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Nairaland Forum / Nairaland / General / Business / How Much Did You Exchange The Dollar For Today? (1138583 Views)
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Re: How Much Did You Exchange The Dollar For Today? by Nobody: 9:56pm On Aug 20, 2016 |
Bookiemart01: the problem with innoson, is little or no awareness, unavailability of spare parts compared to toyota and less partnership with companies, if these are properly put in place, this can make ppl 4get to buy toyota |
Re: How Much Did You Exchange The Dollar For Today? by grandstar(m): 9:57pm On Aug 20, 2016 |
Singapore1: We may be impressed about China's manufacturing prowess but it's not all that it seems! China is still a developing country and many of the good produced there should simply state "well assembled in China". A lot of the high tech components are imported especially from Japan, South Korea and Taiwan. China has massive trade deficits with these countries. It was estimated about 5years ago that China only contributed 5.3% to the value of the iPhone which is manufactured there. Most of the highest parts are imported. It is even manufactured in China by a Taiwanese company by the name Foxtronn that has over a million workers in China. Due to rising costs in China, it is setting up factories in Inland China where wages are much lower that those of coastal cities. China technical prowess is however rising and it's becoming a thorn in Taiwan's flesh as its encroaching in many of the high tech industries where the Taiwanese were world leaders. China's protectionist ways is not to be praised but condemned. There is nothing wrong with importing as long as you export. A win lose scenario that China pursues never ends well. Presently its economy is trying to refinance from manufacturing to services. This won't be easy but they have started 1 Like |
Re: How Much Did You Exchange The Dollar For Today? by grandstar(m): 10:03pm On Aug 20, 2016 |
Singapore1: Even if you have something in abundance, you may still be a massive importer of that stuff. America has cotton in abundance but it is a massive importer of textiles because it's labour costs are extremely high. Textile manufacturing is suited for poor countries where labour is cheap. Textile manufacturing is labour intensive with labour constituting as high as 66% of the cost of textiles. 1 Like |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 10:05pm On Aug 20, 2016 |
Re: How Much Did You Exchange The Dollar For Today? by onatisi(m): 10:11pm On Aug 20, 2016 |
Ihavespoken:reset a 77yrs old man brain? How many more years does he even have left |
Re: How Much Did You Exchange The Dollar For Today? by onatisi(m): 10:12pm On Aug 20, 2016 |
Gunbiz:I wonder ooo |
Re: How Much Did You Exchange The Dollar For Today? by Singapore1(m): 10:21pm On Aug 20, 2016 |
We may be impressed about China's manufacturing prowess but it's not all that it seems! so you are telling me they are decieving us right? you sound just like the Americans, now i see the reason why you condemn cctv too ( because it's not bbc or cnn ) China is still a developing country and many of the good produced there should simply state "well assembled in China". A lot of the high tech components are imported especially from Japan, South Korea and Taiwan. China has massive trade deficits with these countries. It was estimated about 5years ago that China only contributed 5.3% to the value of the iPhone which is manufactured there. Most of the highest parts are imported. It is even manufactured in China by a Taiwanese company by the name Foxtronn that has over a million workers in Chinathe chinese love their xiaomi smartphone more any smartphone , and we both know the reason why Iphone is manufactured there and like i said earlier majority of these parts are alloy and plastic this is simply law of demand and remember we are talking about the largest population in the world and the fact that they are manufacturing doesnt mean everything will come cheap China technical prowess is however rising and it's becoming a thorn in Taiwan's flesh as its encroaching in many of the high tech industries where the Taiwanese were world leaders.i dont understand China's protectionist ways is not to be praised but condemned. There is nothing wrong with importing as long as you export. A win lose scenario that China pursues never ends well.sound like the americans again, you must like CNN Presently its economy is trying to refinance from manufacturing to services. This won't be easy but they have started 2 Likes |
Re: How Much Did You Exchange The Dollar For Today? by Singapore1(m): 10:27pm On Aug 20, 2016 |
grandstar:Even if you have something in abundance, you may still be a massive importer of that stuff. |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 12:29pm On Aug 21, 2016 |
Make Una leave China abeg. What options are available for Nigerians to become great despite government excuse and failures? |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 12:35pm On Aug 21, 2016 |
Infinitikoncept: we should support ourselves, patronise nigerian made, ranging from using glo sim card, using innoson motors, using konga and other nigerian rendered services |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 12:38pm On Aug 21, 2016 |
Gunbiz:Glo Sim? No comment Innoson motors? How much is their cheapest car and do they allow mortgage payments? Konga? Na imported goods we dey sell on their platform na or which Konga u dey refer to? 3 Likes |
