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Nairaland Forum / Nairaland / General / Business / Naira Depreciates By N2 Against Dollar (21238 Views)
Naira Strengthens, Gains N2 Against Dollar / Naira Depreciates To N355/$ / Naira Depreciates By N7 - Vanguard (2) (3) (4)
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Re: Naira Depreciates By N2 Against Dollar by mikkypel(m): 10:21pm On Sep 24, 2015 |
It's good news to folks in European countries.. Whenever they remember buhari promise to equal it, they are sad... |
Re: Naira Depreciates By N2 Against Dollar by Nobody: 10:30pm On Sep 24, 2015 |
Whynotthetruth:I will reply you not because your question demands a reasonable reply But because I regard you... Please watch Quest Means Business on CNN and follow up global economics... Nigeria is not the only casualty... All developing countries are. |
Re: Naira Depreciates By N2 Against Dollar by onatisi(m): 11:35pm On Sep 24, 2015 |
Ola17:which ministerial list? Keep fooling yourself,buhari is not submitting any List to anybody .that id the reason why the FG is taking on saraki .buhari wants to use the saraki saga to buy more time ,by Monday it will be 28 or 29 and buhari will come out and say he wants the saraki saga settled before tendering his list,definitely some blind fools will still hail him.but the truth is buhari doesn't seem to be interested in working with a team for a long time. Even if he appoints ministers in October ,they will be busy with 2016 preparation which means this year is gone. When we were warning Nigerians about buhari before the elections ppl didn't listen |
Re: Naira Depreciates By N2 Against Dollar by currentbrands(m): 11:39pm On Sep 24, 2015 |
Is that all? If you don't blame the leader of a country for its financial mess whom would you blame? With all his campaign promises of dollar vs naira you're here playing offensive. Go back to your drawing board, that tactic will not work[/quote] Oga.....give dis man PMB some time to clear up d colossal mess he inherited. PATIENCE!! |
Re: Naira Depreciates By N2 Against Dollar by Nobody: 11:56pm On Sep 24, 2015 |
MrMcJay:the defectiveness as the case may be is structural and systematic. How old are you when the same buhari was the head of state? Same man parading as a saint his part of the gang of cabal that contributed to that rot in the system. Recycled leadership remain the bane as some of you just forget this fact before making comments |
Re: Naira Depreciates By N2 Against Dollar by mikolo80: 1:07am On Sep 25, 2015 |
PappyMason:we got rid of a nincompooop |
Re: Naira Depreciates By N2 Against Dollar by mikolo80: 1:08am On Sep 25, 2015 |
Bevista:you want him to rush and produce jonathan or obj kind of cabinet be patient sxseptember have reach |
Re: Naira Depreciates By N2 Against Dollar by onatisi(m): 3:27am On Sep 25, 2015 |
mikolo80:don't worry,in the fullness of time you shall understand all the warnings ppl are given now .keep giving buhari time upon time .the reality and impact of the situation will soon fall down on Nigerians. In the mean time enjoy your sallah meat and holidays |
Re: Naira Depreciates By N2 Against Dollar by donbrowser(m): 6:41am On Sep 25, 2015 |
Bevista:So we should depend more on Imports? |
Re: Naira Depreciates By N2 Against Dollar by Bevista: 6:51am On Sep 25, 2015 |
donbrowser:Thanks for pointing that out bro. I actually meant IMPORTS. My bad. |
Re: Naira Depreciates By N2 Against Dollar by donbrowser(m): 7:05am On Sep 25, 2015 |
Bevista:You're welcome sir |
Re: Naira Depreciates By N2 Against Dollar by Slickest(m): 7:18am On Sep 25, 2015 |
ShowYourCertificate:Oga shut up abeg, this is becoming stale!!!! |
Re: Naira Depreciates By N2 Against Dollar by 400billionman: 9:58am On Sep 25, 2015 |
There was a Currency. Naira will slide to N300 to a Dollar before Buhari tenure expires Quote me. |
Re: Naira Depreciates By N2 Against Dollar by repogirl(f): 10:16am On Sep 25, 2015 |
