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Nairaland Forum / Nairaland / General / Business / Naira Gains Momentum, Closes At 390/dollar (17274 Views)
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Re: Naira Gains Momentum, Closes At 390/dollar by tweetsme(m): 8:41am On Apr 20, 2017 |
HAH:Now I believe Nigerians not ready for pure Development... 1 Like |
Re: Naira Gains Momentum, Closes At 390/dollar by KingsleyCEO: 8:42am On Apr 20, 2017 |
rozayx5: My honest answer is nothing. |
Re: Naira Gains Momentum, Closes At 390/dollar by KingsleyCEO: 8:44am On Apr 20, 2017 |
Tflex01:Another blind individual swimming in delusion. I am really pained for you. |
Re: Naira Gains Momentum, Closes At 390/dollar by Nobody: 8:51am On Apr 20, 2017 |
Paper economy. Anytime Adsense payment wants to clear it will crash. You people should just continue this nonsense. Currency is rising and falling and the cost of garry keeps increasing. Issokay o. You People should just continue this nonsense. And the APC people will be shouting Change Change. Peeps who don't know the price of red oil in the market. Ndi ara |
Re: Naira Gains Momentum, Closes At 390/dollar by legendsilver(m): 8:54am On Apr 20, 2017 |
Breaking news: $1=#385 God bless Nigeria, Amen 1 Like |
Re: Naira Gains Momentum, Closes At 390/dollar by chukel(m): 9:06am On Apr 20, 2017 |
dayus444:knee-jerk not kneel-jack 1 Like |
Re: Naira Gains Momentum, Closes At 390/dollar by stallionng: 9:07am On Apr 20, 2017 |
one may argue that BDC have their functions and advantages. yes but their disadvantages of acting as a conduit pipe of raping our economy have outweighed their advantages and of course if every bank is mandated to have a fully functional foreign exchange department charged with sell of currencies and closely monitored by CBN and EFCC.these will checkmate their excesses |
Re: Naira Gains Momentum, Closes At 390/dollar by Proudlyngwa(m): 9:13am On Apr 20, 2017 |
wristbangle:And what makes you think the don't have long term plans. I know of the federal backed agriculture initiative. What the are doing now, should have been done before things got out of hand. This government was too slow in reacting. 2 Likes |
Re: Naira Gains Momentum, Closes At 390/dollar by donmalcolm21(m): 9:42am On Apr 20, 2017 |
modath:Some people re feeling the record heat of this dummy they sold to us. Imagine she is still saying Sai baba in another thread. BMC na wa ooo |
Re: Naira Gains Momentum, Closes At 390/dollar by VirginFinder: 9:47am On Apr 20, 2017 |
Truth234: She's just a pained speculator who is finding it difficult to bear the losses she is suffering. Stop trying to appease her. |
Re: Naira Gains Momentum, Closes At 390/dollar by donmalcolm21(m): 9:52am On Apr 20, 2017 |
2dugged:don't mind her. She is just crying as a BMC agent |
Re: Naira Gains Momentum, Closes At 390/dollar by VirginFinder: 9:53am On Apr 20, 2017 |
onatisi: You are a pathetic; pained speculator. So you want the Naira to fall to N1000 abi? Wait, let Dangote refinery begin operations. Una go hear wen! 2 Likes |
Re: Naira Gains Momentum, Closes At 390/dollar by Nobody: 9:55am On Apr 20, 2017 |
modath: Look at the image again, the first pic is going n returning, while the second is one-way(just going). So that pic is a lie |
Re: Naira Gains Momentum, Closes At 390/dollar by gqboyy(m): 10:05am On Apr 20, 2017 |
They r experimenting on us |
Re: Naira Gains Momentum, Closes At 390/dollar by grandstar(m): 10:32am On Apr 20, 2017 |
989900: Nice to read about the appreciation. However simply throwing money st the problem isn't the solution. Until the exchange rate is allowed to float, that is governed by forces of demand and supplying, the forex shortages plaguing the country will not end. The refusal to accept a float leaves the gap between the official and black market rates at very unhealthy levels. 2 Likes |
Re: Naira Gains Momentum, Closes At 390/dollar by olujastro: 12:06pm On Apr 20, 2017 |
wristbangle:With the fx injection, everyone who needs fx is getting fx as it was before the drop in oil prices. Whether it's the manufacturers, overseas students, BTA/PTA, Dangote refinery, etc. which should be normal for every functioning country. In addition, the black market rate is also dropping which in turn brings down inflation which positively affects the economy especially the poor. That's why I asked for her expectation from the CBN cos I thought she has another perspective to it. Concerning what you stated, we also earn massive revenues from IGR. FIRS under Fowler for example generated N3.3tr in 2016. Customs generate about N1tr annually as well as other govt agencies. So infrastructure will always be funded with those in addition to oil revenues. Taking the economy away from Oil will only happen gradually, not even under a decade years. Are we supposed to pause the entire country for infrastructure alone? 1 Like |
Re: Naira Gains Momentum, Closes At 390/dollar by Tflex01: 12:47pm On Apr 20, 2017 |
KingsleyCEO: You should be pained for your dad kid |
Re: Naira Gains Momentum, Closes At 390/dollar by Tflex01: 12:51pm On Apr 20, 2017 |
dragonking3: Please keep weeping. You never wished this administration well in the first place. |
Re: Naira Gains Momentum, Closes At 390/dollar by Fourwinds: 2:09pm On Apr 20, 2017 |
tweetsme:sometimes when I see d pessimism some of u have about d present government., I marvel....hope u know Dangote refinary is coming up soon which have never been. hope u know Lagos and Kebbi are into rice production now and they intend to increase d out put...some other states and private individual are also interested too...hope u know tomatoes productionis also in d increase and Dangote is also going in there...I can go on and on..so if CBN is temperary suporting d Naira remember what will use hard currency to buy before will soon be done here 1 Like 1 Share |
Re: Naira Gains Momentum, Closes At 390/dollar by Godspikin: 3:40pm On Apr 20, 2017 |
989900: Where in Ejigbo please, I need to buy... |
Re: Naira Gains Momentum, Closes At 390/dollar by 989900: 3:48pm On Apr 20, 2017 |
Godspikin: I can't do that again, bro. Last time I did on NL, it didn't go well. Just try your luck at Ejigbo or anywhere basically, looks like rates are falling 'cause of Whistleblower policy and cashless policy stuffs. |
Re: Naira Gains Momentum, Closes At 390/dollar by AlphaStyles(m): 4:58pm On Apr 20, 2017 |
oyienootieno: don't you get it when I send money from outside change it and see |
Re: Naira Gains Momentum, Closes At 390/dollar by KingsleyCEO: 9:12pm On Apr 20, 2017 |
Tflex01: But I'm not. I am Sincerely pained for you! |
Re: Naira Gains Momentum, Closes At 390/dollar by AerialMapper: 1:37am On Nov 07, 2022 |
Tflex01: Hiiiiā¦ just came to visit you here. What do you have to say about the Naira today? Awaiting your honest comments |
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