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Nairaland Forum / Nairaland / General / Business / Nigeria GDP Confirms What Central Bank Denies: Naira Hurts (19089 Views)
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Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by awa(m): 3:53pm On Mar 10, 2016 |
Don't mind the GDP, we are doing fine. APC is taking Nigeria to a better place Sai Buhari till #1=$1. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by BekeeBuAgbara: 3:53pm On Mar 10, 2016 |
MrAboki:OkijaJuju are you ok? 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Ijaya123: 3:57pm On Mar 10, 2016 |
This is just a piece written to mount pressure on the government to devalue the naira for their selfish interest but it isn't going to work. We can see through their ploy. Crying more than the bereaved. 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by la1(m): 3:57pm On Mar 10, 2016 |
although the article doesn't mention this directly, its implied summary is yet another attempt at forcing currency devaluation, otherwise they haven't said anything new... Mr president is resolute on non devaluation and i agree with that policy. 2 Likes |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by pauloookay(m): 3:57pm On Mar 10, 2016 |
H |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by saintmark88(m): 3:59pm On Mar 10, 2016 |
Nigeria is fighting both internal and external opponents, they don't want us to progress, they want an official devaluation buh I trust bubu, that's not gonna happen 3 Likes |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Goke7: 4:00pm On Mar 10, 2016 |
antispexish: That is their aim but they will fail. No to modern colonialism 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by nkowaputa(m): 4:01pm On Mar 10, 2016 |
slap1: 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by rottenegg: 4:01pm On Mar 10, 2016 |
Where are all those seasoned economist and financial experts that Nigeria boasts of constantly? Why do we need a man sitting thousands of miles away enjoying a sound economy telling us how grim our lives will soon be? Where is that economic team Buhari formed sometime back? Can't they talk to us about the State of our Nation!!! |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Mcsammy4u(m): 4:05pm On Mar 10, 2016 |
Emekamex: Amex is that you, wahala I know think say 2 amex' go dey, I catch u for NL |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by peacengine(m): 4:18pm On Mar 10, 2016 |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Unitedabby(m): 4:21pm On Mar 10, 2016 |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Nobody: 4:21pm On Mar 10, 2016 |
See as the zombies dey yarn nonsense. Until dollar reach N1,000 to $1 then una eye go clear by then una go begin buy one sachet of water for N50 |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by HirstMOG(m): 4:23pm On Mar 10, 2016 |
Who is this GDP everybody is talking about sef in Dave's Patience voice!!!!!
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Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Nobody: 4:23pm On Mar 10, 2016 |
Emefilie has a job between the devil and the deep blue sea |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Nobody: 4:34pm On Mar 10, 2016 |
TolaTosin:I don't support any politician,I speak from my experience and my observation |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by TippyTop(m): 4:38pm On Mar 10, 2016 |
Growth in Africa’s biggest economy and oil exporter slowed to 2.8 percent last year, the weakest level since 1999 and down from 6.2 percent recorded in 2014. President Dullard is here to take us back to the 80s. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by 41lady(m): 4:41pm On Mar 10, 2016 |
MrAboki: iliteracy is a disease my lecturer ones said now it is confirmed. It means... Grand Dad of President (GDP). |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by kevinkod(m): 4:42pm On Mar 10, 2016 |
Movingcoil:it seems u will soon go back to d land of ban because that's where u belong. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by 41lady(m): 4:43pm On Mar 10, 2016 |
MrAboki:iliteracy is a disease my lecturer ones said now it is confirmed. It means... Grand Dad of President (GDP). |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Ephemmm: 4:43pm On Mar 10, 2016 |
[s] nkowaputa:[/s] This is the resultant effect of outright failure of a fisherman who has no shoe 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by persius555(m): 4:47pm On Mar 10, 2016 |
antispexish:They want us to devalue the naira so as to make manufacturing costlier, thereby killing the local industry. Subsequently, they will take over our economy and dictate our policies. Angola yielded to the advice of IMF and today their economy is struggling to recover even as oil prices have dipped. If the CBN finally devalues and we remove import restrictions, its only a matter of time for coke to be sold for 200 naira. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by ozoemenaca: 4:48pm On Mar 10, 2016 |
The APC fans on nairaland should at least help us mention one thing they have gotten right for the past 8 months. is it electricity, is it fuel, is it infrastructure, please tell us. 6 Likes |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by MrAboki: 4:50pm On Mar 10, 2016 |
41lady: See who dey talk about illiteracy. What an Oxymoron.. 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Nobody: 4:59pm On Mar 10, 2016 |
kevinkod: . 2. Don't abuse, bully, deliberately insult/provoke, fight, or wish harm to Nairaland members OR THEIR TRIBES. 3. Don't threaten, support or DEFEND violent acts against any person, tribe, race, animals, or group (e.g. rape). . .did I commit any? |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Danjunior(m): 5:13pm On Mar 10, 2016 |
hazyfm1:keep sounding like a fool. Robot. Face the glaring facts |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by HARDDON: 5:18pm On Mar 10, 2016 |
kevinscore: Sentiment is one thing, blind sentiment is on another level. Even d blind within country can feel d heat let alone people whose job it is to analyse world economy.... ur hypnotized sentiment is totally crude. Littlewonder people cud strap bombs on n go blowing themselves up. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by hazyfm1: 5:22pm On Mar 10, 2016 |
Danjunior: really? |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Ugosample(m): 5:27pm On Mar 10, 2016 |
As an economist..... I dare say categorically, that the only way out of this mess is not devaluation per se, but the abolition of this two tiered currency regime we have currently, and let market forces determine the price of the dollar,. The government should not officially devalue because that would be foolishness, but holding in to 199 .5 to the dollar is not sustainable in the long run. And that idiot president of ours have to keep his mouth shut. He saying in public that he will not devalue compromises the autonomy of the apex bank. If at all 5he doesn't want devaluation, he should communicate with the governor IN PRIVATE instead of talking rubbish on tv. 1 Like |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by Nobody: 5:29pm On Mar 10, 2016 |
HARDDON: Is it not d same people that has been calling for the devaluation of naira without knowing the root cause |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by samofson: 5:34pm On Mar 10, 2016 |
Nothing new here...abeg talk another thing Jare. We don't need Bloomberg to tell us what we already know. I think this info is for dem oyibo people dem. we Nigerians already know where the shoe pinches. |
Re: Nigeria GDP Confirms What Central Bank Denies: Naira Hurts by tempest01(m): 5:36pm On Mar 10, 2016 |
We don't care....I am with buhari with not devaluing the naira....let's suffer now, than to spread the suffering for a long period. Oil is gaining...we will cross the bridge soon. All these oyibo want their currency to gain on our naira. |
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