Naira Crashes Even Further To 300 Against Dollar - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Naira Crashes Even Further To 300 Against Dollar (39440 Views)
1 2 3 4 5 6 7 8 Reply (Go Down)
| Re: Naira Crashes Even Further To 300 Against Dollar by kolnel: 6:47am On Jan 13, 2016 |
This government seems to be doing testing testing I sincerely hope things can get better |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 6:47am On Jan 13, 2016 |
This is the REAL corruption that no one is fighting. |
| Re: Naira Crashes Even Further To 300 Against Dollar by passionate88: 6:48am On Jan 13, 2016*. Modified: 10:56am On Jan 13, 2016 |
Buhari oooo, where's the chanji ![]() Some idiots go still blame Jonathan Every single lie was a hit back to back from 5k to every poor citizens to 1$ to 1naira then to leading the war against boko from the forefront.Technically Nigerians are in for hard times |
| Re: Naira Crashes Even Further To 300 Against Dollar by ifyalways(f): 6:49am On Jan 13, 2016 |
Oluwawapelumi . |
| Re: Naira Crashes Even Further To 300 Against Dollar by Pidggin(f): 6:50am On Jan 13, 2016 |
Bubu has ruined this country |
| Re: Naira Crashes Even Further To 300 Against Dollar by SOPIGO: 6:50am On Jan 13, 2016 |
When will N1 =$1 |
| Re: Naira Crashes Even Further To 300 Against Dollar by ifyalways(f): 6:50am On Jan 13, 2016 |
ichidodo: |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 6:51am On Jan 13, 2016 |
Penssuwa:He will make 1$ =N1000= ![]() |
| Re: Naira Crashes Even Further To 300 Against Dollar by Justiyke4u: 6:51am On Jan 13, 2016 |
Please forgive my ignorance... What is this parallel market I have been hearing? Where is it located? |
| Re: Naira Crashes Even Further To 300 Against Dollar by bugativeron: 6:51am On Jan 13, 2016 |
Kikero112:Great comment |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 6:51am On Jan 13, 2016 |
passionate88:Well....if the previous administration had been brave enough to save money....instead of spending it....and if they had been brave enough to remove subsides........we would be having this conversation next year. Nigeria has to say goodbye to oil, agriculture and mining. Innovation and industry will get us out of this mess. |
| Re: Naira Crashes Even Further To 300 Against Dollar by otokx(m): 6:55am On Jan 13, 2016 |
The BDC are very greedy, after buying $ at 197 they will go and sell 287+ to fellow Nigerians. That is how we just deceive and oppress ourselves in this country. NEPA will bring bill when there is hardly and light. |
| Re: Naira Crashes Even Further To 300 Against Dollar by thunder74(m): 6:57am On Jan 13, 2016 |
It is time this economic team humble themselves and consult the former economic team to assist them or give them some clues on how to do it right. Things were still well managed then. Lastly, APC talks too much, they should talk less, it is not every thing they should call press conferences. Every signals from the government affect the economy. |
| Re: Naira Crashes Even Further To 300 Against Dollar by olanshi: 6:57am On Jan 13, 2016 |
This one go pass Greece economic crisis ![]() |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 6:59am On Jan 13, 2016 |
ichidodo:Well, that still indicts your PDP particlualry as most of the governors who agitiatied for the sharing of the cash....were in PDP too. And anyway.....we also failed to remove subsides completely. We also did nothing about the importataion of fuel, and the GEJ govt was making unauthorised withdrawals from the account....which we now see revealed via dasukigate. But it doesn't matter. Even if GEJ had saved like Scrooge.....we would be in this mess next year. The best we could have done would have reached $100bn. The real issue is that we have to raise taxes, end corruption and tighten the seatbelts......which the govt has done the first two already (No 3 is not being done....BMW things sadly).Eventually, we are going to have to go the austerity route. If it is any consolation to you....we shouldahve made those choices back in the 1970's....and gone industrial too. Sorry....but your PDP is partly to blame. Your governors in PDP were part of the sharing. Your government back then was not strong enough to make the hard choices that were needed, as well as to stop the massive leakages in our revenue.Pretending that it is all APC's fault is flawed thinking. But...beyond politics.....we have to diversify away from oil. |
| Re: Naira Crashes Even Further To 300 Against Dollar by oluwashegunfunm(m): 6:59am On Jan 13, 2016 |
Justiyke4u:It actualy means "black market" . |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 6:59am On Jan 13, 2016 |
This government keeps fumbling and wobbling and moving from one misstep to another. The only thing they're good is blaming the past government, even when they have been in charge for 8 months. When will the current government begin to take responsibility? |
