₦airaland Forum

At Abuja Airport: To buy Dollar = 171 Naira: 1 $
To sell = 1$ : 168Naira

Moderators, why are my posts being deleted?

One could actually forcast if the naira will appreciate or depreciate against the dollar.
Follow crude oil prices for Asia, North America and Europe. If there is a rise in crude price, there will be a corresponding rise in the value of the naira and vice versa.
This works because crude is traded in US Dollars.

today one greenback exchanged for 165 Naira in PH

$ slumped today on the news of the US govt. buying bonds and that made crude price jump. Remember crude is priced in USD.
165 naira xchanged for $1 in PH today.

Dollar bought for 165naira in PH

Hello Nairalanders, iam introducing solar powered lightings both for internal and external use. The samples would be available to view in Lagos and Port Harcourt by next week.
Interested parties could contact us per email: info@ckongroup.com

(1) Time to regulate the Forex market.
(2) Start finding alternative to crude oil
(3) Stimulate the economy
(4) Subsidy for alternative energy producers

IMF warns of slow African growth
The International Monetary Fund (IMF) has warned that Africa's economic growth will be affected by the continuing world downturn.

It predicts that growth in sub-Saharan Africa will slow to 3.25% in 2009, half the growth rate it previously thought.

The slump in commodity prices and the credit squeeze are the main culprits, the IMF said.

The report comes ahead of a major IMF conference on Tuesday in Dar-es-Salaam, Tanzania, to discuss how to respond.

The conference will discuss what external support the IMF and other Western donors may be able to provide to help mitigate the impact of the crisis on Africa, which has the highest poverty rate of any region in the world.

The IMF's managing director, Dominique Strauss Kahn, told the BBC that the conference would be a "milestone" and that he wanted to build a different kind of partnership with Africa, as well as providing additional funds.


CRUNCH TIME FOR AFRICA

World leaders will meet next month in London to discuss measures to tackle the downturn. Click here for to the G20 summit.
Only one African country will be represented at summit - South Africa
This week BBC World News and World Service Radio will be examining how Africa is coping with the crisis, with reports from around the continent

In recent years, many African countries have enjoyed strong growth rates, boosted by rising commodity prices, including oil.

"The gains of the past decade, during which many countries in sub-Saharan Africa saw sustained high rates of economic growth and rising income levels, are at risk," said Antoinette Sayeh, the IMF's African department director.

Less than a year ago, the IMF's forecast for sub-Saharan Africa was economic growth of 6.7% in 2009, an increase on the 5% growth enjoyed in 2008.

Now the low growth forecast means that many African countries are likely to see very little increase in living standards, and could fall further behind in meeting poverty targets.

It says that 15 of the 21 countries which it judges most vulnerable to the crisis are in Africa.

Widespread impact

The IMF says that many countries will not have the funds to protect the poor from the affects of the downturn and may need external help.

"While African policymakers are rising to this unexpected challenge, donors must also play their part. They must maintain their commitments and scale up, not scale back their support," it says.

Africa has little direct exposure to the credit crisis. Its banks have not invested much, if at all, in the problem financial assets at the heart of the crisis.

But the global downturn has undermined demand for many industrial commodities, which are important exports for several African countries. - including oil in Nigeria, Angola and Equatorial Guinea, and copper in Zambia.

Africa is also likely to be hit by reduced financial flows from abroad, including fewer remittances and less foreign direct investment.

However, providing more aid could prove controversial.

The IMF itself is expected to ask for a substantial increase in its funding at the G20 summit of world leaders in London next month.

But it is not certain such additional funds will be forthcoming.

As the IMF itself points out, historically foreign aid declines during an economic downturn.

New kingpins, new brakes, new rear shocks, new cab shocks, new acrylic urethane paint. Tires 65%+ rears, 80%+ front. Power divider lockout, a/c, cruise control, tilt and telescopic steering wheel, heated mirrors, level II interior. A/S 5th Wheel, Very nice truck!

