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'We Now Have Confidence In The Nigerian Economy - Deutsche Bank - Business (3) - Nairaland

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Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Alliswell248: 2:42pm On Mar 01
Thewrath:
That ayatollah death will continue to pain you,until it’s Nigeria’s turn.
He is not related to ayatollah.
Typical sore losers, always derailing threads.

Emergency lovers of Nigeria
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Kemetian(op): 2:44pm On Mar 01
musicwriter:
Tinubu's reform will pay off in the long run. It's just that we're living in the transition period of the reform, that's why we can't see it.
Exactly. Nigeria 5 years from now will be a place worth being in, I swear. cool
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Princedapace(m): 3:05pm On Mar 01
demstone:
D FACT DAT U CAN NOW USE UR NAIRA CARD ANYWHERE IN D WORLD 4 D 1ST TIME IN A LONG TIME, SAY'S IT ALL... NAIRA STEADLY AND CONTINUOSLY GAINING VALUE AGAINST D DOLLAR IS ANODA SIGN
hahahaaha, it was there under Jonathan, so what's up? A mess created by APC, they are celebrating ?
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Kemetian(op): 3:08pm On Mar 01
Femimichael99:
Until we have someone outside to tell us how our economy is doing, we inside should be the one to tell if the economy is doing well or not. Just so funny looking for someone outside to tell us the truth.
Why outside testimony is important is because that's the source of the investment capital that will fuel our economic expansion. Our economic explosion.

So the source of investment capital to the potential tune of hundreds of billions of dollars, if not trillions, from Beijing to Brussels, from London to Las Palmas, and from Paris to Tokyo, is now saying "We trust our capital in this country."

THAT'S HUGE.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Originalsly: 3:25pm On Mar 01
Confidenc to come in and exploit and get their money out Europe is struggling ... the feeding tube from Niger etc has been cut off ....why not turn to Nigeria as an alternative? Are the citizens in any way feeling the effects?...are they seeing improvements in their standard of living? Fastest growing economy ...most promising country etc means nothing if the ordinary man remains struggling to survive .... and not seeing any light at the end of the tunnel.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Bambillo: 3:27pm On Mar 01
Thank God for the arrival of Jagaban. Tinubu till 2031, insha'Allah.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Thewrath: 3:48pm On Mar 01
Alliswell248:
He is not related to ayatollah.
Typical sore losers, always derailing threads.

Emergency lovers of Nigeria
When he was mentioning obi,he was not derailing Abi,if ayatollah’s pain you too,do your worst!
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Abaziaka: 3:53pm On Mar 01
SkyBizzy:
These things only happen on papers, it doesn't translate to reality.

As I am right now, my eyes are turning me due to hunger. I just hate myself and everything pisses me off.
You'll work like an elephant, yet have nothing to show for it. I'm tired seriously
Because you're not living in reality
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by tnerro1(m): 4:00pm On Mar 01
Election propaganda has started, after elections, things will go back to how it was
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by grandstar(m): 4:02pm On Mar 01
Mattswaggz:
All this and many more was heard during bubu administration only for same praise singers/propagandist to turn on him as soon as he left office. undecided .
Wrong. Many foreign institutions condemned Buhari restrictive Fx policies, especially the subsidization of fx which decimated the economy.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by kunleham: 4:02pm On Mar 01
SkyBizzy:
These things only happen on papers, it doesn't translate to reality.

As I am right now, my eyes are turning me due to hunger. I just hate myself and everything pisses me off.
You'll work like an elephant, yet have nothing to show for it. I'm tired seriously
You're quite right, when tough reforms are being embarked upon in an economy, after a long time of economic mismanagement, it usually takes time to reflect on the micro economy. The first impacts are on the macro, then it will trickle down over time with consistency in policy implementation. Don't lose hope, all of us will surely feel the impact!
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by grandstar(m): 4:15pm On Mar 01
Richtaiwo:
Running an economy is not the same as importing spare parts from China in containers, no matter what the roadside groundnut politicians insist.

While Tinubu is attempting structural reform by letting the naira reflect reality (painful but necessary), the “chop-and-clean-mouth” politicians, cheered on by illiterate bunch of headless mobs, simply want the old cosmetic trick of forcing the dollar down, even if it means draining reserves and repeating the same failed cycle.

In short, Tinubu wants surgery while the groundnut politicians and their headless mobs prefer makeup.
There is nothing wrong in importation. It is one of the bedrocks of an economy.

Tinubu is actually reducing protectionist policies.

For instance, the Petroleum Industry Bill bans the importation of refined petroleum products into the country by those who do not have refining capacity.

Tinubu ignored it, and allowed importation. Due to that, there is price competition which has made petrol more affordable than if only just one player existed.

Where Nigeria fails is exports, exportation of non-crude oil products.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by babzo(m): 5:04pm On Mar 01
Richtaiwo:
He isn’t conducting a confidence poll among headless mobs.

He is simply stating that the German bank has expressed confidence in Nigeria’s economy.

If you go back and read the report slowly, you will understand better.
And you dont think it odd that a foreigner has confidence in an economy of a country where the vast majority are complaining about? Where is the love of your country?
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Fearurcreeator: 7:23pm On Mar 01
iwaeda:
All the promises they made, how much have they brought to the economy. Empty as needle without thread. grin grin grin grin grin
Which one agulu bring, we dey ote, dangote,bua,elumelu , where is agulu man
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by demstone: 7:28pm On Mar 01
WAKEUP.. NIGERIA'S RESERVE WAS OVER $50B IN 2013, D MOMENT CRUDE OIL CRASHED BELOW $100 IN 2014 OUR RESERE CRASHED TO $28B BY MAY 28 2015... UR GEJ CLDN'T RUN D COUNTRY WITH $80/BARREL WITHOUT EMPTYING D RESERVE.. DAT WAS D BEGINING OF D END
Princedapace:
hahahaaha, it was there under Jonathan, so what's up? A mess created by APC, they are celebrating ?
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by yusakins(m): 7:45pm On Mar 01
Very knowledgeable quote from you


The novice and hypocrate should continue wailing.




