Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,166,676 members, 7,865,718 topics. Date: Thursday, 20 June 2024 at 01:24 AM |
Nairaland Forum / Nairaland / General / Business / Naira Rallies Against The Dollar (47072 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)
(1) (2) (3) ... (5) (6) (7) (8) (9) (Reply) (Go Down)
Re: Naira Rallies Against The Dollar by wiseoneking: 1:51pm On Aug 22, 2015 |
Baawaa:Devaluation of dollar not actually your Buh or CBN. Leave joe out of this. I thought we will build a new america with the looted fund. Our eyes dey clear now. But Emefiele, why senate is harasing him. Is he not doing his best. |
Re: Naira Rallies Against The Dollar by teamchocolate: 1:55pm On Aug 22, 2015 |
And who chose this illiterate cbn governor if I may ask voltron: |
Re: Naira Rallies Against The Dollar by Horlufemi(m): 2:02pm On Aug 22, 2015 |
ocelot2006: If what u said is true, should you blame buhari too? I didn't blame anyone, rather show who did his best. Pls don't insult me, I didn't insult u. |
Re: Naira Rallies Against The Dollar by Horlufemi(m): 2:03pm On Aug 22, 2015 |
BishopMagic: Wow, You are really smart. |
Re: Naira Rallies Against The Dollar by kollinpowel(m): 2:07pm On Aug 22, 2015 |
ishiamu:does anyone seem to understand what this dis maggot is driving @. 1 Like |
Re: Naira Rallies Against The Dollar by BishopMagic: 2:07pm On Aug 22, 2015 |
Re: Naira Rallies Against The Dollar by Nobody: 2:11pm On Aug 22, 2015 |
I won't believe until it is reported by a foreign reputable financial media like NewYork Times |
Re: Naira Rallies Against The Dollar by PassingShot(m): 2:13pm On Aug 22, 2015 |
ILIDEFI:Do you believe all what the currency trader said? He is a speculator and you don't expect him to like the govt's policy that has meant bad business for them. What maters to manufacturers is for dollar to naira rate to remain low and they are able to get dollars from the banks when they need it. |
Re: Naira Rallies Against The Dollar by Nobody: 2:51pm On Aug 22, 2015 |
PassingShot: Of what use is it to manufacturers if the dollar to naira rate remains low, yet they can't fund their dom accounts to make transactions abroad? Mind you that some of them import part of their raw materials. By the way, how many manufacturing industries do we even have, compared to the volume of our imports? Nigeria operates an import driven economy, and when our importers can't easily fund their accounts to make transactions, smuggling across the borders will be encouraged. 2 Likes |
Re: Naira Rallies Against The Dollar by PassingShot(m): 3:04pm On Aug 22, 2015 |
ILIDEFI:Why can't the manufacturers or anyone doing legitimate business/transaction have access to dollars? Why can't they fund their dom accounts if they follow the official and legal ways of doing it. The Governor of CBN clearly assured all genuine businesses the will have access to dollars and I am not aware they cannot receive dollars into their account from their business partners. |
Re: Naira Rallies Against The Dollar by BishopMagic: 3:15pm On Aug 22, 2015 |
PassingShot: Because there is no forex to meet every demand. Fool |
Re: Naira Rallies Against The Dollar by 989900: 3:29pm On Aug 22, 2015 |
lebete3000: STANBICIBTC: USD: #212 AUG 18: AdekunleIG STERLING : USD : #220 : AUG 12 : wahwah ZENITH : USD : #221.5: AUG 18 : naital ACCESS : USD: #224 :AUG 21 : dalemat DIAMOND : USD : #225 : AUG 21 : flyuche GTB : USD : #226 : AUG 20 : ohans4u FCMB: USD: #227 AUG 4 : stPete FIDELITY: USD: #228 : AUG 17 : tayoast FIRST BANK : USD : #230 : AUG 18 : legalwealth UBA: USD : #234.1 : AUG 11 : opeyemi5 UNION: USD: #236.88: AUG 16: DIZZYBIZZY STANBICIBTC: ¥ :#34.6: AUG 3: KODILICh STANBICIBTC : £: #244.61 : AUG 19 : opeyemmmy STANBIC : € : #244.61 : AUG 19 : opeyemmmy. |
Re: Naira Rallies Against The Dollar by rufaikoko(m): 3:30pm On Aug 22, 2015 |
Its been started by GEJ. |
Re: Naira Rallies Against The Dollar by 989900: 3:36pm On Aug 22, 2015 |
