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What Can Five Naira Note Buy Nowadays? - Business (6) - Nairaland

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Re: What Can Five Naira Note Buy Nowadays? by LikeAking: 3:40pm On Sep 23, 2020
do4luv14:


Thats the truth , its what we are facing as a nation,

imagine to inflation, the endless increase left, right, and Center,

then ask yourself, of what use is Minimum wages, as of today?

Its a big shame.

From my childhood I have been hearing about the jonzing od Nigeria.

In adulthood I am still hearing about this Naija nonsense.




Re: What Can Five Naira Note Buy Nowadays? by Nobody: 3:42pm On Sep 23, 2020
remsonik:
Our currency rate is really dropping down this days and this has been bothering me for a long while. I saw some five naira notes. It's been in my purse for some few weeks but I don't see what five naira can buy this days. Yet the CBN still prints it out. Is the five naira note going extinct?

Palm wine.

Hot dog.

Tobacco.

Snuff.

Bitter Kola.

In the hinter village.

1 Like

Re: What Can Five Naira Note Buy Nowadays? by Olibboy: 3:42pm On Sep 23, 2020
optimusprime2:
[/i]
Savage! grin
#5 has it own value...lol

3 Likes

Re: What Can Five Naira Note Buy Nowadays? by LifeOfTrigga(m): 3:43pm On Sep 23, 2020
remsonik:
Our currency rate is really dropping down this days and this has been bothering me for a long while. I saw some five naira notes. It's been in my purse for some few weeks but I don't see what five naira can buy this days. Yet the CBN still prints it out. Is the five naira note going extinct?
I No even dey see the money again self
Re: What Can Five Naira Note Buy Nowadays? by biomedics(m): 3:45pm On Sep 23, 2020
In my area, presently nothing.
Re: What Can Five Naira Note Buy Nowadays? by Olatlaccon(m): 3:45pm On Sep 23, 2020
chai....e don try I see am sef...even if pikin see. road he no go pick am
Re: What Can Five Naira Note Buy Nowadays? by SeunAdeniyi1(m): 3:46pm On Sep 23, 2020
Faller:


send me your account number
Bros abeg no forget me.
Hunger wan finish me abeg.
My account is in signature plsss
Re: What Can Five Naira Note Buy Nowadays? by femi4: 3:46pm On Sep 23, 2020
remsonik:
Our currency rate is really dropping down this days and this has been bothering me for a long while. I saw some five naira notes. It's been in my purse for some few weeks but I don't see what five naira can buy this days. Yet the CBN still prints it out. Is the five naira note going extinct?
maybe groundnut
Re: What Can Five Naira Note Buy Nowadays? by Satoshi9ja: 3:47pm On Sep 23, 2020
5 BTC
Re: What Can Five Naira Note Buy Nowadays? by oloriT(f): 3:48pm On Sep 23, 2020
Nothing o.i had this #5 note in my bag for weeks. Can't remember how I got it sef. Nothing to do with it, I can't even dash it out.
Re: What Can Five Naira Note Buy Nowadays? by N100: 3:49pm On Sep 23, 2020
Dalil8:
By 2022, N100 would be totally useless.

Buhari till 2040 grin

God forbid cry

1 Like

Re: What Can Five Naira Note Buy Nowadays? by bizhop01: 3:51pm On Sep 23, 2020
Can only buy love
Re: What Can Five Naira Note Buy Nowadays? by Joliemoi247: 3:52pm On Sep 23, 2020
remsonik:
Our currency rate is really dropping down this days and this has been bothering me for a long while. I saw some five naira notes. It's been in my purse for some few weeks but I don't see what five naira can buy this days. Yet the CBN still prints it out. Is the five naira note going extinct?

Pls save the note to show children that this existed before.
Re: What Can Five Naira Note Buy Nowadays? by Mekas2016(m): 3:55pm On Sep 23, 2020
So painful as of this morning the guy that's does exchange for me told me it is now 1 euro to 500naira!
Thank God I left Nigeria. Buhari really failed us big time.May God in his infinite mercies make a way for my dear country.
Re: What Can Five Naira Note Buy Nowadays? by chingle5(m): 3:56pm On Sep 23, 2020
LikeAking:


Thats Naija for you.

The shit is till getting worse.


This is why I keep thinking that anything that pays in dollars is the way forward cos I think Nigeria is experiencing abnormal inflation not like that shit they say in economics ie increase in price of things and increase in salaries bt for naija na increase in price of things and fix position in salary which equals to enslavement and suffering foolish country... If school resume I want to focus fully on online businesses... Instead of kill myself on lectures that one useless lecturer will still end up failing me...

2 Likes

Re: What Can Five Naira Note Buy Nowadays? by PurestBoy(m): 3:57pm On Sep 23, 2020
feedthenation:
Does ₦5 still exist?