VIN : 1M1AA18Y5TW069110
Year 1996
Manufacturer MACK
Model CH613
Price US $39,900
Location Imperial, Missouri
Condition USED
Engine Specs Mack
Engine Type E7
Horsepower 427
Mileage 584,048
Transmission T2130
Check for Over Drive No
Engine Brake Yes
Suspension Air Ride
Ratio 3.86
Tires 22.5
Wheels All Aluminum
Wheelbase 199"
Number of Rear Axles Tandem (Double)
Front Axle Lbs 12,000
Rear Axle Lbs 38,000

Promise72 is correct. This is a very tall order. Good luck @ poster with your search

Thank You

Thanks, Naijaking1

Does any one know the rate for today?

Dis Guy:
what do you guys do with the figures?

We use the rate to determine the best price to buy goods that will be sold in Nigeria. High dollar rate is not good for business unless one does not need to buy back dollar.

Iam starting this thread to monitor the velocity of the naira against the dollar. Please post you actual exchange rates daily. Thanks.
Today my agent confirmed that 1$ = 169 Naira

Funny how the pot calls the kettle black

gestapo, was genau meinst du mit deinen Post?

or here,

For all Nairalanders, you can read the press release of the BMW X6 for yourself @www.bmwx6.c0m/brochures/2009-BMW-X6-SAC.pdf
BMW X6 HAS NO THIRD ROW SEAT no matter what anybody or any website claims. End of discussion.

My Carfax Account is inactive at the moment, but there are others here that still have active accounts, please check with them. My account will be updated in March, Thank you

if the price of the car is extremely low compared to other cars in the same category, it might be a lemon or even lime

My advice to nigerians that live in Nigeria and are intending to buy heavy duty equipment from the US.

(1) Nobody will leave his business and start searching for trucks and other heave duty for you just because you indicate interest in buying.
(2) Stop asking people to send you the specs and pics by mail when u could search for those yourself online.
(3) Do your due diligence.

My two cents

Escalade

more

Typically here in the US most people use limousines for their weddings even high school kids rent limos for their Prom. Here are a few choices.

EZE B:
I am interested in purchasing a bulldozer for my quarry operations before the rainy season pls can any one help me with more information about a clean one and the price. I would also prefare to import it. my email add ezekwere2000@yahoo.com 08085562288

Eze, we have an affiliate company in PH and we can help u purchase you equipment.
Contact us per email. thanks

babeisme:
good brauneyes,
but couldn't you have gone without commenting? the car is still in working progress, as u can see, i took the pictures at the dvd shop because the owner could not wait to see it! thanks for ur observation though!

Keeping them honest, you r a good man

babeisme:
SO WHEN I TOLD THE OWNER OF THIS BABY SHE WAS ENTITLED TO AN I-PHONE, HER REACTION WAS "KI LON JEBEE" "WETIN BE I-PHONE"
I TRIED EXPLAINING BUT SHE SAID "I CAN HARDLY OPERATE MY NOKIA PHONE SO I WON'T BE ABLE TO OPERATE THE EYE-PHONE"  .

WELL, INSTEAD OF RIPPING MY CUSTOMER OFF HER FREE GIFT LIKE SOME DEALERS WOULD DO,
HER RIDE WAS PIMPED OUT BY BABEISME, AT ABSOLUTELY NO ADDITIONALCOST TO HER.

ITS SIMPLE. THE CUSTOMER DIDN'T WANT AN I-PHONE, SHE GOT THIS, INSTEAD

A 180 DEGREES TURNING DVD PLAYER. WITH USB CAPABILITY!

WOW!

Good job Babeisme, but couldn't they hide the screws from showing?

It is a free world, one could do whatever he/she wants and marry whoever is good enough for that individual.
I for one have a Naija girl and she is a rare gem with all her faults, i wouldn't trade her for any foreigner.
FYI i have seen it all having lived 8 years in Germany and now here in the US. Naija girls stand tall anywhere.(my opinion)

Martins00:
Hallo inspired_m,

ziemlich lustig was du da geschrieben hast . Natürlich können wir was zusammen abschließen. Ich habe dich 'ne E-mail geschickt.

@ Igwe 1

Thanks!

Ich muss mich mehrmals lachen. Inspired ha nicht nur einen Uebersetzer benutzt aber auch einen schlecteren.
Martins wo bist du in Deutschland? Ich studierte und lebte in Franfurt fuer mehr als 10 Jahren.