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Nairaland Forum / Nairaland / General / Business / Naira Rallies Against The Dollar (47096 Views)
Today's Naira Exchange Rate Against The Dollar, Pounds And Euros / How Buhari Can Crash The Dollar/naira Disparity- Ifeanyi Ubah / See Why The Naira May Fall To The Dollar At #1000/$ (2) (3) (4)
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Re: Naira Rallies Against The Dollar by emzila(m): 9:52am On Aug 22, 2015 |
BishopMagic: another educated illiterate has been let loose by one of the quack college of education awarded university title by a fake Phd hold who does not know what it takes an institution to attain university status. Go and pick the newspaper and read again, if at all u had read it before and u will find out that Buhari was never quoted(" " as saying that he will make one naira equal to one dollar. People like u keep saying no job when the truth is that u aren't employable. I hate half bake graduate of any level. 3 Likes |
Re: Naira Rallies Against The Dollar by Nobody: 9:53am On Aug 22, 2015 |
ocelot2006:official rate but unofficial was far above 220 1 Like |
Re: Naira Rallies Against The Dollar by wristbangle: 9:54am On Aug 22, 2015 |
BishopMagic: GEJ met it @ 150 or less but left it @ 190 meanwhile the naira devaluation was fast hitting pit when PMB resumed duties @ 197. Do the mathematics and calculate the difference. Who is the clueless abeg? Tell me what the clueless one achieved under 8years. Yeye dey smell. 4 Likes 1 Share |
Re: Naira Rallies Against The Dollar by ocelot2006(m): 9:55am On Aug 22, 2015 |
Horlufemi: You're aware that at the tail end of the GEJ's administration, the price of oil crashed dramatically due to the excess shale oil pumped into the global market by the United States of America, which in turn led to the devaluation of the Naira, right? So if you're trying to lay the blame on GEJ, I suggest you go do a bit more reading. 1 Like |
Re: Naira Rallies Against The Dollar by Rilwon: 9:55am On Aug 22, 2015 |
PassingShot: [size=20pt] AMEN [/size] 2 Likes |
Re: Naira Rallies Against The Dollar by Baawaa(m): 9:55am On Aug 22, 2015 |
Obynolee:What will happened when the importers empty their warehouses They will import another goods with new exchange rate,invariably,they will buy more dollars with their Nairas,and it will lead to reduction on imported goods. |
Re: Naira Rallies Against The Dollar by PassingShot(m): 9:56am On Aug 22, 2015 |
ocelot2006:Specifically, it was 230 before the election. Educate yourself pls. It was even reported here. |
Re: Naira Rallies Against The Dollar by Nobody: 9:56am On Aug 22, 2015 |
Thabk God o. Hope it keeps rising against all currencies |
Re: Naira Rallies Against The Dollar by ExInferis(m): 9:57am On Aug 22, 2015 |
BishopMagic: Wow, so you converted your savings to your DORMITORY account? Nice! Me, i converted mine to my DOMICILIARY account, as normal people do. #SchoolTheFool 6 Likes |
Re: Naira Rallies Against The Dollar by Nobody: 9:58am On Aug 22, 2015 |
metorichmond: lolx...naira rally now. |
Re: Naira Rallies Against The Dollar by Truckpusher(m): 9:58am On Aug 22, 2015 |
PassingShot:I was referring to Buhariconomics that you and your kind are celebrating . From an economic perspective ,do you think that what the FG is doing to resuscitate the naira is the way forward ? How about when industries begin to lay off workers in their thousands ,ushering in an austerity measure and thereby increasing civil unrest which in turn will give hoodlums a free hand to operate undisturbed because the attention of security personnel would be divided and the menace of boko haram in the North East ? Do you think that we have the security,facility and technical know-how to battle these things without running into chaos? Mr passingshot. 1 Like 1 Share |
Re: Naira Rallies Against The Dollar by kenoz(m): 9:59am On Aug 22, 2015 |
Thank Jah |
Re: Naira Rallies Against The Dollar by wristbangle: 10:01am On Aug 22, 2015 |
ocelot2006: Excuse me... GEJ needs to blame for the current devaluation of naira. Meanwhile what happened to our siphoned foreign reserve. Agreed shale oil forced crude oil price to crash. The clueless one know the consequence of shale oil in market but why can't he close the leak holes in the economy by resurrecting other sectors such as Agric and co to cover up the mess. 2 Likes |
Re: Naira Rallies Against The Dollar by LasoulMacuby(m): 10:01am On Aug 22, 2015 |
BishopMagic:ur stupidity is epic. y not just leave Nigeria and run to a pathetic hole in Timbuktu. we will never miss u, I promise 2 Likes 1 Share |
Re: Naira Rallies Against The Dollar by BishopMagic: 10:01am On Aug 22, 2015 |
ExInferis: Olofo you have no argument. Keep picking arguments from my abbreviations like the foolish clueless zombie Buharist you are. Whether dorm or dom you got my drift. Fool |
Re: Naira Rallies Against The Dollar by Matttthew(m): 10:01am On Aug 22, 2015 |
