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Nairaland Forum / Nairaland / General / Business / How Naira Went From N525/$1 To N400/$1 In 3 Days (73104 Views)
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Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by zado2064: 10:05am On Feb 25, 2017 |
I always knew PASTOR,PROF. YEMI OSIBANJO VP would make us proud! 4 Likes |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:05am On Feb 25, 2017 |
correctguy0900: Make we chop sand, even Abakaliki rice is not 8,500. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 10:06am On Feb 25, 2017 |
pkang: Yeah, he meant the "ordinary commissioner" who became a professor of law at 33. When your father was 33, I doubt if he had any bearing for his life. 5 Likes |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Realdeals(m): 10:06am On Feb 25, 2017 |
emmasege: You're obviously a civil servant, what sort of economic theory is that? especially no 1, they should drop social welfare scheme including N-power and the rest for increase wage to mostly unproductive civil servants because they had two head, what is the % of the civil service to our population. 1 Like |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 10:09am On Feb 25, 2017 |
exlinkleads: May you be disappointed. Enemy of progress. Enemy of good tiding. 2 Likes |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by naturefellow(m): 10:10am On Feb 25, 2017 |
asuustrike2009:Are the plans God has for us good, or evil? In TBJ's case, it's evil all the way. Never heard anything good prophecy concerning Nigeria emanate from his mouth. Sad to say. And that disturbs me significantly! 1 Like 1 Share |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by kinglee007(m): 10:11am On Feb 25, 2017 |
emmasege: Don't worry my brother. We are gonna get there sooner than expected. God will use the "right" leaders to get us there. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:11am On Feb 25, 2017 |
unclezuma: Really? If there is no more rice, the next meal for una na sand? Ah this one strong pass me o |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 10:11am On Feb 25, 2017 |
Sanchez01: The same way he said a woman will become American president |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by jide219(m): 10:13am On Feb 25, 2017 |
mightyhazell:I did not vote for any useless man |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Kiakia(m): 10:17am On Feb 25, 2017 |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:18am On Feb 25, 2017 |
I am a fan of good development and i am not a good economist but but this is initial gragra. Soon naira will return and reach 600. Just soon and i am sure if that, unless we limit our rate of importation and work toward self sufficiency. It is either we work towards self sufficiency or the price of crude returns to 100$ per barrel, if not naira will surpass 600 per dollar even. This one na simple mathematics |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:18am On Feb 25, 2017 |
correctguy0900: Just make your point my man and leave the speck of sand in my eyes. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:18am On Feb 25, 2017 |
This story is pure lies! Naira is not $ is not 400, it's funny how every one seems to have their own theory on dollars even people who do not, has never come across dollar bills or made transactions in $$$$. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by lonelydude: 10:19am On Feb 25, 2017 |
This could just be the outcome of the closed door meeting the VP had with the Emir of Kano on February 08. It's for our good. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by diegwu01: 10:19am On Feb 25, 2017 |
achieverme:Dis is deep. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:19am On Feb 25, 2017 |
Do the CBN governor report to the Minister of Finance or is the other way round? 1 Like |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Sebastine1994(m): 10:20am On Feb 25, 2017 |
This is just temporary relief. It is not all-. The Naira will continue to fall as against the dollar. Nigeria progress is pegged to the price of oil. We have a shortfall in the dollar. Unless we can export more thing we would be losing. What does nigeria have to sell. Oil is the mainstay |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:20am On Feb 25, 2017 |
naturefellow:If I prophesy that you would be rich in few months time you wouldn't believe and would assume that am psyching you. But if I tell you that there's danger ahead and that don't pass some locations, you would be inquisitive and may want to know why.When got to know, there's the tendency that would be cautious but if you ignore and prophecy comes t pass,you wouldn't risk any other prophecy. So if TB prophesy bad prophecy, it's left for Nigerians to pray to avert it but if we keep abusing the prophets God would intentionally allow the prophecy to come to pass.So most times,we are cause of the manifestation of the prophecy not the messenger. The messenger's job is to deliver messages while the receiver is to act on it 1 Like |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by diegwu01: 10:21am On Feb 25, 2017 |
gypsey:i got for 410 yesterday morning in MMIA. maybe i would have paid less if i waited till evening 1 Like 1 Share |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:22am On Feb 25, 2017 |
achieverme:i doubt it, look! My friend you are in denial $$$ is not 400 okay! I can understand your optimism and hope. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:23am On Feb 25, 2017 |
unclezuma: Is all good bro. But these days am just wondering why rice became the biggest of all problems to Nigerians. Rice protest is bigger than protest for electricity failure and other decaying infrastructure. But why |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Monjerk: 10:24am On Feb 25, 2017 |
Difference between Buhari and Osibanjo, Osibanjo tell Emefiele to do whatever he has to do in order to strengthen the naira. While Buhari tell Emefiele to do whatever I ask you to do to strengthen the naira. Now we can see the difference. Buhari is not an economist but believe he knows what to do and refuse to give those economist free hand to operate. Osibanjo is now giving Emefiele free hand. It is like telling him do what ever you have to do in order for naira to be strengthen or I will sack you, in that case you will have to approve what ever he want to implement and after that if there is no improvement, you can fire him for incompetent. It seems we are beginning to getting it right. 1 Like |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:24am On Feb 25, 2017 |
diegwu01:really? You don't say! well..for how long will it stay at 410? You think |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 10:24am On Feb 25, 2017 |
gypsey: It is 480-460. And I see that as a big improvement from 520 |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by lonelydude: 10:25am On Feb 25, 2017 |
gypsey: Bros, cool down.It's a gradual process.No one expects the Black marketers to comply immediately.The change effect can only be experienced in a matter of days or weeks provided the dollar doesn't go up again. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:25am On Feb 25, 2017 |
correctguy0900: My brother dollar price has never affected power generation go Ladipo go hear things things and goings onto dollar matters. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by devvland(m): 10:25am On Feb 25, 2017 |
adioolayi: Indeed. Nigerians are so full of crap. Just a few days ago Osinbajo was a mere commissioner who was there as part of the scenery. Now every Tom, Dicck, & Harry is calling him the man with the midas touch. No doubt Osinbajo has a different from Buhari. But Ask yourself, though (ye that refuse to think for thyself) will Osinbajo execute any policy outside the context of Buhari's agenda? Clearly, it smells like Esau, tastes like Esau, and feels like Esau...but is indubitably the some of Jacob. 1 Like 1 Share |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by pat077: 10:26am On Feb 25, 2017 |
All I want is for God to shame all those fake prophet who don't wish the country well just bcoz they want make head-lines on national dailies. |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nellybii: 10:30am On Feb 25, 2017 |
gypsey: So how much is it? |
Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 10:31am On Feb 25, 2017 |
achieverme:ofcourse! But not 400 as mentioned on here, i am sure you agree . Infact some one else on here says they exchanged for 410 yesterday morning at the Airport, so how did you come up with 480-460? You see why all the stories are contradictory? Who is telling fallacy? |
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