How Naira Went From N525/$1 To N400/$1 In 3 Days - Business (8)

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How Naira Went From N525/$1 To N400/$1 In 3 Days - Business (8) - Nairaland

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Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Holiday0299(m): 2:28pm On Feb 25, 2017

It seems none of you has observed that almost all currencies are appreciating against the dollar including cryptocurrencies. A fall in dollar doesn't mean our cbn is working

1 Like

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by alt3r3g0: 2:29pm On Feb 25, 2017

juman:
Is the cbn policy sustainable?

As long as NDA dont blow any more pipelines.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by bizzibodi(m): 2:31pm On Feb 25, 2017

economic subotuers everywher & they turn around & blame buhari.that pflathead emefiele shld b sacked.

1 Like

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Adeyinka12(m): 2:38pm On Feb 25, 2017

Holiday0299:
It seems none of you has observed that almost all currencies are appreciating against the dollar including cryptocurrencies. A fall in dollar doesn't mean our cbn is working

Which one is cryptocurrencies

1 Like

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by ufumes(m): 2:43pm On Feb 25, 2017

This is the greatest free fall of dollar(within the shortest time) in history .

There is hope for the country

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by pelzzo(m): 3:12pm On Feb 25, 2017

Latest on linda ikeji https://twitter.com/lindaikeji/status/835463204620754944 naira will still fall

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by goldedprince: 3:34pm On Feb 25, 2017

FVCK OSIBANJO, pmb abeg well quick and come kick this bastard out and puch that dollar back to uts formal rate.
fvuk osibanjo Bleep isibanjo, if i sabi am in person , i for give the worst slap. se im ugly face

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Meritocracy: 3:41pm On Feb 25, 2017

So Emefiele knew this before, i once told my colleagues that it was a mistake for Buhari to keep Emefiele in that sensitive position cos he would work against him being Jonathan loyalist. I want Osinbajo to sack him immediatly for economic sabotage

1 Like

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by poiZon: 3:55pm On Feb 25, 2017

for this policy to be sustained, we need peace in the delta and also bear in mind that the foreign reserve will be fluctuating upandan.
Last week it was 30billion dolls now its 27billion dolls.

To those who accused gej of looting foreign reserves, if u r really following what is happening in nigeria since may 2015 you will by now know where our foreign exchange went.

Even civil servants dey send their shidren go ghana to go study, teachers too dey follow send dem pikin, tmrw dey will be accusing another person of looting the foreign reserve.

Millions of nigerians were just buying stuffs online, ali express etc with their naira debit card but paid in dolls, who did they think pay those dolls they paid for those goods purchase?

We accuse people blindly but in d real sense we r the real culprits.

1 Like

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 4:21pm On Feb 25, 2017

pkang:

Hmmmm wow so sorry u don't have a father, really sad sorry u hear.
I would have offered to have u as a son but already u have lacked parental training spoiled n hence u are pained about my Father.
Sorry again

You have a father, but it looks like your father is useless, that's why you'll open your gutter of a mouth to release oral diarrhoea all over here like an uncouth buffoon.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Raydans: 4:27pm On Feb 25, 2017

Professor osinbajo is more brilliant than the combination of doctor jonathan and school cert buhari grin

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Holiday0299(m): 4:56pm On Feb 25, 2017

Adeyinka12:
Which one is cryptocurrencies

The likes of bitcoin

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by pkang: 4:57pm On Feb 25, 2017

achieverme:

You have a father, but it looks like your father is useless, that's why you'll open your gutter of a mouth to release oral diarrhoea all over here like an uncouth buffoon.

Wow, u are telling the whole NL how ur father is to u and ur family.
So how useless is ur father

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 5:25pm On Feb 25, 2017

pkang:

Wow, u are telling the whole NL how ur father is to u and ur family.
So how useless is ur father

You sound so dumb.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by StepG: 5:56pm On Feb 25, 2017

lawbabs:

When I said u RE like those who can't read and write, I mean no disrespect. I just wish u wil seek more understanding than rage like those who only care about the current pain and nothing more...

The truth is it's not the issue with buying things or not. It is your excess of export over import that will drive up the value of Naira. Until the narrative changes in favour of robust export, Naira can't go up in value. And that narrative cannot change fundamentally if we only export crude oil. So it's a long painful way to Naira appreciation. My only worry is that if crude oil goes back to say $100/barrel, and production hits 2.4 billion barrels per day, then we may get too comfortable again and behave like in the days of Jonathan...

This government must continue to push for significant diversification of the economy, so that our source of forex inflow wil be many rather than only oil. These are the fundamentals bro.

nice talk

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by fF01(m): 6:12pm On Feb 25, 2017

Official rate 317 today! Kokanmi.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Lilimax(f): 6:22pm On Feb 25, 2017

SuperBlack:
This is the Reason why Buhari should remain in London as Hospital President, since he couldn't give Nigerians the Change he promised. Now one Pastor as an acting is giving out that Change. Buhari thank You for resigning Indirectly. God Bless You more. Rule Well In London Sir..