We do not have a multi trillion dollar export economy like China. Hell, we don't even have stable power supply, access to loans, infrastructure, anything resembling an enabling environment -- we can't even refine our own fuel -- we spend trillions of Naira importing refined products and you think devaluing like China will work for Nigeria? |
Re: Naira Rallies Against The Dollar by ocelot2006(m): 3:54pm On Aug 22, 2015 |
wristbangle: "Resurrect other sectors"?! Good Lawd.....you think that's done overnight?! Even at that: 1) Who is responsible for the AGRICULTURAL REVOLUTION that saw the increase in production output at record high, a FIRST IN NIGERIA'S HISTORY, leading to our more assured food security and a slash of our import bill from over N3 TRILLION to less than N600 billion? GEJ! 2) Who is responsible for the resuscitation of the manufacturing sector, the automobile sector INCLUSIVE via the AUTOMOBILE POLICY that has seen Nigeria MANUFACTURE and EXPORT vehicles (Innoson, Proforce, Nissian, and soon Ford, just to name a few? GEJ 3) Who was responsible for the establishment of more SME's via soft loans from programmes like YouWin and Co? Again GEJ! 4) Even at the crash of oil prices, who imposed a series of austerity measures to ensure that Nigerians did not feel the effects of the price crash?! Oh yes, GEJ!! So what's this chap you're yapping about? Oh btw, yes our FX coffers was lower than before, BUT have you factored in that: * Fighting a raging insurgency requires cold hard funds, NOT air? * That same FX is required to shore up the Naira to prevent further loss in its value? * Capital projects implemented from power to water resource project, rail to aviation, road networks to health care services, etc? |
Re: Naira Rallies Against The Dollar by Donkunxex(m): 4:01pm On Aug 22, 2015 |
BishopMagic:thats a big lie bruv... when gej left it..it was way above the current exchange rate... go check the statz |
Re: Naira Rallies Against The Dollar by BizBayo: 4:03pm On Aug 22, 2015 |
PassingShot: U dey mind that fool of a guy? No mind am joor 2 Likes |
Re: Naira Rallies Against The Dollar by quertyquack: 4:16pm On Aug 22, 2015 |
When I pay online with my naira MasterCard, why am I billed at 225 to the dollar? simseg01: 2 Likes |
Re: Naira Rallies Against The Dollar by ishiamu(m): 4:34pm On Aug 22, 2015 |
kollinpowel: crying 4 ya mumuness |
Re: Naira Rallies Against The Dollar by ishiamu(m): 4:34pm On Aug 22, 2015 |
Re: Naira Rallies Against The Dollar by wristbangle: 4:35pm On Aug 22, 2015 |
ocelot2006: I consider all what you have said to be scrap becos the clueless one is using all these vague projects which wasn't his idea to cover up his mess. Excuse me.. The same Agric sector that couldn't boast of an increase in production in terms of cassava, etc. I don't have time analysing others because he is one responsible for the insecurity of the nation, drop in our naira value, huge unemployment rate, etc. Please kindly explain what happened to our foreign reserve and appointees of money looting ministers. Waiting for ur answer. 1 Like 1 Share |
Re: Naira Rallies Against The Dollar by ishiamu(m): 4:38pm On Aug 22, 2015 |
pharmagba pos[img: |
Re: Naira Rallies Against The Dollar by Flairoqy(m): 4:55pm On Aug 22, 2015 |
BishopMagic: Haters gone hate, Potatoes gone potate. |
Re: Naira Rallies Against The Dollar by Flairoqy(m): 4:56pm On Aug 22, 2015 |
Horlufemi:Lol I like you. |
Re: Naira Rallies Against The Dollar by tonee45: 5:01pm On Aug 22, 2015 |
PLEASE NAIRALANDERS WHICH IS A PARALLEL MARKET REGARDING THIS DOLLAR ISSUE? (BLACK MARKET OR D OFFICIAL MARKET) |
Re: Naira Rallies Against The Dollar by Benzzle: 5:23pm On Aug 22, 2015 |
BishopMagic:foolish bastard am not Hausa neither am I yoruba... you have no brain like your father |
Re: Naira Rallies Against The Dollar by BishopMagic: 5:26pm On Aug 22, 2015 |
Benzzle: You know not where you come from that's why I said you are a bastard. |
Re: Naira Rallies Against The Dollar by Nobody: 5:30pm On Aug 22, 2015 |
teamchocolate: similarly gifted illiterate .. why do we continue to allow illiterates lead us from decade to decade |
Re: Naira Rallies Against The Dollar by teamchocolate: 5:33pm On Aug 22, 2015 |
