How Naira Went From N525/$1 To N400/$1 In 3 Days - Business (3) - Nairaland
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| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Bimpe29: 9:42am On Feb 25, 2017 |
Nigeria we hail thee. Shame on the saboteurs, cabals. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by dustmalik: 9:43am On Feb 25, 2017 |
Let's be realistic. If those fools called militants continue to bomb our crude oil installations, this policy will fail. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by ebuclassic18(m): 9:43am On Feb 25, 2017 |
now i see the trick why should dollar get to #500 per $1 playing with Nigerian's all in the name of politics everything happening has been planed long before now people suffering cos of some political benefits of some individuals too bad. 1 Like |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Kingspin(m): 9:44am On Feb 25, 2017 |
People are celebrating patching of Nigeria roads, power, infrastructures even patch economy at the end we are back to square one. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by mightyhazell: 9:46am On Feb 25, 2017 |
1 Like |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 9:47am On Feb 25, 2017 |
Tokziby:By the time his prophecy comes to pass you will call him prophet of doom.Don't worry it will N700 to $1 then you understand better. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by stasius: 9:47am On Feb 25, 2017 |
OSIBANJO WE LOVE YOU! RIDE ON SIR! GOD BLESS YOU! 4 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by chachanga: 9:47am On Feb 25, 2017 |
Welcomme: The b@stards! Didn't Emir Sanusi warn against all their roundtripping schemes at the CBN earlier? They put the EFCC on him to shut him up. And Soludo? Meanwhile... It would seem Buuharry tactically folded under pressure and capitulated to Osinbajo, leaving the poor Prof to do all the heavy lifting. Diaarrriisss God o 2 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by SalamRushdie: 9:48am On Feb 25, 2017 |
emmasege: Exactly 3 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by AngelicBeing: 9:48am On Feb 25, 2017 |
Nne5:Yes l am better, l am Osinbajo the acting President of Nigeria, this is my Nairaland account, l will make Dollar very low, minimum will be 100 to 150 a dollar, l am a Professor of law and very smart, keep this secret, dont let anybody know l am on Nairaland  2 Likes 1 Share
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| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by mightyhazell: 9:48am On Feb 25, 2017 |
exlinkleads:yea,..dat scenenerio is v familiar 1 Like |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by destinysaid(m): 9:50am On Feb 25, 2017 |
yeyeboi:bro I Dnt Knw about odas, but I'm celebrating the fact that its reducing, rather than hitting 650/$1 which would HV been the start of hyperinflation. 2 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by SangoCrusader: 9:50am On Feb 25, 2017 |
Naira is still a fundamentally weak currency, and the underlying confidence is still low. This is a temporary rebound, and it will settle back at N500 to $1 in about a month, mark my words! 3 Likes 1 Share |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by princetom1(m): 9:50am On Feb 25, 2017 |
ExpiredNigeria: Do ur calculations well, it's gonna be a win win solution bcoz if the naira keeps apreciating, prices of goods and services will return back to reasonable amount. Is not about how much ur dollar Wil exchange for but it's worth and value after exchanging it eg, ur dollar may exchange for 1000 naira and bag of cement or rice may be 20,000 (20usd ), also the dollar may exchange for 100 naira and u may get ur bag of cement or rice for 1500 (15 usd ). 8 Likes 1 Share |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by mightyhazell: 9:52am On Feb 25, 2017 |
2 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Ololade1999: 9:54am On Feb 25, 2017 |
[quote author=SangoCrusader post=54040015]Naira is still a fundamentally weak currency, and the underlying confidence is still low. This is a temporary rebound, and it will settle back at N500 to $1 in about a month, mark my words! Don't be pessimistic. Naira is our currency. We must always pray it gets better |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by naturefellow(m): 9:54am On Feb 25, 2017 |
Tokziby:Thank you. Prophet of Doom indeed! God would put all false prophets to shame! |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Entom(m): 9:56am On Feb 25, 2017 |
YESpParticipant: This shows the problem of this country is leadership Modified : Do you want to earn in foreign currency, check my signature |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by naturefellow(m): 9:58am On Feb 25, 2017 |
asuustrike2009:either ways TBJ is undoubtedly a prophet of doom |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nne5: 9:58am On Feb 25, 2017 |
AngelicBeing:I won`t snitch on you |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 9:59am On Feb 25, 2017 |
yeyeboi: It was even at $160 in 2014 but oil was selling at $110 per barrel. It crashed to $350 with oil at $30. Now it is $400+ with oil at $52. See the fall and rise correlation with oil? Instead of focusing on end result dollar price, we should be talking about breaking this unholy economic linkage to oil. Even if it causes short term suffering, it will be worth it. Dollar price should never be an indication of a sovereign country's economic condition. We need independence. Independence from designer bags, shoes, shirts. From imported butter and sausage and from imported mentality! Without this second independence we are simply slaves to other countries. Will Nigerians support this idea? Will they value freedom for their children over Jimmy Choo shoes and LVMH and Hermes bag? We are Nigeria' s problem. Our corrupt, thieving politicians are accelerators. But we can do bad all by ourselves. 8 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Sheggy13(m): 10:00am On Feb 25, 2017 |
nwadiuko1:Will he listen if told, since it's not from Mamman Daura, Abba Kyari or those his other trusted northerners. You think someone that calls his ministerial appointees noisemakers will take whatever they tell him seriously? |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by psalmskiddy(m): 10:01am On Feb 25, 2017 |
[color=#770077][/color]is da all |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 10:01am On Feb 25, 2017 |
yeyeboi: May your shame remain with you alone. Had it ever caught your mental attention (if you have any at all) that the naira had never appreciated by up to 40 Naira in one week in history before? Market watchers said it was heading for 1000/$, and we all see their predictions of woe falling apart like castle of cards, and you feel it doesn't worth celebrating? It must be difficult being you. 7 Likes |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:02am On Feb 25, 2017 |
naturefellow:He's not my brother. A prophet doesn't say what you want to hear but they speak the mind of God |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:02am On Feb 25, 2017 |
unclezuma: Must u people eat rice? Or we really lack food in that country. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by JERRY1925(m): 10:02am On Feb 25, 2017 |
even the dollar understand the need for education.. #winks....the thing see Prof. ...e begin adjust. |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Liverpoolfc(m): 10:02am On Feb 25, 2017 |
I hv always known that our problem is buhari. Pls stay in London longer to make Nigeria better |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by nedumma68: 10:03am On Feb 25, 2017 |
When the righteous is on the throne the people will rejoice. But when the wicked rules the people will mourn. 1 Like |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by AngelicBeing: 10:03am On Feb 25, 2017 |
Nne5:Thanks  |
| Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by tk4rd: 10:03am On Feb 25, 2017 |
Thawarplay:This guy follow for pple wey dey pray make recession no end. 1 Like |
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