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by dannybomb(m): 6:38pm On Feb 25, 2017

that's what you get from a master mind

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by daftpikin: 6:50pm On Feb 25, 2017

ThinkDeeply:
Great news

Truly the polytechnic graduate and the mere commissioner minus the dullard are doing some great job.

mathematically, if things keep on acting this way,

And the exchange rate still adhering to this new found strategy.

In 9.2 days

1Naira will become 1 Dollar.

Abeg who be polytechnic graduate

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by pkang: 7:01pm On Feb 25, 2017

achieverme:

You sound so dumb.

Not as ur father I believe.
Well don't call on peoples father because what u really quoted me in the first place has a different meaning from what u quoted me for.
My father is a good literature teacher and I am very proud of him.
He is not like ur Bubu and won prizes when he was a principal in secondary school.
Like I said earlier, I can lend u some of the home training my father gave to me.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 7:06pm On Feb 25, 2017

daftpikin:

Abeg who be polytechnic graduate

According to Reno omokri The finance minister Adeosun na polytechnic graduate.
Saraki called osibanjo mere commissioner
And nairalanders call buhari dulllard

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by daftpikin: 7:16pm On Feb 25, 2017

ThinkDeeply:

According to Reno omokri The finance minister Adeosun na polytechnic graduate.

Saraki called osibanjo mere commissioner

And nairalanders call buhari dulllard

LOL, thanks

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by xxgig(m): 7:26pm On Feb 25, 2017

adioolayi:
If you were celebrating the depreciation of the Naira EVERYDAY, why are you asking me not to celebrate the appreciation EVERYDAY? #Copied

Even if it appreciate by #1 , Credit to the "polytechnic graduate " and Emefiele......kudos to "mere commissioner" too.

#GodBlessNigeria

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Irishrena1(f): 7:55pm On Feb 25, 2017

Please Buhari don't return until 2019. We can't come and die for you and your family to be trading with our forex. Osinbajo abeg just ride on

2 Likes

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Matrycx(m): 8:02pm On Feb 25, 2017

JaneyBlingx:
Uncle Buhari please keep on resting in London. Infact jaye ori eh till 2019. Lord Almighty please let the doctors find more reasons to keep bubu there. Ki eni je malaria ki ola je typhoid ki otunla je jaundice

chai i fear o

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by Nobody: 8:41pm On Feb 25, 2017

Once it gets to 300 naira, Buhari will rush back and increase it to 1,000 naira this time around.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by SuperBlack: 10:18pm On Feb 25, 2017

Lilimax:

Lolz

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by millhouse: 10:19pm On Feb 25, 2017

nic

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 11:14pm On Feb 25, 2017

pkang:

Not as ur father I believe.
Well don't call on peoples father because what u really quoted me in the first place has a different meaning from what u quoted me for.
My father is a good literature teacher and I am very proud of him.
He is not like ur Bubu and won prizes when he was a principal in secondary school.
Like I said earlier, I can lend u some of the home training my father gave to me.

Looks like the literacy of your village-champion father is more or less like a curse on your life. If your father's literacy had been useful to your useless life, you wouldn't have open dat your gutter of a mouth anyhow.

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by KingsleyTMTTM(m): 4:39am On Feb 26, 2017

I can't believe two adults are cursing each other father's like this @achieverme @pkang:

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by pkang: 7:46am On Feb 26, 2017

achieverme:

Looks like the literacy of your village-champion father is more or less like a curse on your life. If your father's literacy had been useful to your useless life, you wouldn't have open dat your gutter of a mouth anyhow.

Thank God you acknowledge my Father as a champion. Yes he started his success from his country home, his very village and has gone to other places to display his unbeatable experience and success therefore your #villagechampion is a clear portray of your very own father but i bet if your father is a champion in your village because he is beaten to at every event even in his family.
Like i keep on saying, you have missed something in life, parental love and training hence your person as u r today. grin

Re: How Naira Went From N525/$1 To N400/$1 In 3 Days by achieverme(m): 7:49am On Feb 26, 2017

pkang:

Thank God you acknowledge my Father as a champion. Yes he started his success from his country home, his very village and has gone to other places to display his unbeatable experience and success therefore your #villagechampion is a clear portray of your very own father but i bet if your father is a champion in your village because he is beaten to at every event even in his family.
Like i keep on saying, you have missed something in life, parental love and training hence your person as u r today.

How come you are rotten and uncouth? Did your father fail to teach you common sense or what? Doesn't that make your father a failure?

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