TooNoisy:
Mumu OP,

The stock market is going down simply because of the devaluation of the naira. Foreign investors are now existing the market due to the depreciating naira and that is what is causing the downturn in the stock market.

Naira devaluation was caused by GEJ and started during GEJ's time. It's only going to get worse because they stole part of our foreign reserves we had and spent it on elections. Stop the cheap blackmail

Firefire:


Super-clueless is now in-charge...

Emekamex:

->[s][/s]Stock Market(Investments) is very pivotal to a nation's development.
->This is about Nigeria, not just Buhari; so stop defending someone who's action is putting the country at risk.
->We need all the investments we can get now, since the price of crude oil(our major source of income) has fallen drastically and there is no hope of it rising in the foreseeable future[/s].

Nelbless:


it's almost 60 days in the apex office in Nigeria, less than two months and it will be 100days.

what are you talking about. with all the bogus promise......I look at the north east and I weep. killings everywhere... blood bath in the places if worship, road and now market.

what of our economy..... I am not a Jonathan fan.... but with the way this government seems to be handling the state of the country..... I fear for Nigeria... I'm praying earnestly for Him to succeed for if he doesn't.... APC RADICALS, PDP FAITHFULS, SDP ETC will all feel the scourge of horror and famine.

GOD BLESS #NIGERIA

TooNoisy:
Mumu OP,

The stock market is going down simply because of the devaluation of the naira. Foreign investors are now existing the market due to the depreciating naira and that is what is causing the downturn in the stock market.

Naira devaluation was caused by GEJ and started during GEJ's time. It's only going to get worse because they stole part of our foreign reserves we had and spent it on elections. Stop the cheap blackmail

vfactor:


So in other words, one clueless was substituted for another?

jinxet2000:
Please next time don't forget to also write long epistles for the good works.
Did not bother to read your letter abi na epistles. Go to Lekki, VGC, banana island, your mates are building to scatter, in fact, go to villages, boys are mecassi everywhere, you are here calculating the stock market when people are taking their money from stock market and investing in real estate where they can see it. if you like, carry your money dey hip for stock market.

Emekamex:

-> The major reason for the devaluation is due to the fall in crude oil price which is directly related to our foreign reserves.
->Blaming only GEJ wont be fair on him; the blame should be on all past leaders(Buhari included) who failed to diversify our economy when they had the chance to.
->This is the more reason that Buhari needs to quickly come up with a strong economic plan; there is no time here.
->The more we delay, the more we lose out.

Vig86:

What is this one saying for goodness sake? Is that why Mr president want to be the minister of everything including the coordinating minister of the economy for the whole month?

Beremx:
you dey mind dem? stock market still dey reign?


mtscheeew!

omojoshy:
It's damn too EARLY condemning Buhari. Biko!


We can appraise this Government after 4 months Socially, Politically and Economically


You guys should shill a little please. Rome was not built in a day......

For the first time in history of Nigeria, 33 Ministerial nominees scored F9, only 3 passed screenings. Reason Buhari had refused sending all their names to the Senate for confirmation. Can this happen under GEJ or OBJ regime?

The Naira will bounce back, we should be patience a little, just a little.....thanks!

pretydiva:
So na buhari na cause am now ..looking 4 who 2 blame.dem nor well at all

Beremx:
you dey mind dem? stock market still dey reign?


mtscheeew!

TooNoisy:


My point is that this is not Buhari's fault. Jonathan was president for 5 years at a time when Oil prices was between $80 - $105, what did he do with all the money. GEJ met $45 billion in Excess Crude Oil Account and $67 billion in Foreign Reserves. Now Excess Crude Account is $2 billion and Foreign Reserves is just about $32 billion. Did the write up show how GEJ spent all the money he met there including all the money Nigeria made?

Then you castigate Buhari for being slow. Slow to do what?

jamilkb:
Wail

Doskit:
Its too early to say that if you ask me!

Gh0stFreak:




- Source: http://www.vanguardngr.com/2015/07/stock-market-investors-lose-n1-032trn-in-2-months/#sthash.FGgRDslA.dpuf

CR77:
No way the ldiot is busy taking pictures up and down.

shikaan:
from where do you two reason? under ur leg?
so given this very sad news, ur advise to the minister of tourism president of Nigeria will be what

chuna1985:


U are very blind to wat Is already happening. Buhari wants to lead as a sole military dictator. Why should he dismiss 33 ministerial aspirants Who is he Is he clean Is he the only saint in nigeria

Its time u pipo should start thinking.

Intendy:

just felt I should reply this post to correct lope sided thinkers.
My only question 4 now is what caused the nigeris market to loose over 2 trillion naira btw July 2014 and December 12 2014?
Buhari abi

MKO4ever:
This man is older than your wretched father. Fool

abouzaid:
can we have a proof? and your talking a period of 6 months.