Nope get ur facts right! Godwin was chosen by the clueless one..buhari has not chosen. A cbn governor since he resumed office.. voltron: |
Re: Naira Rallies Against The Dollar by Ebukaokeke25: 6:22pm On Aug 22, 2015 |
In dis administration of president Buhari, 1 naira wud rate to 1 dollars,pounds sterling n euro. Sai president Buhari,Sai APC,sai CHANGE!!! |
Re: Naira Rallies Against The Dollar by ocelot2006(m): 7:12pm On Aug 22, 2015 |
wristbangle: I will assume you have a MAJOR ISSUE with your eye sight else you would've known that I had already answered your question in post. I strongly suggest you check those eyes out and READ MY POST AGAIN. And what "money looting ministers" are you referring to here? They may not be angels but they're FAR AHEAD of the clowns in the present Dana administration. Do you want to compare Ngozi Okonjo Iweala, a sound product of IVY LEAGUE UNIVERSITIES, an erudite academician, and a TOP MGT product of the World Bank to Oshiomole, that Edo Orangutan suffering from oral diarrhoea and poor mental health no thanks to the negative effects of viagra on his brain? You want to compare Dr. Adesina, a product of the UN mastermind behind the TOTAL OVERHAUL of the agricultural sector, the AGRICULTURAL REVOLUTION that saw the end of the fertiliser mafia and the LARGEST CROP PRODUCTION OUTPUT in our nation's history, to who? That fat bellied loud mouth airbag (all talk No action) Rochas Okorocha who couldn't sleep because Obama shook his hand, thus embarrassing his state and the nation? Is it Olusegun Aganga, a sound product of University of Oxford (one of the BEST UNIVERSITIES IN THE WORLD) and GOLDMAN SACHS, compared to who? That he goat Aregberascal who ruined his state financially and can't pay workers?! Or maybe it's Deziani Alison-Madueke, top technocrat head hunted from SHELL and brains behind the GAS REVOLUTION that saw the construct ion of the gas delivery system to power stations and industries, and the LOCAL CONTENT POLICY that has seen the MASSIVE PARTICIPATION of Nigerian companies in the lucrative upstream sector of the oil and gas industry, the 70%+ workforce rule enforcement on IOCs and other MNCs? Oh, maybe it's Dr. Bath Nnaji, topmost scientist and innovator from Massachusettes Institute of Technology (MIT - Best engineering university in the WORLD), and Prof. Chinedu Nebo, FIRST CLASS PRODUCT and a SEASONED ACADEMICIAN, both men being minds behind the success in the power sector. Okay....maybe it's Lt. General Ihejirika, War College ace student (2nd highest award; I should know cos I attended the graduation) and the brains behind the Army's Counter Insurgency Programme. Or is it Admiral Ola Ibrahim, the mastermind solely responsible for the MASSIVE rearming/reequipping the NIGERIAN NAVY, revitalization of the Navy's Special Forces programme. You want to compare these men with who? Dambazau? That fool known for his tribalism? Hey, maybe it's Gen. Gazau, then Minister of Defence and Nigeria's SPYMASTER/ESPIONAGE LEGEND along the likes of Diette-Spiffe. Compared to who? The new DG-DSS Daura who was LAST in his class and a terrible service record? Please tell me, which minister? |
Re: Naira Rallies Against The Dollar by igbakigba2t15: 7:32pm On Aug 22, 2015 |
NO KILLING THE BEETLE! TRUST THE NAIJAMAN....FOR EVERY GOVT POLICY, HE IS CREATING SOME AVENUE TO MAKE SOME DOW! EASY WAY TO SELF EMPLOYMENT TRADING THE NAIRA even across borders? ALUTA CONTINUA! The Banks and the Govt are equally guilty for how can a recipient be compelled to receive Naira (at a much lower rate) when he is sent Dollars and when he needs to pay for foreign goods and services, the same bank and Govt ON THE SAME DATE AND TIME, sells the same dollars to him at a ridiculous rate. God save Nigeria. |
(1) (2) (3) ... (5) (6) (7) (8) (9) (Reply)
Woman Sets Self, Rented Apartment On Fire Over Inability To Repay N70k Lapo’s De / Akin Osinbajo Visits Seahorse Headquarters In Anambra- Pictures / Breaking: DSS Arrests Ifeanyi Ubah Over N11b Oil Theft
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 61 |