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What Can Five Naira Note Buy Nowadays? - Business (9) - Nairaland

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Re: What Can Five Naira Note Buy Nowadays? by sammy7410(m): 7:42pm On Sep 23, 2020
E fit buy u 4 my area

Re: What Can Five Naira Note Buy Nowadays? by Yankee101: 7:43pm On Sep 23, 2020
remsonik:


No more akara for 5 naira, it's 10 naira and even a reasonable size is 50 naira

Wow, naija don scatter
Re: What Can Five Naira Note Buy Nowadays? by Corroro: 7:49pm On Sep 23, 2020
Actually there are very few things it can buy, most business people don't even have them in their possession, but why will they, when they can send or receive money from any bank with zero account maintenance fee at https://on.fcmb.com/online-account-business3

1 Like

Re: What Can Five Naira Note Buy Nowadays? by sammy7410(m): 7:52pm On Sep 23, 2020
E go buy APC flag 4 my area

Re: What Can Five Naira Note Buy Nowadays? by Obione2: 7:54pm 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 doubt if i have even touched that this year.
Re: What Can Five Naira Note Buy Nowadays? by dalass(f): 8:00pm On Sep 23, 2020
Olibboy:
white garment church do request for naira denomination as well

Really?

No difference between some of them and native doctors
Re: What Can Five Naira Note Buy Nowadays? by watchindelta(m): 8:07pm On Sep 23, 2020
Notatribalist:
Thank you,just like the way Ghana did theirs.. Thats why people think Ghana CEDI's is powerful. Not knowing they took out 4 zeros from it..If Nigeria takes away 4zeros from Naira 1,000000 naira will turn to 100naira.
no ghana cedi is strong now, 1euro is 56cedi, 1 euro is 533naira

1 Like

Re: What Can Five Naira Note Buy Nowadays? by Nobody: 8:17pm On Sep 23, 2020
flemblem:
what is your zodiac sign?
Re: What Can Five Naira Note Buy Nowadays? by Nazgul: 8:23pm On Sep 23, 2020
Oluwaseunbandur:


This piece is shit is stale
You can't even speak good English.. read what you just posted

1 Like

Re: What Can Five Naira Note Buy Nowadays? by UyaiIncomparabl(f): 8:30pm On Sep 23, 2020
SirMichael1:
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.

In 1995, you were just 2 years old and barely even had any knowledge. Stop trying to act all grown and mature online when back there, you and I know that you are nothing but an ant.
Re: What Can Five Naira Note Buy Nowadays? by Notatribalist(m): 8:30pm On Sep 23, 2020
watchindelta:
no ghana cedi is strong now, 1euro is 56cedi, 1 euro is 533naira
Don't say what you don't know..yes 1 euro is 56 CEDI's as of today.. Now let's add 4 zeros to the cedis. 1euro=56 cedis +0000=560000..it's because of the 4 zeros the Ghana government removed from their currency that makes it sound powerful in exchange market..But such power does not reflect on the economy..
Re: What Can Five Naira Note Buy Nowadays? by flemblem(m): 8:33pm On Sep 23, 2020
[quote author=dracula95 post=94235876][/quote]
Virgo
Re: What Can Five Naira Note Buy Nowadays? by oluwashedy: 8:37pm On Sep 23, 2020
E don tey wey I see 5 naira o
Re: What Can Five Naira Note Buy Nowadays? by Olibboy: 8:38pm On Sep 23, 2020
dalass:


Really?

No difference between some of them and native doctors
Exactly! we serve the same God buh we serve it different ways
Re: What Can Five Naira Note Buy Nowadays? by themanderon: 8:39pm On Sep 23, 2020
remsonik:


Can the currency rate be improved? How can it be improved?

Build new refineries and repair the old ones, this will minimize the demand for the dollar used to import a finished product that we have its raw materials in abundance. Encourage local production of goods this will minimize the need for imported goods then kill all corrupt government officials. This model is used to great effect in China. They don't spare corrupt officials.
Do these 3 little things and the effects will be felt in no time. But our leaders would rather perish than do them.

1 Like

Re: What Can Five Naira Note Buy Nowadays? by Skmoda(m): 8:44pm On Sep 23, 2020
Olibboy:
#5 since when?....yhu will hear 3 for #20.

