₦airaland Forum

Anambra amaka

Dahveydson:
Lol

It's funny how we don't get this updates when the naira is gaining against the dollar. Anyway, bad news get the most attention these days.

It always updated daily

https://www.nairaland.com/2179109/thread-dollar-naira-daily

http://www.nairausd.com/?m=1

It for daily rate

Exchange For Euro To Naira, 17th Thursday March 2016

http://www.nairausd.com/?m=1

Exchange Rate for B Pound-Naira,17th Thursday March 2016

http://www.nairausd.com/?m=1

Exchange Rate Of Dollar To Naira, 17th Thursday March 2016

Exchange Rate Of Dollar To Naira, 17th Thursday March 2016

Africans and it. ..

Falling prices of crude oil and other export commodities have exposed the weakness in Nigeria and other Africa countries’ economies.



The naira and other key African currencies are down following the slump in commodity prices, exposing the fundamental economic frailties of the world’s poorest continent, according to Reuters.

The development has also driven up inflation in most countries including Nigeria where most manufactured goods are imported.

The economic problems are growing in countries from South Africa, a major producer of minerals and precious metals, to nascent natural gas producer Mozambique and Nigeria, the continent’s top exporter of crude oil.

Inflation, which many African economies had contained in recent years, is picking up pace as currencies crumble, driving up the prices of the goods they do not produce, and so need to import the vast majority of manufactured products.

Even where central banks have introduced additional measures in an attempt to maintain stability, such as Nigeria, which has introduced capital controls, inflation is picking up.

Inflation in Nigeria, which fell from close to 14 per cent in 2010 to below eight per cent in 2014, has been gathering pace and hit 9.6 per cent in January.

In Mozambique – which has vast natural gas deposits – inflation was 12.18 per cent in January, the third straight month of double-digit price increases, fuelled by a 30 per cent depreciation in its metical currency in the past 12 months.

Angola, Africa’s third-.......

Read more@http://www.nairausd.com/2016/03/oil-slump-exposes-weakness-in-african.html?m=1

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Anambra adigo mma

Welcome development.

But

Welcome to CHANGE

I don't think census will hold this year plus it is not in National budget

Please when will this man tour Nigeria on his next visit so that he will feel the reality on ground.

Against the backdrop of Nigerian equities market’s bearishness, which experts blamed on the sliding value of the Naira against the dollar, which made foreign portfolio investors to dump their shares, a notable international investment advisory agency –



The Credit Suisse – in its Investment Solutions & Products (IS&P) team’s report, published in late last year, on opportunities to invest in select emerging markets in 2016, had excluded Nigeria and other African countries but points to stock markets that are in Asian countries where inflation is low, currencies are stable and countries import more commodities than they export – specifically, India, South Korea, and Taiwan.

The report describes India’s economy as large and domestically oriented, offering a buffer in the event of a further slowdown in China or weaker-than-expected growth in the developed world.

“Indian’s GDP expects to expand by 7.3 per cent in 2016, up from 6.9 per cent in 2015,” the report reveals.

South Korea and Taiwan, according to the report, are expected to be relatively immune to the deleterious effects of any further U.S. dollar appreciation in 2016.

Specifically, South Korea, the report further reveals, is emerging world’s largest........

Read more@http://www.nairausd.com/2016/03/nigeria-missing-in-global-investment.html?m=1

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God bless us

God knows why He created us this way.

If you watch how female boss, madam treat her fellow women you will know that all this equality they are screaming is false

Lets say the truth how many men will give his wife are so called equality right

nnachukz:
Only PDP supporters buy things at higher cost. This statement happens when a politician knows his supporters are zombies , who keep suffering and smiling even as they die gradually and certainly.

They know the truth but live in denial.

Tallesty1:
Has anything ever come out of their endless reaction? Most of our women are lazy politically, they aren't even current on the affairs of this country.

When men are treading on thorns while planning and scheming on how to run the country, they are busy painting nails, bleaching their skins, imitating the life of their favourite celeb and posting almost unclad pics online to get likes.

When the plans mature and things pan out accordingly they(women) will start talking about equality.

Who reaps where he didn't work?

There are alotta things they could have done to ensure the bill is passed but how many of them even know that such bill exist?

You said the truth.

Lets be sincere with ourselves no matter how many rights are giving to women they will abuse it.

psucc:
Yes it was anticipated.
The change we have is not the change we needed.

No economic plan from this current administration.

Though this was anticipated

Oga PMB we want action not discussion as usual

What are the results of what you said.

Nigerians remember this government for their game play.

If this is true, then a welcome development.

But this should not be way of propagating false new.

Nigerians be wise.

The National Bureau of Statistics on Tuesday stated that an increase in major food items such as fish, vegetables and bread pushed the Consumer Price Index, which measures inflation, from 9.6 per cent in January to 11.4 per cent in February.



The 11.4 per cent for February, which is the highest in almost three years, is an increase of 176 basis points from what was recorded in January.

The last time Nigeria recorded a double-digit inflation rate was in December 2012.

The bureau stated that the faster pace of increase, which led to the overall rise in the headline index, was recorded across almost all major divisions that contributed to the Headline index, with the exception of the restaurants and hotels division.

For instance, the report stated that after increasing at the same pace for two months, the Food......

Read more@http://www.nairausd.com/2016/03/inflation-rises-to-three-year-high-at.html?m=1

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Fear North remember.

Don't be fooled

Tomorrow somebody will scream that the north is free from most social and economic vices. Because of underground job.

Not even that they do this openly but because of their nature the media wouldn't report it.

Thank God that media and everyone are now clever to see the reality.

Fayose=The fearless man from SW

Fayose=The Grand Slayer of APC and PMB Government.

This will one of the controversial election campaign and election in U.S.A

persius555:
Exactly my thought too. This govt speaks from both side of the mouth. You can win an election by propaganda and deciet but you can rule a country with it.

Simply the truth

Exchange For Euro To Naira, 15th Tuesday March 2016

http://www.nairausd.com/2016/03/exchange-for-euro-to-naira-15th-tuesday.html?m=1

Exchange Rate for B Pound-Naira,15th Tuesday March 2016

http://www.nairausd.com/2016/03/exchange-rate-for-b-pound-naira15th.html?m=1