| Re: Naira Crashes Even Further To 300 Against Dollar by AmeLonRo(m): 6:59am On Jan 13, 2016 |
bamite:Are you a novice to naira:dollar. When it goes up it has not come down for the past 30 years. Reason: No export, only plenty imports. Thats the main reason and recently the US raised their interest rates which strengthened the dollar. #1 will equal $1 when the currency is reconstructed like Ghana did. But its still the same and better that way. |
| Re: Naira Crashes Even Further To 300 Against Dollar by fero07(m): 7:00am On Jan 13, 2016 |
We have always had economic challenges from the time of IBB to GEJ none gave up or was busy accusing any past govt of causing any problem they faced the challenge frontally and Nigeria did not crash. It shouldn't be different now. All we hear day and night in this govt is blame game and I wonder if that is what this govt will tell us when the tenure is over. of IBB to GEJ none gave up or was busy accusing any past govt of causing any problem they faced the challenge frontally and Nigeria did not crash. It shouldn't be different now. All we hear day and night in this govt is blame game and I wonder if that is what this govt will tell us when the tenure is over. |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 7:01am On Jan 13, 2016 |
Kemi Adeosun unfit for that post. Buhari should also come up with economic blueprint |
| Re: Naira Crashes Even Further To 300 Against Dollar by Vikky014(f): 7:02am On Jan 13, 2016 |
Na waoh...No more foreign goods ooo ![]() |
| Re: Naira Crashes Even Further To 300 Against Dollar by PigMeat: 7:02am On Jan 13, 2016 |
This GOODLUCK JONATHANS" govt will send us all into extinction. God help us. |
| Re: Naira Crashes Even Further To 300 Against Dollar by RELEASEUS: 7:04am On Jan 13, 2016 |
GenBuhari:Bro. Don't decieve people in the name of supporting the government which is not wrong. But let me tell you there is serious shaking. Nigeria is heavily dependent on imports, from car parts to mechanized tools for agriculture to infact technologies. This is simply for the fact that we are not yet a producing nation. By this now every commodity directly or indirectly will skyrocket in no time. The larger population of Nigeria are not rich and it will tell seriously and negatively on their lives. Tell people the truth even though it hurts so we can be better prepared to face the wahala when it comes. How can you say no shaking? |
| Re: Naira Crashes Even Further To 300 Against Dollar by amtaken(f): 7:05am On Jan 13, 2016 |
Why do you keep referring to GEJ whenever Buhari runs into trouble, didn't he promise us CHANGE or is it GEJ that should help him do so ??Kikero112: |
| Re: Naira Crashes Even Further To 300 Against Dollar by chi4ik4(m): 7:05am On Jan 13, 2016 |
Buhari should resign already!! |
| Re: Naira Crashes Even Further To 300 Against Dollar by Nobody: 7:06am On Jan 13, 2016 |
SOPIGO:This joke is lame...really lame. But...let's get serious. The road to N1=$1 is very plain 1.Remove subsides, increase taxes, school fees fuel price, end corruption, and tighten the borders. 2.Reduce government costs by sacking excess workers, and by tightly monitoring government spending. 3.Spend more on Power generation and transmission. 4.Spend less on imports, and more on made in Nigeria goods. 5.In the short term....increase revenue generation from agriculture and mines. Note that I said short term 6.Savings,savings, savings. 7.Grant favourable concessions to local and foreign investors who will invest in industries that use Nigerian raw materials. 8.All the above will take years....but if we do it, we could have N1=$1 in ten years. Assignment: A not so brief history of the fall and fall of the Nigerian naira. |
| Re: Naira Crashes Even Further To 300 Against Dollar by ukomko: 7:06am On Jan 13, 2016 |
The zoo is falling |
| Re: Naira Crashes Even Further To 300 Against Dollar by joseph1832(m): 7:07am On Jan 13, 2016 |
Yikes!!!. |
| Re: Naira Crashes Even Further To 300 Against Dollar by joseph1832(m): 7:08am On Jan 13, 2016 |
amtaken:Like seriously? |
| Re: Naira Crashes Even Further To 300 Against Dollar by Lvlink(f): 7:09am On Jan 13, 2016 |
I am the biggest scam that happens in 2015 - Buhari |
| Re: Naira Crashes Even Further To 300 Against Dollar by Stanbeto: 7:10am On Jan 13, 2016 |
FG pls do something this too high |
| Re: Naira Crashes Even Further To 300 Against Dollar by judedwriter(m): 7:11am On Jan 13, 2016 |
Nigeria's economy is regressing at an alarming rate...something must be done quickly to salvage the situation or else...people will learn how to swim out of this hellish nation. |
Naira Crashes To 288/dollar At New Official Market • Naira Crashes As FG Denies Currency Swap Deal • Naira Crashes To 300 Against Dollar • 2 • 3 • 4
Exchange Rate As Of Today, July 1st • Video Of Herbert Wigwe Celebrating His Last Birthday • Access Bank Denies Sacking 75% Of Workforce, Closing Branches