Richtaiwo:
Running an economy is not the same as importing spare parts from China in containers, no matter what the roadside groundnut politicians insist.

While Tinubu is attempting structural reform by letting the naira reflect reality (painful but necessary), the “chop-and-clean-mouth” politicians, cheered on by illiterate bunch of headless mobs, simply want the old cosmetic trick of forcing the dollar down, even if it means draining reserves and repeating the same failed cycle.

In short, Tinubu wants surgery while the groundnut politicians and their headless mobs prefer makeup.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Princedapace(m): 10:33pm On Mar 01
demstone:
WAKEUP.. NIGERIA'S RESERVE WAS OVER $50B IN 2013, D MOMENT CRUDE OIL CRASHED BELOW $100 IN 2014 OUR RESERE CRASHED TO $28B BY MAY 28 2015... UR GEJ CLDN'T RUN D COUNTRY WITH $80/BARREL WITHOUT EMPTYING D RESERVE.. DAT WAS D BEGINING OF D END
And i still no get light, no get good roads, no get security, no get water in our homes, hardship is still there. So, stop this propaganda and work. No be statistic dey work for nigeria becus nigeria actually has no data, that is why statics doesnt work.
Nigerians will feel governance when we turn our tap and see water, we can travel at peace without kidnappers, we can see stable electricity, corruption is down, nepotism is down, elections are free and fair, we can afford to buy brand new cars like our SA brothers, we can build houses easier, etc. Aside that, pls stop these mumu statics, they never ever workd. I just need light, i dont want to be hearing sound of generators.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by demstone: 10:58pm On Mar 01
IF OUR RESERVE GROWING FROM A DIFFERENTIAL OF JUST $3B IN 2023 TO OVER $50B TODAY WHILE CRUDE OIL WAS SOLD AT AS LOW AS $60/BARREL, DOESN'T TELL U THAT SOMETHING DIFFERENT IS HAPPENING, DEN UR CASE IS HOPELESS
Princedapace:
And i still no get light, no get good roads, no get security, no get water in our homes, hardship is still there. So, stop this propaganda and work. No be statistic dey work for nigeria becus nigeria actually has no data, that is why statics doesnt work.
Nigerians will feel governance when we turn our tap and see water, we can travel at peace without kidnappers, we can see stable electricity, corruption is down, nepotism is down, elections are free and fair, we can afford to buy brand new cars like our SA brothers, we can build houses easier, etc. Aside that, pls stop these mumu statics, they never ever workd. I just need light, i dont want to be hearing sound of generators.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by Princedapace(m): 11:33pm On Mar 01
demstone:
IF OUR RESERVE GROWING FROM A DIFFERENTIAL OF JUST $3B IN 2023 TO OVER $50B TODAY WHILE CRUDE OIL WAS SOLD AT AS LOW AS $60/BARREL, DOESN'T TELL U THAT SOMETHING DIFFERENT IS HAPPENING, DEN UR CASE IS HOPELESS
Oga, is there electricity or not? Nigerians want stuff that affects them and not papper barking. We want stable electricity, water in our homes, travel as we wish without fear of kidnappers. I want to test run my beasty sporty ride on a decent high way with my friends without fear of getting kidnapped. We want to be able to earn well and have high purchasing power. Some of u still dont understand that the core Nigeria's problems una never still fix am. 8 years will still come and go and Nigeria will still be same. That ws how Buhari media team always painted a picture of a working president, he just wasted 8 years: we still no get light, water, healthcare is bad, roads are wacky, insecurity is crazy, economy biting harder, houses prices so high, the list goes on.
Re: 'We Now Have Confidence In The Nigerian Economy - Deutsche Bank by demstone: 10:33am On Mar 02
MY BRODA HOW CAN WE TALK ABOUT ELECTRICITY WEN D LAST TIME D FEDERAL GOVT SPOKE ABT MAJOR ROAD INFRASTRUCTURE WAS IN D 80'S THIRD MAINLAND BRIDGE, OKOTIE BOR PROPOSING COASTAL ROAD IN 1963..BRODERLY DO U KNOW DAT SINCE 1977 WEN NAIRA WAS CREATED ND 50K WAS EQUIVALENT TO ABT $1, NAIRA CONTINUED FALLING NON STOP TILL #2000/$ IN 2023..I REPEAT DO U KNOW DIS WLD B D FIRST TIME IN NIGERIAS HISTORY DAT NAIRA WLD REGAIN LOST VALUE FROM #2000/$ TO $1350/$ STILL COUNTING..
Princedapace:
And i still no get light, no get good roads, no get security, no get water in our homes, hardship is still there. So, stop this propaganda and work. No be statistic dey work for nigeria becus nigeria actually has no data, that is why statics doesnt work.
Nigerians will feel governance when we turn our tap and see water, we can travel at peace without kidnappers, we can see stable electricity, corruption is down, nepotism is down, elections are free and fair, we can afford to buy brand new cars like our SA brothers, we can build houses easier, etc. Aside that, pls stop these mumu statics, they never ever workd. I just need light, i dont want to be hearing sound of generators.
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