Maybe enough to buy 2 tomtom

TomTom is N10 each
Re: What Can Five Naira Note Buy Nowadays? by omogerohprecious(m): 3:57pm On Sep 23, 2020
post=94224704:
Checking........

Needle

kuli kui

One Piece Of Maggi

Small groundnut which is not up to ten!

zoom chingum

Banana chewing gum


But to reply as a typical Nairalander, we will say

G-wagon,

Happiness

and

A pack of INSULT!!!

Nigeria will be great again someday, if not in our lifetime, it will be in the lifetime of our children.

We Rise!
 

Which brand Aunty Fatymore

You know very much that N5 cannot be used to get any of the listed. 5naira can buy nothing
Re: What Can Five Naira Note Buy Nowadays? by trilacos: 3:58pm On Sep 23, 2020
#5 is as useless as the 'p' in psychology
Re: What Can Five Naira Note Buy Nowadays? by cray91(m): 3:58pm On Sep 23, 2020
for your mind, tomtom sef na 10naira for one
feedthenation:
Does ₦5 still exist?

Maybe enough to buy 2 tomtom
Re: What Can Five Naira Note Buy Nowadays? by Original4u(m): 4:00pm On Sep 23, 2020
feedthenation:
Does ₦5 still exist?
Maybe enough to buy 2 tomtom
Na 20 naira I dey buy Tom Tom for my area.
Re: What Can Five Naira Note Buy Nowadays? by Marvins0009: 4:03pm On Sep 23, 2020
remsonik:
Our currency rate is really dropping down this days and this has been bothering me for a long while. I saw some five naira notes. It's been in my purse for some few weeks but I don't see what five naira can buy this days. Yet the CBN still prints it out. Is the five naira note going extinct?



White risler 1 sheat for my side to puff weed
Re: What Can Five Naira Note Buy Nowadays? by bukatyne(f): 4:03pm On Sep 23, 2020
feedthenation:
Does ₦5 still exist?

Maybe enough to buy 2 tomtom

One is N10 cry embarassed
Re: What Can Five Naira Note Buy Nowadays? by Thiijhay(m): 4:10pm On Sep 23, 2020
#5 is needed when man wan go carry him wife for her papa house.. The MC go ask you " oko iyawo hope u have all the Nigeria currency with you"? So #5 must be included.
Re: What Can Five Naira Note Buy Nowadays? by HoluGraze: 4:12pm On Sep 23, 2020
This denomination have been with me for the past few months
I can't purchase anything with it
Re: What Can Five Naira Note Buy Nowadays? by Notatribalist(m): 4:13pm On Sep 23, 2020
Stevecreativex:


How, Can you explain better??
As we speak today if you change 100 CEDI's, you will get 7,000 in naira..Then you start wondering how just 100 CEDI's turned to 7,000 naira..Here is the secret..

In 2007 Ghana CEDI's was doing so badly that they decided to remove 4 zeros from their currency note..so the 100 CEDI's you see today is actually 100 CEDI's +0000= 1,000000...So as at 2006 if you wanted to change CEDI's to naira and get 7k equivalent, you would need to have 1million CEDI's.. Meaning 100 CEDI's of today is actually 1million CEDI's, they only took away the zeros to make the exchange rate powerful.. But such power does not reflect on the economy.

1 Like

Re: What Can Five Naira Note Buy Nowadays? by Original4u(m): 4:14pm On Sep 23, 2020
WaleRock:


N5 would also have lost its value by now if PDP were in government, because all politicians are from among us as a people.
There is nothing evil that our political office holders do in positions of power that the masses don't do to one another.

They inevitably portray or demonstrate who we are collectively as a people.

When we begin to love one another, our love for God will matter and He will no longer punish us with bad leadership.


You are almost correct, if not for your first paragraph.
Let's stop defending mediocrity sir.

This administration is not doing very well and it's obvious when you compare it to previous administrations.

It's even more glaring looking at it from the point of view of the OP when she asked, what can 5 naira buy for you now? the answer is nothing. and that's not good enough sir.

2 Likes

Re: What Can Five Naira Note Buy Nowadays? by darlenese(f): 4:15pm On Sep 23, 2020
Two of it can buy u sachet water
Re: What Can Five Naira Note Buy Nowadays? by Kazim88: 4:15pm On Sep 23, 2020
LikeAking:
Save Nigeria from naughty politicians.

Join The Nigerian Communist Movement

Communist movement bawo
Re: What Can Five Naira Note Buy Nowadays? by SirMichael1: 4:16pm On Sep 23, 2020
I used to buy maggi, 2 for 5 naira and 5 for 10 naira. Now i buy maggi 4 for 20 naira and that's not even the worse. The worse is that, at 1995, when i got my first job, i was being paid 70kobo monthly and that would be enough to restock my garri, rice, beans, meat, fish, make soup and stew for a whole month. Now i can't even get a cube of maggi for 5 naira.

3 Likes

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