Is anyone surprised?

The only thing Nigerian economy depended on was the oil and as soon as the price came crashing,everything fell like a park of cards.

An economy that is not resourceful cannot have a manageable currency. The strength of a currency lies in the strength of the people that owns it.

Happy New Year to all my folks

Today is the first day of the year. This not the right news to start the year.

erico2k2:
When you consume foreign goods you do

its fair

Wao

free2ryhme:
Dollar shortage or not we still survive

I LIKE UR OPTIMISM, BUT DAT WILL NOT SAVE U WEN D CHIPS R DOWN.

Naira na currency? Mchew!

ok

for this newyear

oxmale:
Does new year change activities on the earth.
won't everything still remain how they were.

God bless you for this. Its all delusional thinking.

Have you noticed things are getting worse each year. This actually conforms to what the Bible says (2 Timothy 3 :1-5,13).

But do you know it's a sign of better things? Luke 21:28

Too early in the year for bad news

Seun,you are high!! You hate MMM so much yet you display BIt coins advert.

Lala any topic that tends to portray hardship or it's sort should not grace front page today. It's a new year for God sake we need good and uplifting thread to at least grace the front page today. Happy new year nairalanders.

idupaul:
Buhari can't stop the slide of the naira for even 2 weeks yet he will be talking of how he doesn't want to devalue the naira

Do u really think the idea of devaluation is good in Nigeria? Pls read abt it very well. We as a country produces nothing yet we want our currency devalue. Which outcome are u expecting?

clydedaniels:
Hmmm...
Things will get better this year.

Without any concrete plan on ground,mere wishful thinking.

Gwazah:

Do u really think the idea of devaluation is good in Nigeria? Pls read abt it very well. We as a country produces nothing yet we want our currency devalue. Which outcome are u expecting?

The currency has already been devalued ..please can you tell me how Buhari planned or plans to refuse to devalue the naira , the only way to buffer the naira would be to keep spending from our savings to protect the naira but Buhari doesn't even have the luxury of that at all as his foreign reserve is too Leander and would be completely wiped out in day ,Buhari is just being mischievous if you ask me because as it is the currency has been fully devalued in real time

How is this news? This is normal now.

Why are we concerned so much about dollar, Is dollar our national currency? What is smelling in He goat is from He goat body.

We know the people who have stolen Nigeria Dry.

Cbn shd work fast nd destroy dis parallel market, shoo

alexy147:
Recession or not..Dollar increase or not.,our 2017 won't be determined by any rise and fall of naira...Amen...greater thing ahead of us all..Happy new year people..

Lol. He is praying. As if prayer can do anything. Una never ready for a great country.

Pls, experts in the house, I sincerely want to know the concept of this interbank rate, as in for whom are those rates meant? Was at the bank and I saw those rates on their display and I asked the customer care rep same question but I didn't understand what she was saying, although it seemed she didn't understand it herself.

dokJ:
thou dollar, receive ur curse against d naira. thou shall not kno peace until d naira equals u n possibly overtake u this yr 2017.

Useless religious beliefs like this has contributed in keeping our society in this hopeless condition we are now staring at! Keep waiting for God to appear and make the Naira equal to Dollar for you. Grey hairs loading...nonsense!!!

coputa:
Without any concrete plan on ground,mere wishful thinking.

I have a plan.
Do u have a plan?

If everyone has a plan then there will be a plan...

gurunlocker:
This is New Year please, don't give us bad news.

Also, Happy New Year in advance to Mavrodians

What is bad news about scarcity of Dollars is it our currency?

MrTruth4real:
Can't Nigerians do without dollars sef.

Abi ooo my brother, They talk as if dollar is our currency..

abham:
We dnt spend dollar in dis country or do we?

I wonder oooo my brother, Some of those that are wailing have nothing to do with dollars, Some of them never even touch dollars before but will jump on Nairaland and started wailing...


Now ask them what should PMB do? She he order the print of dollars and you see them mute and never reply you..

erico2k2:

When you consume foreign goods you do

And whose problem?


Must we depend on foreign goods?

NNVanguard:
Revamping our Economy is an issue that needs great financial intelligence that cuts across party lines, else, this year the dollar may cross the #500 mark.

#500 mark?
Sheer optimism.
With escalating past 2yr trend,

#600+ loading