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Nairaland Forum / Nairaland / General / Business / Naira Crashes To N484 Against Dollar As More Bdcs Go Underground (24160 Views)
Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens / Dollar Sells For N420, Naira Crashes In Value / Sola David-Borha, The Highest Paid CEO In Nigeria Makes N484,931 Daily (2) (3) (4)
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Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 7:36pm On Dec 02, 2016 |
bezimo: stop giiving imbeciles like Ubah glory ad importance they do not deserve. forex inflows have dwindled, demand hasn't especially because we import all our fuel, consumables , machinery, finished goods and raw materis. and we do not export anything else in any substantial amount to earn significant forex and since we do not produce much locally, we are still depedent on imports. Stop giving any importance to any mysterious cabal. No cabal in Nigeria has pockets deep enough to make a dent on Nigeria's currency. At most you move it 10% and you run out of money. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 7:41pm On Dec 02, 2016 |
byrron:when miracles fail to happen and brain fails to work, then that's also known as double wahala for dead body! |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by bestpunterever: 7:41pm On Dec 02, 2016 |
FreeGlobe:yes, with Afonjas, You people are cursed. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by hedonistic: 7:43pm On Dec 02, 2016 |
People don't know that policies are essentially the same as decisions, and decisions can make the difference between life and death. A good decision (policy) nourishes life, while a bad decision (policy) leads to peril. Forget the grating and irritating noise about corruption. All it takes to make the nation prosper is good leadership - comprising of wisdom of the leader and competence of his team. This is what Goodluck Jonathan provided for Nigeria. Then came Buhari with his 'on repeat' SOLO battle cry of kwarapshun kwarapshun... and here we are. No leadership skills, no good decision making, no team of experts to salvage the situation, just a single, coercion-based and ultimately IDIOTIC strategy based on FIGHT KWARAPSHUN. Look how stupid we all are for allowing these kinds of brainless Daura animals into power. This is just the beginning. 1 Like |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 7:50pm On Dec 02, 2016 |
vodutive: Nija don get double wahala be day naaa |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by nwabobo: 8:11pm On Dec 02, 2016 |
vodutive: I have watched Prof. Okopedi turn sand to rice in my very before and people ate, so? |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 8:48pm On Dec 02, 2016 |
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Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Almand: 8:56pm On Dec 02, 2016 |
Earth2Metahuman:Emefiele is not actually the problem but Buhari who thinks he can force economic situation as he pleases with dss |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 9:04pm On Dec 02, 2016 |
BIBILARY:Lol,wetin come be d diff.... |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 9:17pm On Dec 02, 2016 |
malton:I feel you die, well said dear. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Earth2Metahuman: 9:41pm On Dec 02, 2016 |
Almand:so, Buhari has been making all the monetary policies? |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Newmanluckyman(m): 9:47pm On Dec 02, 2016 |
nwabobo:... Buhari body language has lost its aura. Welcome to the "body-language" forex economic policy of PMB. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by nothingspoil70: 10:04pm On Dec 02, 2016 |
Millz404: THEY ALREADY ARE |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by egobetatoday: 10:24pm On Dec 02, 2016 |
Millz404: even common Gambia exchanges 1dalasi to #10. it used to be 1 dalasi to #3 or #4 no thanks to the chief dullard in charge. Trial and error government indeed. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Olowo1940: 10:24pm On Dec 02, 2016 |
Any nations that borrow and do not produce always go into currency crush. God help us to divide Nigeria. We cant be one. Each leader with his own charater. 1 Like |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by bart10: 10:29pm On Dec 02, 2016 |
This Government is almost dead with the death of the Naira. Now you see why we said it's not through force but wisdom that you run an economy ![]() |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by tolumanzy: 11:08pm On Dec 02, 2016 |
hmmmm God bless Nigeria.... all my yahoo boys keep getting it
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Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Adeevah(m): 11:08pm On Dec 02, 2016 |
I think this Emefiele guy is the PDP agent of destruction...he is working for GEJ/PDP to de stabilise buhari |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by malton: 11:29pm On Dec 02, 2016 |
Adanna86: Hehe. Thanks, dear. It means a lot. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 1:35am On Dec 03, 2016 |
wow the more it rise more money for me.......but honestly this aint cool |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by learnedman(m): 2:51am On Dec 03, 2016 |
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Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by phestus(m): 3:20am On Dec 03, 2016 |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by onatisi(m): 3:32am On Dec 03, 2016 |
ammyluv2002:Sorry to say this ,but there is real fire on the mountain next year and u already know the chorus of that song There is fire on the mountain **n,**n,**n |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Almand: 5:25am On Dec 03, 2016 |
Earth2Metahuman:Yes!!! He said so himself. Emefiela and kemi are looking are his body language before acting. Buhari was the one who peg the dollar and make it scarce allowing the black market to flourish. He was away when emefeile ambushed him with the floating policies and when he came back he did not hid his displeasure |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Almand: 5:30am On Dec 03, 2016 |
Earth2Metahuman: |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Nobody: 7:19am On Dec 03, 2016 |
nwabobo:That's what happens when a society apply spiritually to everything practical and in their face. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Earth2Metahuman: 8:51am On Dec 03, 2016 |
Almand:how.. So the dullard has the brain to do all this? You people just talk like someone with selective amnesia.. If Buhari does Al that and at the same time for all other ministry, he must be some kind of super man. If Buhari is the one making monetary policies, then emeifulie if just a stupid figure head. Why cant he just resign then and let Buhari continue to make the policies.. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Almand: 10:50am On Dec 03, 2016 |
Earth2Metahuman:It was because of his dullness that he did all that and still doing more. He said it himself that the economists are putting pressure on him to let the naira find it true value but he refused. It was when the stupidity of his action was too much even for him that he allowed Emefiele to start playing kolokolo with the naira/ dollars situation. if Emefiele had any honor, he would have resigned since but being a typical Nigeria, he rather lose his integrity that the small power his enjoys as the CBN governor. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Earth2Metahuman: 10:52am On Dec 03, 2016 |
Almand:let naira find its true value, and what do you call floating? Do you even know the meaning of floating? Do you know the role of cbn.. Seems I'm just talking at another sentimental dimwit. Sorry no offense. Done talking. |
Re: Naira Crashes To N484 Against Dollar As More Bdcs Go Underground by Almand: 11:41am On Dec 03, 2016 |
Earth2Metahuman:You sound more stupid than Buhari. The role of cbn in a third world country like Nigeria ![]() ![]() |
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