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Nairaland Forum / Nairaland / General / Business / Naira Falls To 360 As Dollar Demand Rises (19601 Views)
Unbelievable!!! Naira Falls To N485/$1, N600/£1 / Naira Falls Against US Dollar / Naira Tumbles To 360 As Dollar Supply Dries Up (2) (3) (4)
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Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 5:53pm On May 14, 2016 |
And my salary did not Change 1 Like |
Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 6:02pm On May 14, 2016 |
Lucasbalo: Martin Niemoller "First they came for the Socialists, and I did not speak out— Because I was not a Socialist. Then they came for the Trade Unionists, and I did not speak out— Because I was not a Trade Unionist. Then they came for the Jews, and I did not speak out— Because I was not a Jew. Then they came for me—and there was no one left to speak for me." and George W Bush "We will make no distinction between the terrorists who committed these acts and those who harbour them" 1 Like 1 Share |
Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 6:04pm On May 14, 2016 |
Lucasbalo: You brought a tear to the corner of my eye
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Re: Naira Falls To 360 As Dollar Demand Rises by tefund(m): 6:10pm On May 14, 2016 |
LieDetector:it was just an agreement |
Re: Naira Falls To 360 As Dollar Demand Rises by Lucasbalo(m): 6:13pm On May 14, 2016 |
EgunMogaji:As a good son, I have to look out for my folks. The riot mob can hold on for couple weeks because my folks are coming for their summer holiday. After that, everyone is a fair game. Lol. |
Re: Naira Falls To 360 As Dollar Demand Rises by COMPUTERVILLA(m): 6:19pm On May 14, 2016 |
Yahoo boyz prayer (dollar go up) |
Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 6:41pm On May 14, 2016 |
Lucasbalo: |
Re: Naira Falls To 360 As Dollar Demand Rises by herald9: 6:47pm On May 14, 2016 |
Chrisx1x: |
Re: Naira Falls To 360 As Dollar Demand Rises by Nellybii: 6:48pm On May 14, 2016 |
Ubachinwe1: So you were working before APC came into power right? Sorry for your loss. |
Re: Naira Falls To 360 As Dollar Demand Rises by oluwole1211(m): 6:49pm On May 14, 2016 |
hungryboy:lolz |
Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 6:49pm On May 14, 2016 |
Lucasbalo: 1.) No! My money-doubling priend, even if I would give you my money for investment, it would have been converted into the “gold-backed Chinese Yuan” & the soon-to-be “gold-backed Russian ruble” - and never the “nothing-backed dollar”. My priend, the death of the Petrodollar is just around the corner. https://www.youtube.com/watch?v=KmVeDeav0DI Make sure you watch this video above. 2.) My leaders are worthless & greedy - no doubt! But was it also my leaders that ruined Iraq, Libya & Syria, created ISIS, funded Al-Qaeda (Google the name Tim Osman) ? I guess not. 3.) Your Amerikan Eagle is about to be devoured by the Russian bear. |
Re: Naira Falls To 360 As Dollar Demand Rises by Ubachinwe1(m): 6:51pm On May 14, 2016 |
Nellybii:this question is rather but rhetorical. |
Re: Naira Falls To 360 As Dollar Demand Rises by opribo(m): 6:51pm On May 14, 2016 |
[quote author=BetaThings post=45619940] Boko Haram is not stronger People are going to church and mosque again in Borno America has not achieved zero Taliban bombing in Afghanistan A lot of places are mined in Sambisa - soldiers cannot just march in[/quote Guy cool down there, if soldiers cannot just match in since how many years, is it you and I that will match in? When they want to crush perceived enemies it doesnt take them anything to do so but when interest and stakes are involved excuses and reason come in to play. Recall the speed El Zackzaky was crushed, Odi and the IPOB youths. Government knows what they are doing, it is an insincere administration with a hidden agenda. |
Re: Naira Falls To 360 As Dollar Demand Rises by Lucasbalo(m): 6:59pm On May 14, 2016 |
Zoharariel:Heir to the throne. It's only if your bear can fly 40.000 feet above the sea level. Don't get your b/p up. America was great before you came to the world and will be great after you grow old and go to the good Man above. Dollar is the world currency because America is the most technologically and economically advanced nation on earth. Tell your Ijebu kins if they will ever choose Rubies or Yuan over $ and see if they won't kick you out of their kingdom. 2 Likes |
Re: Naira Falls To 360 As Dollar Demand Rises by medpren: 7:13pm On May 14, 2016 |
If you have an important skill and not making plans to jet out of this country. I pity you! 1 Like |
Re: Naira Falls To 360 As Dollar Demand Rises by youngalex(m): 7:23pm On May 14, 2016 |
When i listened to the Minister of State for Petroleum,i knew he was lying...When i read the submissions of the Vice president he gave a more realistic scenario on the deregulation issue...The Minister of Petroleum (State) knew in actual sense that the challenges of Fuel Import is the exchange rate disparity not market liberalization...Yet he deceived Nigerians,He further impoverished the mindset of an average Nigerian by saying that competition will push prices down...I ask at what exchange rate will the oil import transaction be consummated ? It amounts to gross stupidity,apperent insensitivity and fantastic cluelessness to direct the oil importers to the parallel market where the volume of demand(forex) far outweighs the availability leading to further weakening of the Naira....i won't be suprised if the dollar/naira exchange rate shoots up to $1/#500..I AM SICK AND TIRED OF NIGERIA AND BEING A NIGERIAN |