Freemanan:now the question is what are these countries doing to cushion their economy from crashing drastically? Norway, the largest European exporter of crude reduced there interest rates to an all time low and their krone has decreased against the dollar, lemme quote from the article Norges Bank said: “Growth prospects for the Norwegian economy have weakened. Activity in the petroleum industry is softening and the sharp fall in oil prices is likely to amplify this tendency. This will have spillover effects on the wider economy and unemployment may edge up ahead. At the same time, the krone has depreciated markedly, which is helping to dampen the effects on the Norwegian economy and underpin inflation.” http://m.ft.com/cms/s/0/4a83b09e-811c-11e4-896c-00144feabdc0.html Now we know Buhari is no economist and his aim is to equate the Naira to the dollar by any means necessary, but can someone please explain to him that his refusal to budge on devaluation is seriously hurting us? |
Re: Naira Depreciates By N2 Against Dollar by tammie24: 10:46am On Sep 25, 2015 |
GudluckIBB:What stops him (Buhari) from bringing it back to the way it was instead it's increasing! Or is Jonathan stoping that from happening? Abegi |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 11:54am On Sep 25, 2015 |
Bollinger:Show me where I prefer one over the other and FYI nothing any govt do affects me as I have taken my own destiny in my own hands. |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 11:55am On Sep 25, 2015 |
400billionman:If not more |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 11:56am On Sep 25, 2015 |
donbrowser:Is that a problem?Saudi does same.it's mismanagement that's our problem due to fraud 1 Like |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 11:57am On Sep 25, 2015 |
mikolo80:Let me ask you that very sane question.when or how long do you think is long enough for PMB to constitute his cabinet? ?1 yr.or 2 or 3?? |
Re: Naira Depreciates By N2 Against Dollar by onatisi(m): 12:01pm On Sep 25, 2015 |
erico2k2:the ministers list and appoint is coming in November.just wait and see. |
Re: Naira Depreciates By N2 Against Dollar by onatisi(m): 12:03pm On Sep 25, 2015 |
400billionman:bros by February with the way buhari is doing the naira will be close to 250 or 270.just watch |
Re: Naira Depreciates By N2 Against Dollar by Whynotthetruth(m): 12:16pm On Sep 25, 2015 |
Freemanan: smh... don't be dull boy... Yes...since oil price draught... most oil dependent economies have been thrown into crisis but difference lies in how these countries react to this issue or crisis... Nigeria since buhari came in has been worse off for it...because there's no economic team hence CBN is left to control this crisis with ONLY monetary policy because there's no economic team or minister of finance to formulate complementing fiscal policy...Kindly read up latest MPC report of CBN and be informed bro...See Jp Morgan report too...See NSE report as well...Peruse through national statistics report on jobs, unemployment, economic growth etc...don't be a dullard or allow your buhari sentiments to becloud every sense of rational reasoning... 1 Like 1 Share |
Re: Naira Depreciates By N2 Against Dollar by Bollinger(m): 12:47pm On Sep 25, 2015 |
erico2k2: The moment you used jonathan's criticism by buhari supporters. |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 3:11pm On Sep 25, 2015 |
onatisi:U failed to answer simple question I asked so I will assume since you said November You length of tolerance is 2 months so after November you shall be vexed right? |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 3:13pm On Sep 25, 2015 |
Bollinger:What you wrote there bears no sense to me I think you need to rephrase it. |
Re: Naira Depreciates By N2 Against Dollar by erico2k2(m): 3:15pm On Sep 25, 2015 |
onatisi:Was that what we all thought June? |
Re: Naira Depreciates By N2 Against Dollar by ShowYourCertificate: 2:31am On Sep 26, 2015 |
Slickest:You wish |
Re: Naira Depreciates By N2 Against Dollar by onatisi(m): 7:17pm On Nov 27, 2015 |
onatisi:what I said almost 3months ago is already happening the dollar is now 242 naira to 1$ |
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