Re: How Much Did You Exchange The Dollar For Today? by Singapore1(m): 12:48pm On Aug 21, 2016 |
Infinitikoncept: ![]() ![]() ![]() |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 1:17pm On Aug 21, 2016 |
Infinitikoncept: lool, if we continue to criticize them like this, how will we grow? |
Re: How Much Did You Exchange The Dollar For Today? by bdavis: 1:23pm On Aug 21, 2016 |
Infinitikoncept: Make una come patronize me, I dey do event management and ma props are made in Nigeria...whalahi! |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 1:29pm On Aug 21, 2016 |
Gunbiz:I'm only stating the obvious and asking a question. I know GLO dey try in some areas with data and call rate so I no comment but innoson motors, that's k-leg if you can't provide cheap cars like what henry ford did or you provide a flexible payment system that an average Nigerian earning 80-120k/month can afford. Who no like new car but where the money dey? As per Konga, just tell them to release the money they are owing me first biko before I comment on their own matter cox they ain't manufacturers but e-commerce sites. |
Re: How Much Did You Exchange The Dollar For Today? by Shakitibob0: 1:45pm On Aug 21, 2016 |
Infinitikoncept:i bought a glo sim 2days back - - - subscribe 2k5---my brother--this is the only action i have regreted since my birth 8 Likes 3 Shares |
Re: How Much Did You Exchange The Dollar For Today? by Bookiemart01(f): 1:59pm On Aug 21, 2016 |
Truth is Nigerians really want to patronize indigenous companies BUT, there are lot of issues Most services provided by indigenous companies are annoying!!!!! The cost sometimes are very high compared to shipping from other countries It all boils down to the fact that Nigeria has no institution or structure......nothing works here....those who have tried to do "proudly Nigeria " have bitten their fingers. By the way, Konga doesn'tmanufacturer, they assist in helping people like baba infinitikoncept to sell their imported products ![]() Glo's data and voice service could be very annoying in some areas....forget cheap rates....Nigerians like quality services Innoson, me I actually want new car but I don't have the money......how have they helped? Infinitikoncept: Gunbiz: |
Re: How Much Did You Exchange The Dollar For Today? by Bookiemart01(f): 1:59pm On Aug 21, 2016 |
I'm rolling with laughter ![]() ![]() Shakitibob0: |
Re: How Much Did You Exchange The Dollar For Today? by gocare: 2:10pm On Aug 21, 2016 |
Shakitibob0: hahahahahaha OMG, watin happin, same here o, the tin no gree browse. Very funny. |
Re: How Much Did You Exchange The Dollar For Today? by bdavis: 2:52pm On Aug 21, 2016 |
gocare: Which phone u dey use with am...na wetin I dey use and e dey work well4me...85% of d time sha |
Re: How Much Did You Exchange The Dollar For Today? by XX01(f): 2:57pm On Aug 21, 2016 |
What's the exchange rate for dollars and pounds today? |
Re: How Much Did You Exchange The Dollar For Today? by gocare: 6:12pm On Aug 21, 2016 |
bdavis: Itel o, i later tried infinix, e no just send me. |
Re: How Much Did You Exchange The Dollar For Today? by bdavis: 7:47pm On Aug 21, 2016 |
gocare: Hmmm...and na blackberry me dey use o. Maybe na ya area. |
Re: How Much Did You Exchange The Dollar For Today? by bdavis: 7:52pm On Aug 21, 2016 |
Infinitikoncept: Uncle infinitikoncept, na everybody dey owe you: gtbank, stanbic, konga...abeg make me sef come owe you na, make I chop your money small ![]() |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 8:22pm On Aug 21, 2016 |
Infinitikoncept: like bookie said he is importing the parts and i think dats y d spare parts are nt readily available, by d way how long has konga been owing u? When i was into konga, they were paying 5 working days after delivery, And d fact that they r e-commerce site gives them d opportunity 2 b popular like amazon, ebay, newegg and d likes if we give dem maximum support. Instead of us looking 4 how 2 buy dollar and harvest it when it is ripe, we should put all those money in the shares of the companies we have in country as investors are pulling out |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 8:28pm On Aug 21, 2016 |
Shakitibob0:Naija no go kill person with laughter |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 8:28pm On Aug 21, 2016 |
bdavis: lool, very soon buhari go owe am |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 8:29pm On Aug 21, 2016 |
bdavis:They just kept dribbling me ni ooo. The money don hang for escrow till date him no show forth |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 8:33pm On Aug 21, 2016 |
Gunbiz:Don't worry we go give them correct support but tell them to allow us buy their shares but na chinko I dey see for their top guys. Are you sure its owned by Nigerians? |
Re: How Much Did You Exchange The Dollar For Today? by Infinitikoncept(m): 8:37pm On Aug 21, 2016 |
Gunbiz:Abeg leave grandpa matter for my case let the guy enjoy his old age flexing with our money up and down. Na him season him dey ooo very soon me sef go reach that level when millions will look like one thousand naira note to me. |
Re: How Much Did You Exchange The Dollar For Today? by Nobody: 8:43pm On Aug 21, 2016 |
Bookiemart01: dont worry, i believe another indigenous car company will surface and d prices will b competitive 4 u & i |
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