Yhu can also use #5 to do ritual when they request for all naira currency.
ritualist baba....tuale
Re: What Can Five Naira Note Buy Nowadays? by kingsolomonjnr01(m): 8:48pm On Sep 23, 2020
I tear it apart whenever I saw it
Re: What Can Five Naira Note Buy Nowadays? by meobizy(f): 8:54pm On Sep 23, 2020
I haven’t seen one in the longest time. If I do I’ll stack it with nineteen others so I can spend it on something reasonable.
Re: What Can Five Naira Note Buy Nowadays? by jacoik(m): 9:09pm On Sep 23, 2020
Madibah:
It can buy u embarrassment
lolxxxxx hahahaha aswear guy u dey mad oooooo
Re: What Can Five Naira Note Buy Nowadays? by SirMichael1: 9:12pm On Sep 23, 2020
UyaiIncomparabl:


In 1995, you were just 2 years old and barely even had any knowledge. Stop trying to act all grown and mature online when back there, you and I know that you are nothing but an ant.
Good evening.
Re: What Can Five Naira Note Buy Nowadays? by BennyDGreat: 9:26pm On Sep 23, 2020
Notatribalist:
Thank you,just like the way Ghana did theirs.. Thats why people think Ghana CEDI's is powerful. Not knowing they took out 4 zeros from it..If Nigeria takes away 4zeros from Naira 1,000000 naira will turn to 100naira.


If you take all the zeros away and don't find a way to balance the trade between import and export. It's still practically the same. Nigeria's export must considerably increase

1 Like

Re: What Can Five Naira Note Buy Nowadays? by BigBashiru: 9:26pm On Sep 23, 2020
Corroro:
Actually there are very few things it can buy, most business people don't even have them in their possession, but why will they, when they can send or receive money from any bank with zero account maintenance fee at https://on.fcmb.com/online-account-business3

U wee meet your target!
Re: What Can Five Naira Note Buy Nowadays? by Notatribalist(m): 9:44pm On Sep 23, 2020
BennyDGreat:



If you take all the zeros away and don't find a way to balance the trade between import and export. It's still practically the same. Nigeria's export must considerably increase
What point are you trying to make?use Ghana economy as a reference
Re: What Can Five Naira Note Buy Nowadays? by AdemolaA2: 9:45pm On Sep 23, 2020
1 Tom Tom from Aboki
Re: What Can Five Naira Note Buy Nowadays? by LikeAking: 9:45pm On Sep 23, 2020
chingle5:


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...

Correct.
lecturers are also a big problem in this country.
If I catch dem eehh!.
Re: What Can Five Naira Note Buy Nowadays? by LikeAking: 9:51pm On Sep 23, 2020
BennyDGreat:



If you take all the zeros away and don't find a way to balance the trade between import and export. It's still practically the same. Nigeria's export must considerably increase

Export is not the problem here.

Many countries export less but they have a stable economy.A good eg are some middle east countries that depend on only oil like Nigeria,but them get good packaging and good leaders.

Make I name some of those countries?.
Qatar
jordan
Dubai
UAE nations
dem plenty
Re: What Can Five Naira Note Buy Nowadays? by Nobody: 10:29pm On Sep 23, 2020
just a cube of maggi and saccharin sweet.
Re: What Can Five Naira Note Buy Nowadays? by watchindelta(m): 10:43pm On Sep 23, 2020
Notatribalist:
Don't say what you don't know..yes 1 euro is 56 CEDI's as of today.. Now let's add 4 zeros to the cedis. 1euro=56 cedis +0000=560000..it's because of the 4 zeros the Ghana government removed from their currency that makes it sound powerful in exchange market..But such power does not reflect on the economy..
cedis to 1 NGN = 0.0149334 GHS
1 GHS = 66.9638 NGN so I dnt kn what you are saying, does naira reflect on our economy?
Re: What Can Five Naira Note Buy Nowadays? by UyaiIncomparabl(f): 10:47pm On Sep 23, 2020
SirMichael1:
Good evening.

Save it.
Re: What Can Five Naira Note Buy Nowadays? by Notatribalist(m): 10:48pm On Sep 23, 2020
watchindelta:
cedis to 1 NGN = 0.0149334 GHS
1 GHS = 66.9638 NGN so I dnt kn what you are saying, does naira reflect on our economy?
Add the 4 zeros back to cedis and you can do your exchange again..
Re: What Can Five Naira Note Buy Nowadays? by temielects(m): 11:10pm On Sep 23, 2020
You dahn know 10k is the new 1k wink
Re: What Can Five Naira Note Buy Nowadays? by Olibboy: 11:15pm On Sep 23, 2020
Skmoda:
ritualist baba....tuale
Omo awo, Agba awo..yhu are too much ⭕

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