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Conspiracy To Further Devalue Naira Thickens - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessConspiracy To Further Devalue Naira Thickens (704 Views)

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Conspiracy To Further Devalue Naira Thickens by willywasco(op): 6:15am On Jun 30, 2016
Foreign investors press for 300/$
CBN helpless
Gun for Nigeria’s cheap labour

There were indications yesterday that not a few foreign interests seek further devaluation of the naira to as low as 300 to the United States dollar, if desired economic goals must be achieved.

The new foreign exchange regime implemented by the Central Bank of Nigeria, CBN, saw the naira devalued from 197 to about 283 against the dollar on the official side, losing over 30 percent of its value since the start of the new regime.


More: http://nigerianpilot.com/conspiracy-devalue-naira-thickens/

https://nigerianpilot.com/wp-content/uploads/2015/07/naira-300x181.jpg
Re: Conspiracy To Further Devalue Naira Thickens by youngest85(m): 6:31am On Jun 30, 2016
They should continue......
I guess dey want us to be lyk zimbabwe?
Re: Conspiracy To Further Devalue Naira Thickens by donsteady(m): 9:02am On Jun 30, 2016
youngest85:
They should continue......

I guess dey want us to be lyk zimbabwe?
We are in big trouble
Re: Conspiracy To Further Devalue Naira Thickens by Lordtrillion(m): 10:34am On Jun 30, 2016
Hmm, na wa oh embarassed
Re: Conspiracy To Further Devalue Naira Thickens by crestrader(m): 11:09am On Jun 30, 2016
With no economic development blueprint, tell us why won't Nigeria become Zimbabwe ?
1 Reply

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