Re: Naira Falls To 360 As Dollar Demand Rises by youngalex(m): 7:24pm On May 14, 2016 |
When i listened to the Minister of State for Petroleum,i knew he was lying...When i read the submissions of the Vice president he gave a more realistic scenario on the deregulation issue...The Minister of Petroleum (State) knew in actual sense that the challenges of Fuel Import is the exchange rate disparity not market liberalization...Yet he deceived Nigerians,He further impoverished the mindset of an average Nigerian by saying that competition will push prices down...I ask at what exchange rate will the oil import transaction be consummated ? It amounts to gross stupidity,apparent insensitivity and fantastic cluelessness to direct the oil importers to the parallel market where the volume of demand(forex) far outweighs the availability leading to further weakening of the Naira....i won't be suprised if the dollar/naira exchange rate shoots up to $1/#500..I AM SICK AND TIRED OF NIGERIA AND BEING A NIGERIAN |
Re: Naira Falls To 360 As Dollar Demand Rises by franco3075q(m): 7:26pm On May 14, 2016 |
The thundert wer go fire dis administation 4 change stlii dey do press up |
Re: Naira Falls To 360 As Dollar Demand Rises by isnovic(m): 7:29pm On May 14, 2016 |
#OfficialAPC=Chain 1 Like |
Re: Naira Falls To 360 As Dollar Demand Rises by SailorXY: 7:35pm On May 14, 2016 |
kropotkin11:
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Re: Naira Falls To 360 As Dollar Demand Rises by Life4Varnity: 7:41pm On May 14, 2016 |
MEN I GATS TRIPPLE MY HUSTLE O. NO TIME FOR Yoruba Yoruba. AND MY NEIGHBOUR BUY BENZ YESTERDAY O. GOD I BEG, IF PEOPLE DEY SHOUT YEH WON GBE I BEG MAKE ME DEY JOLLY HERE AND THERE O. BABA GOD O |
Re: Naira Falls To 360 As Dollar Demand Rises by Nobody: 8:36pm On May 14, 2016 |
Trailblazer1: https://www.nairaland.com/2582346/president-buhari-ghana-pictures Ghana loves Buhari. |
Re: Naira Falls To 360 As Dollar Demand Rises by Pidggin(f): 8:56pm On May 14, 2016 |
Wise people are leaving the country for good |
Re: Naira Falls To 360 As Dollar Demand Rises by BetaThings: 9:22pm On May 14, 2016 |
opribo:When America attacked Saddam's Iraq in the first Gulf War, they were slowed down by mines And that was a conventional war between the armies of two countries But they used mine sweeper but that was in the desert How easily can you use mine sweepers in the forest Boko Haram members don't wear uniform opribo:Whose interest? Jonathan's or Buhari's Because Jonathan could not subdue them Under Jonathan, BH operated up to Bauchi It has not happened recently While failing to stop Boko Haram, Jonathan also attacked El Zakzaky people rapidly Who attacked Odi - Obasanjo's PDP Who attacked Zaki Biam - Obasnjo's PDP Who destroyed Dangote truck during protest in Onitsha (even Linda reported it) - IPOB youths So whose hidden agenda? PDP's? APC's, IPOB's You should have made this observation when the Shiites were attacked under Jonathan with El Zakzaky's sons being killed |
Re: Naira Falls To 360 As Dollar Demand Rises by ibedun: 9:37pm On May 14, 2016 |
Adaure4ever: Develop Igboland first and I will believe you. Yeye people, Sai Baba for life. Yes this is a positive change. Illiterates and sentimental 5-percenters can never see it. 1 Like |
Re: Naira Falls To 360 As Dollar Demand Rises by Teechawa: 10:36pm On May 14, 2016 |
medpren: Hmnn. Big talk that is worth ruminating on. But when Naija better are we to return again? |
Re: Naira Falls To 360 As Dollar Demand Rises by opribo(m): 11:32pm On May 14, 2016 |
BetaThings: Either you guys are economical with the truth or you forget too easily, have you forgotten when former COAS was smothering the Boko guys what the northern elders said and even this Buhari. In case you don't recall I will tell you. They rose in one accord and accused the FG under GEJ of killing them to game advantage in election. Buhari even said it was a direct attack on the North he pushed for amnesty and negotiations. How much of that has he done now. There is a saying that if a child is crying and pointing to a direction. If the mother is not there the father must be there. Ask my good friend how come it is only Buhari in the whole North that Boko nominated to negotiate on their behalf. The answer to the problems is blowing in the winds. If only I am an investigator I know those to drill for the truth to come out. |
Re: Naira Falls To 360 As Dollar Demand Rises by Kagawa: 2:51am On May 15, 2016 |
The highest before now was Jonathan at 141 naira which he later brought down to 97, then 87 before elections. see infographic here. http://www.orodataviz.com/project/fuel-subsidy-history-fuel-price-increase-nigeria/ |
Re: Naira Falls To 360 As Dollar Demand Rises by cevek11: 6:21am On May 15, 2016 |
We are heading into summer, this is expected. However, what happened to the direct conversion to Yuan intended to reduce this? |
Re: Naira Falls To 360 As Dollar Demand Rises by cochexky: 8:01am On May 15, 2016 |
Am not surprise . |
Re: Naira Falls To 360 As Dollar Demand Rises by VaselineCrew: 11:35pm On Feb 18, 2019 |
From N220 falling falling falling sai babs |
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