Henrick007:
perfect time to sell my gold.

mayorall:
Naira is now ₦172.4.
Naija which way?
External reserve depletion or stealing?.

http://ngn.fxexchangerate.com/

Aggrippa:
short term or long term? or mid term?

slightlyMad:
GEJ knows nothing about governance.
i cant wait to have february 14.

even if he begs and crys on his 2 knees, he wont get my vote.
shameless animal

ogtavia:


I thought d same way too brotha..honestly,people keep shouting CBN,yes CBN is d apex bank and controls Nigeria's finance and such likes..yet there are agencies dt will hold as much leverage...d chambers of commerce and industries is one..why not increase export,regulate import,d more import outweighs export dere is a deep problem...d oil price which has gone south plunging d Naira and d economy into troubled times is a clear indicatn of government inaction...we have oil,to refine d oil in Nigeria,d government said its cheaper exporting d crude and bringing it in via importation,who are they deceiving,were our refineries working,jobs will be available cos of d ripple effect,we had oil,we didn't take of natural gas and other by-products of oil,its so sick..do other countries dt produce oil export it for refining and import it after its done...do they,I dnt think so...dis action alone dealt with our economy,d government was supposedly spending a lot trying to import oil,of course,there is no way we couldn't have exported crude oil,yet,it should av been balanced with internal oil refining and zero oil refining....I pray d Naira picks up in d nxt few months before d electn...however,d exportation must outweigh importatn to safeguide d Naira....

blizard44:


Pikin enter house...

We're talking value here and you're talking nansense.

Henrick007:
meaning?

trillville:

Obasanjo played his role perfectly.
He met a country in serious debt and left it with heavy savings.
He met a country ridden with violence and insecurity issues and he left it safer with great prospect of becoming a united peaceful nation.
He met institutionalised corruption and he created the efcc to tackle corruption to the best of his ability
He also initiated a lot of the power projects Jonathan is presently completing

papiforreal:

sister, are u realy this dumb?

Eghosa1:
Oil's crash continues to hurt Nigeria. Let's hope the CBN intervenes quickly. Since the start of November, we've lost against the dollar at an alarming pace. Our reserves clearly can't help. Other Measures have to be put in place clearly.

surveyProf:


Yeah, you're correct, our economy is an oil driven economy, i.e. The budget was perhaps planned using the prices of crude oil @ as when it was on a high side of one hundred and something dollar per barrel, as against the eighty five dollar per barrel currently @ as today, and moreover there is more demand for "FX" by mainly importers, this was the reason why cbn has to stop the sales of dollars @ as last week.

Similarly, you're right, Nigeria should focus more on increasing her export of goods n services, and import less, by dis way there will be earnings in foriegn currencies, Nigeria would have been able to do dis, if its agro sector is working, cocoa, rubber, tin etc, can earn fx for the economy, pending wen the prices of oil gets back to normal. but unfortunately, we focus more on oil.

stevolinkon40:
180? Whats the way forward on this o..its damn too high. i think legalwealth (presegs) maybe able to help

xynerise:
Make I go change my dollars for caseless shop