Ifyan's Posts
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Did I just read that the Gov. was advised to go to the D.Gov. wife as first lady. Kai! My people. Hmmmm |
redsconsult:I disagree with you |
I so much love this country. But I think they don't welcome immigrants that much. |
oluwalfa:My bro if were in his shoes will you make such statement. PMB shouldn't make such because of the sensitivity of his position in the country. |
I hope everyone is reading this. No that fighting for them in NL is senseless but the real fight is going on in the complex. So be wise, You know. ........ |
You can Follow me on twitter@https://twitter.com/ naira usd For more information |
redsconsult:Believe me corruption is not NIGERIAgreatest problem but our THINKING MENTALITY |
Exchange Rate for Dollar-Naira, Thursday 23rd July 2015 http://www.nairausd.com/2015/07/exchange-rate-for-dollar-naira-thursday_23.html https://twitter.com/ |
Considering crating a THREAD FOR EXCHANGE RATE OF EURO TO NAIRA. But it hasn't been easy getting information for euro. Though there will be a break through. Hey Pals follow on twitter@nairausd.Your encouragement will boost my MORALS to do more. https://twitter.com/ THANKS
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Considering crating a THREAD FOR EXCHANGE RATE OF EURO TO NAIRA. But it hasn't been easy getting information for euro. Though there will be a break through. Hey Pals follow me on twitter@nairausd.Your encouragement will boost my MORALS to do more. THANKS
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Exchange Rate for Dollar-Naira, Thursday 23rd July 2015 http://www.nairausd.com/2015/07/exchange-rate-for-dollar-naira-thursday_23.html https://twitter.com/ |
Don't wait for the GOVERNMENT to do all. We all have a role to play |
Considering crating a THREAD FOR EXCHANGE RATE OF EURO TO NAIRA. But it hasn't been easy getting information for euro. Though there will be a break through. Hey Pals follom on twitter@nairausd.Your encouragement will boost my MORALS to do more. THANKS
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Exchange Rate for B Pound-Naira, Thursday 23rd July 2015 http://www.nairausd.com/2015/07/exchange-rate-for-b-pound-naira_23.html |
Dharniel:What did you by that. Sorry to our upcoming generation who have this I don't care attitude of the affair of the Nation. |
By Adewale Sanyaolu NIGERIA’S bid to shore up its oil revenue base may have suffered a setback as the International Monetary Fund (IMF) has predicted that the country’s oil earnings would slip to $52 billion in 2015 from $88 billion in 2014. The latest oil projection for the country is contained in the Article IV Consultation Staff Report of the IMF, released recently. This represents a reduction of six percentage points in the nation’s Gross Domestic Product (GDP), and would reduce its external current account balance as well as international reserves. The IMF maintained that Nigeria’s outlook for growth is expected to moderate as the economy adjusts to permanently lower oil prices, adding that fiscal oil revenues are projected at 3.4 per cent of GDP, down from 5.8 per cent last year, limiting fiscal spending. It equally stated that aggregate demand shocks could lower growth by about 1.5 percentage point from last year to 4.3 per cent this year, adding that the overall impact on non-oil sector GDP will come from cuts in public investment and a reduction in real purchasing power of oil receipts. The global financial body said the depreciation of the local currency will add to inflation, reflecting the pass-through of higher domestic prices for imports, stressing that the effect is likely to be contained, in part, due to lower food prices from increased local production of staple food crops. According to the IMF, the outlook is compromised by low fiscal and external buffers, which have reduced the capacity to absorb shocks relative to the experience of the 2008-09 financial crises, even as it admitted that the government has expressed its determination to implement appropriate measures to manage risks. “They agreed that the oil price shock is significant and, at least in part, permanent, but saw a smaller effect on economic activity owing to measures targeted at sectors critical for growth (agriculture, power, small enterprises) and the impact of remittances. They noted that rising food self-sufficiency would limit the pass-through to inflation and activity in housing construction would continue,” it said. It, however, noted that Nigeria’s exports to Economic Community of West African States (ECOWAS) countries have been increasing from $1 billion in 1990 to about $6 billion in 2013. It pointed out that the growing cross-border activity of Nigerian-based banks has increased the scope for spillovers through financial channels, along with regulatory and supervisory challenges. It maintained that the implementation in January of the Common External Tariffs (CET) for ECOWAS member countries is expected to reduce incentives for informal trade and simplify Customs procedures, potentially increasing recorded trade volumes. “Moreover, the slowdown in Nigeria will adversely affect informal exports to Nigeria. Anecdotal evidence indicates that goods that are subject to import restrictions in Nigeria have become key export goods for neighbouring countries. Source:http://www.nairausd.com/2015/07/nigerias-oil-revenue-drops-to-52bn-says.html
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The simple truth to this is not far fetched. Government need to lower their dependency on CRUDE OIL and encourage local production. No two ways about it with long stories. I believe you all understand |
This will really be a big minus to PMB government. Remember his statement. |
Bobskylo:Keep observing |
Thread For Dollar To Naira Daily |
Exchange Rate for Dollar-Naira, Wednesday 22nd June 2015 http://www.nairausd.com/2015/07/exchange-rate-for-dollar-naira.html This is really what's on ground in now in major market across the country
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Exchange Rate for B Pound-Naira, Wednesday 22nd July 2015 http://www.nairausd.com/2015/07/exchange-rate-for-b-pound-naira_22.html |
Long time everyone |
Exchange Rate for Dollar-Naira, Wednesday 22nd June 2015 http://www.nairausd.com/2015/07/exchange-rate-for-dollar-naira.html |
Long time everyone. |
Exchange Rate for Dollar-Naira, Wednesday 22nd June 2015 http://www.nairausd.com/2015/07/exchange-rate-for-dollar-naira.html |
Can't believe after the trouble he went through its only a figure not more than N500. |
I blame we the electorate for the kind of leaders that we have. |
Ridwanna:With you bro |
What of Mao of China |
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