency Swap Deal by Manchelsea(m): 2:00am On Apr 22, 2016 |
U done minute. |
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