Baawaa:I wanted to hit the like' twice but I go unlike am b dah.... One like for ya post and the other for your signature. 2 Likes |
Re: Naira Rallies Against The Dollar by BishopMagic: 10:03am On Aug 22, 2015 |
LasoulMacuby: I have time for all the Nigerian zombies this Saturday morning. Get ready to have a new map and a smaller, poorer and dumber nation. Useless parasites |
Re: Naira Rallies Against The Dollar by Nobody: 10:04am On Aug 22, 2015 |
BishopMagic:And you need a total brain overhaul. When GEJ leftz dollar to naira was more than 210 3 Likes |
Re: Naira Rallies Against The Dollar by PassingShot(m): 10:04am On Aug 22, 2015 |
Truckpusher:What makes you think industries will start laying off workers? On the contrary, employment drive is gathering momentum. 3 Likes |
Re: Naira Rallies Against The Dollar by ashieduplus(m): 10:05am On Aug 22, 2015 |
BishopMagic: Y do u love to lie? What do you gain from this blatant falsehood? The dollar traded above 225 at the parallel market before May 29. FYI I work in a bank. 5 Likes |
Re: Naira Rallies Against The Dollar by Evaromantik(m): 10:05am On Aug 22, 2015 |
BishopMagic:guy,you get sense well-well.......it seems we'll get a name for them 1 Like |
Re: Naira Rallies Against The Dollar by Evaromantik(m): 10:08am On Aug 22, 2015 |
BishopMagic:guy,you get sense well-well.......it seems we'll get a name for them.......bunch of numpties celebrating Naira @ 208 against the Dollar 2 Likes |
Re: Naira Rallies Against The Dollar by ExInferis(m): 10:09am On Aug 22, 2015 |
BishopMagic: No, i dont get your drift, Mr Oaf. If you're in haste to exhibit how perennially dense you're and consequently you suffered brain failure (as is usual with wailers) then only blame your lack of dexterity. There is 'dom' account, where i put my dollars, and there is 'dorm' account, where apparently you save your meager lunch money for the hostel swill they serve you in whatever asylum you're currently in. I understand the humiliation of your erstwhile benefactor GEJ is causing you untold pain, but really you've to cowboy the fckk up and suck it in before you hurt yourself, you lil snot nosed punk. Buhari is here, get over it. 4 Likes |
Re: Naira Rallies Against The Dollar by Zico5(m): 10:11am On Aug 22, 2015 |
BishopMagic:You re the major fool |
Re: Naira Rallies Against The Dollar by Truth234(m): 10:11am On Aug 22, 2015 |
simseg01: Daily rubbish, there is nothing like global devaluation of dollar, dollar is currently the most appreciated major currency with over 20 percent appreciation this year alone. Naira simply appreciate because of reduce in the demand for dollar at the parallel market, since banks are not accepting it. |
Re: Naira Rallies Against The Dollar by emeka2847: 10:12am On Aug 22, 2015 |
Clueless Jonathan? [size=5pt]N[/size]eve[size=13pt]r[/size] [size=15pt]a[/size][size=17pt]g[/size][size=19pt]a[/size][size=21pt]i[/size][size=23pt]n[/size][size=25pt]![/size] BishopMagic: 1 Like |
Re: Naira Rallies Against The Dollar by stevecantrell: 10:15am On Aug 22, 2015 |
PassingShot:I wonder ooo.. |
Re: Naira Rallies Against The Dollar by Truckpusher(m): 10:15am On Aug 22, 2015 |
PassingShot:When you choke the economy to have a false sense of appreciation in the value of your currency against the dollar that controls the global market , you're simply kicking out mini industries which is the soul of the bigger industries and provides a lot of job opportunities to the teeming population ,what will happen next is a massive layoff as a result of lack of funding from the financial houses such as banks and with the further drop in oil price which is the mainstay and driver of our economy every other industry will simply go comatose . This is simple elementary economics my friend. Like someone rightly said that you're stock pilling food in the house while your kids and family members are hungry just to have a feeling of having surplus food at home ,what happens if any one of the people or half of them that makes and help you stock pile the food becomes too weak to work or dies as a result of hunger will you have the same force as a family ? 3 Likes 1 Share |
Re: Naira Rallies Against The Dollar by Etizz: 10:15am On Aug 22, 2015 |
BishopMagic:Thanks |
Re: Naira Rallies Against The Dollar by Nobody: 10:18am On Aug 22, 2015 |
BishopMagic: Better convert it back to naira, because with the way Baba is working you might lose all your savings if left in your DOM account. SAI BUHARI. |
Re: Naira Rallies Against The Dollar by 989900: 10:21am On Aug 22, 2015 |
BishopMagic: |
Re: Naira Rallies Against The Dollar by Truckpusher(m): 10:23am On Aug 22, 2015 |
Truth234:It is called Bubariconomics. Omo! Most of these Buhari supporters are dumber than I had thought. Damn! How can a people be so gullible ? Make I go play PS jare , uncle Bubu has done it again o. Choi! It's quite sad to come from a nation where 70% of her youths are blind,deaf and dumb . |
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