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Naira Falls Against US Dollar - Business (5) - Nairaland

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Unbelievable!!! Naira Falls To N485/$1, N600/£1 / Naira Falls To N370 Per Dollar / Naira Falls To 325 On Dollar Shortage -punch (2) (3) (4)

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Re: Naira Falls Against US Dollar by Nobody: 7:15pm On Sep 17, 2016
erico2k2:

ok to your first line, I way more than 18
mayB you can take a look at my previous post and gain some sense
I have been spending forex B4 you turned 18 but thats an argument 4 another day.
About leaving the shores of Nigeria, have you? cos if you did you will not type that traash you did up there
drop that fone U are using and brows from a laptop so you can get the full picture
This was the picture I am trying to steer you to
I land at PHC from Europe with £10000 in my pocket why do I have to return back toe Europe with any change, i will spend it all go back empty.Unless you are referring to those who do not work
I do not get where you grab this notion that there must be profit for the monies I bring with me from abroad.

NB, you calling my all sort of name up there, are you not thesame person planning to go to canada and was posted to Adamawa for 2016 NYSC? 2016
young Man listen, I have been living in the UK more than 16 years unlike you who never earned a$ in your life.

I taught as you grow older you tend to be wiser? Holy Moses, never read a stupid post as this before.
1. I don't give a Bleep if you've spent your lifetime as a third class citizen.. it adds no point to your argument
2 learn how to read and comprehend words.
3 Am speaking from a business prospective and not you spending vacation in Nigeria..
Re: Naira Falls Against US Dollar by erico2k2(m): 7:23pm On Sep 17, 2016
Ezechinwa:


I taught as you grow older you tend to be wiser? Holy Moses, never read a stupid post as this before.
1. I don't give a Bleep if you've spent your lifetime as a third class citizen.. it adds no point to your argument
2 learn how to read and comprehend words.
3 Am speaking from a business prospective and not you spending vacation in Nigeria..
I see you have reduced ur arguments to just 3 lines
and your # has no meaning at all that's a tongue in cheek statement
as to # 3rd class citizen my backside,I'm sure I would have said that when I was at ur age, when you indeed get to Canada you will know different.
Re: Naira Falls Against US Dollar by Nobody: 1:39am On Sep 18, 2016
beejaay:
that's a big fat lie....saudi Arabia import everything....u can lie for Africa....the worst crash in crude oil was in 2008 and we never experienced this......so stop lying and say the truth, it won't hurt you

Saudi Arabia saved $724 billion dollars during the oil boom while Nigeria squandered its earnings. The Saudis do not import petroleum products while Nigeria does. The Saudis produce 10.7 million barrels of oil a day with a 30 million population while Nigeria produces far less oil with a population that is six times higher. Nigeria had $62 billion dollars in savings in 2008 and spent $20 billion dollars to shield the economy from the global economic crisis of 2008. That's why we didn't experience an economic crisis
Re: Naira Falls Against US Dollar by onatisi(m): 5:21am On Sep 18, 2016
tiwiex:


This is why Buhari suggests we think outside the box. Yes, we need to stop excessive importation eventually but economics models re changing. The problem is not excessive importation but scarcity of dollarsm think for a moment. It was this one track thinking that wrecked d economy. Buharis assumption was the dollar I'm criecualtion was all from oil exports. A big NO. Buhari wasted too much time and a lot of money ran out. Had to be converted to dollar. Prices started rising. No one wants to bring money back in. Airlines is an example. Ghana suppose dey crisis too. They are. But our currency is the most devalued globally. We are even breaking our record daily. It was this propaganda talk and GEJ did it argument that made things worse. We cannot fix importation overnight. So, we watch the economy crash because of that? Excuses.

Re: Naira Falls Against US Dollar by JamesFCI(m): 9:25am On Sep 29, 2016
To help with your issues,

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