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Dollar Crunch Turns Nigerian Banks Into Africa’s Cheapest Stocks - Bloomberg / Yields Rush To Rescue One Of World’s Worst Stock Markets / Nigeria’s Stocks Among World’s Best-performers In 4 Months – Bloomberg (2) (3) (4)
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Re: Investors Rush To Nigeria - Bloomberg by omonnakoda: 2:56pm On May 21, 2020 |
RTSC:they are not "useless" That is just a denomination issue. A Kilogram is a Kilogram whether you call it 1000 grams or 1000000 milligrams |
Re: Investors Rush To Nigeria - Bloomberg by JuanDeDios: 2:57pm On May 21, 2020 |
Jarus:Interesting point. So what's your projection for the naira in the near future? |
Re: Investors Rush To Nigeria - Bloomberg by wink2015(m): 2:57pm On May 21, 2020 |
They should go and " TELL IT TO THE MARINES" This is PAID PROPANGANDA by the fg |
Re: Investors Rush To Nigeria - Bloomberg by OKTolu: 2:58pm On May 21, 2020 |
Nigeria kee, ok ooo |
Re: Investors Rush To Nigeria - Bloomberg by Nobody: 2:58pm On May 21, 2020 |
na format - sebi we sabi drink crude oil na revolutionists dey come.. awon oshi Buharists |
Re: Investors Rush To Nigeria - Bloomberg by RTSC: 2:59pm On May 21, 2020 |
omonnakoda:But the FG is not focusing on the fundamentals. They are spending billions of dollars defending the currency. Billions that should have gone into Elecyricity, infrastructure. Let the naira crash, any company that want to go should go, pour the billions of dollars into the fundamentals. Those companies will come back in time and we will have a real economy. 1 Like |
Re: Investors Rush To Nigeria - Bloomberg by RTSC: 3:02pm On May 21, 2020 |
omonnakoda:It is not useless of course ,at least in South Korea. But based on the definition of the illiterate Nigerian business man, it is useless currency. 2 Likes |
Re: Investors Rush To Nigeria - Bloomberg by ebuka1997: 3:03pm On May 21, 2020 |
Ooni:Paid article on Bloomberg? Are you dreaming.. you think it’s punch abi 1 Like |
Re: Investors Rush To Nigeria - Bloomberg by Golan007: 3:05pm On May 21, 2020 |
obstead200: But when they aren't attracted, its because government doesn't know what it's doing. This is what your face is like hearing this news: 1 Like
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Re: Investors Rush To Nigeria - Bloomberg by SoNature(m): 3:05pm On May 21, 2020 |
AroleOduduwa2: Keep quiet Bloomberg is not a cheap softsell 1 Like 1 Share |
Re: Investors Rush To Nigeria - Bloomberg by TOPCRUISE(m): 3:05pm On May 21, 2020 |
Buhari is working |
Re: Investors Rush To Nigeria - Bloomberg by Ooni: 3:05pm On May 21, 2020 |
ebuka1997:yes. it a sponsored advert. |
Re: Investors Rush To Nigeria - Bloomberg by omonnakoda: 3:06pm On May 21, 2020 |
RTSC:Actually it is a misrepresentation to say they "spend " to defend. Naira is a CBN debt and when the CBN sell dollars in exchange for naira It is redeeming its debts. Those dollars are not government money to spend on anything I don't know what you mean by let the Naira crash .That is irresponsible. The naira should trade at realistic rates and if overvalued should adjust but adjustments should not be abrupt. Economics is not physics or Mathematics. There are always emotions involved. Confidence is important and the fundamental, the real fundamental is our appetite for imported goods must be curbed. We need to introduce smart protectionism and stop being naive about so called free trade. There is nothing like that anywhere 2 Likes 1 Share |
Re: Investors Rush To Nigeria - Bloomberg by Golan007: 3:06pm On May 21, 2020 |
RTSC: Rubbish. Would you feed the civil servant earning 45k? |
Re: Investors Rush To Nigeria - Bloomberg by usmanbaba(m): 3:06pm On May 21, 2020 |
Fastestmanalive:Enemy of the state 1 Like 1 Share |
Re: Investors Rush To Nigeria - Bloomberg by Golan007: 3:08pm On May 21, 2020 |
Exc2000: Why can't Venezuela issue bonds that would be half subscribed if it's so simple? |
Re: Investors Rush To Nigeria - Bloomberg by Samade7: 3:08pm On May 21, 2020 |
investors ko festus ni |
Re: Investors Rush To Nigeria - Bloomberg by Acidosis(m): 3:09pm On May 21, 2020 |
More like Investors rush to Nigeria to take advantage of the pandemic and cash out big. Greek gift things. |
Re: Investors Rush To Nigeria - Bloomberg by Nobody: 3:10pm On May 21, 2020 |
rushing in to wreck the economy further with debts |
Re: Investors Rush To Nigeria - Bloomberg by MondayOsunbor(m): 3:11pm On May 21, 2020 |
Fastestmanalive: i wonder de person wan commit suicide |
Re: Investors Rush To Nigeria - Bloomberg by Truthbites: 3:11pm On May 21, 2020 |
Can a good Economist explain what this post means? Are these audio investors? Is it audio news? Investing in what? They even mentioned IMF loan..I beg better Economist o. Not all these half baked ones..I de wait. |
Re: Investors Rush To Nigeria - Bloomberg by Clothingonline9(m): 3:11pm On May 21, 2020 |
Affordable Europe clothing payment on delivery within Lagos and to all nationwide |
Re: Investors Rush To Nigeria - Bloomberg by Gaggii: 3:14pm On May 21, 2020 |
1deca: Are you high? I already wrote my name in the book of life In nysc camp |
Re: Investors Rush To Nigeria - Bloomberg by Sagay212: 3:15pm On May 21, 2020 |
LMAO! I THINK NIGERIANS AND MOST AFRICANS COUNTRIES DON'T DESERVE INDEPENDENCE. WE SHOULD HAVE CONTINUED TO BE FULL TIME SLAVES. WE DEPEND ON WHITES AND COPY THEM SENLESSLY. I WONDER WHO THE USELESS INVESTORS ARE. PEOPLE WITH STRONGER ECONOMY ARE OBSERVING LOCK DOWN AND A USELESS COUNTRY LIKE AFRICA WHO HAS LOST AND IS STILL LOOSING MILLIONS OF HER CITIZENS TO HUNGER, BOKO HARAM, POLICE BRUTALITY, POOR HEALTH SECTOR IS FOOLISHLY COPYING DEVELOPED COUNTRIES TO OBSERVE LOCKDOWN. THE USELESSS POLITICIANS TELL YOU TO STAY AT HOME AND SUFFER WHILE THEY ENJOY ALL THE WEALTH OF THE NATION. THEY CAN TAKE MONEY FROM COUNTRY ANYTIME THEY WANT AND THEY CONTINUE TO STEAL AND MISMANAGE MONEY DONATED BY FOREIGN COUNTIRES AND THE ABACHA LOOT RETURNED. THEY IMPOSE CURFEWS BUT MOVE ANYTIME THEY WANT TO WITH SIRENS. YOU THINK THEY WANT YOU TO STAY AT HOME BECAUSE THE LOVE YOU? NO. THEY WANT YOU ALIVE SO THAT WHEN THE PANDEMIC IS OVER, THEY CAN CONTINUE TO USE YOU YO GET DONATIONS AND COLLECT TAXES FROM YOU AND LIVE LARGE. NIGERIA IS TOO USELESS TO BE EXISTING AS A COUNTRY. EVERYTHING IS ABNORMAL ABOUT NIGERIA. LIES AND DECEIT ALL THE PHUCKING TIME. THEY HAVE BEEN BORROWING BILLIONS OF DOLLARS( BOTH PAST AND PRESENT GOVT) AND HAVE NOTHING TO SHOW FOR IT. YOU DON'T WANT TO DIE OF COVID BUT YOU ENJOY THE EXTREME HARDSHIP FROM A USELESS GOVT . |
Re: Investors Rush To Nigeria - Bloomberg by ajl: 3:15pm On May 21, 2020 |
Lie, lie, lie. How many times have we read such news from western media. Its all junk. It has no meaning to the man on the street or the phone cards seller at the cornershop. |
Re: Investors Rush To Nigeria - Bloomberg by omonnakoda: 3:16pm On May 21, 2020 |
Golan007:Venezuela has been a naughty boy. They nationalised their oil and kicked out US oil companies |
Re: Investors Rush To Nigeria - Bloomberg by Angelfrost(m): 3:16pm On May 21, 2020 |
Exc2000: ...And by borrowing massively (which our moronic leaders will do), they will lay claim to the best of the nation in years to come!!! Bottom line, this nation is ripe for the taking!!!... It's just like a football club going bankrupt, hence begging a wealthy business man to take it over. Thanks for clarifying for those too dimwitted to comprehend. |
Re: Investors Rush To Nigeria - Bloomberg by profmallor: 3:18pm On May 21, 2020 |
More suffering for Nigerians in 2020, as Government would over tax everyone to make up for the deficit in the budget from oil prices, Hike in prices of all commodities as the Naira falls further to the dollars. Once the IMF smiles at you, more hardship is on the way. Mechanized Agriculture is the way out uote author=olaboy33 post=89799652]Who can explain the Above in English [/quote] |
Re: Investors Rush To Nigeria - Bloomberg by anthony86(m): 3:20pm On May 21, 2020 |
This investors are coming for the kill. They would hold the government by the balls and dictate the rule of the game. |
Re: Investors Rush To Nigeria - Bloomberg by Golan007: 3:21pm On May 21, 2020 |
omonnakoda: Fact, is not every country can issue government bonds that would be fully subscribed. Venezuela is a good example. |
Re: Investors Rush To Nigeria - Bloomberg by ajl: 3:22pm On May 21, 2020 |
Exc2000: It's like big boys calling on one another that it's party time and everyone should come with his or her knife and fork. Party is happening in Nigeria. The West are tricksters. They know how to fiddle with global issues and use it to milk poor nations or countries with stupid and corrupt politicians. I remember Y2K before the end of last millennium. Even this pandemic, they are behind it. Some of them are laughing to the banks. |
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