Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,207,172 members, 7,998,041 topics. Date: Saturday, 09 November 2024 at 04:20 AM |
Nairaland Forum / Nairaland / General / Business / Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index (30791 Views)
Aloy Chife Asks CBN To Abolish Official FOREX Market, Allow Naira Float / Dangote, Abdulsamad Rabiu And Dahiru Mangal In Mecca (Photos) / Abdulsamad Rabiu Gives Emir Of Kano, Aminu Ado, A N200M Worth Rolls Royce Car (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Dottore: 8:46am On Jun 16, 2023 |
Ok |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by bigdammyj: 8:47am On Jun 16, 2023 |
Noted. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Gbenga4ever1411: 8:47am On Jun 16, 2023 |
The Rich also cry ðŸ˜ðŸ˜ðŸ˜ |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Lincton: 8:47am On Jun 16, 2023 |
When they have been making much more what was there impact? Dangote is a man to be checked if the economy would work. Enjoying waivers upon waivers on taxes and his commodities were outrageous |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by LARRYOBRAIN(m): 8:51am On Jun 16, 2023 |
Okay now, we will know the true billionaires. Corruption fighting back. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Sermwell(m): 8:52am On Jun 16, 2023 |
GanagiBeetrus:So signing of bills without implementation is now an achievement? Why are Nigerians easily decieved? 3 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by millionboi2: 8:55am On Jun 16, 2023 |
Ladishx:thief |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by ChybuzzDD(m): 8:56am On Jun 16, 2023 |
jmoore: Don't them. Those who have been programmed to be praise singers will never understand/attempt to understand anything. 7 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Blazebond(m): 8:56am On Jun 16, 2023 |
If na Igbo people this two men be ehn,we for nor dey hear word for Nigeria at all,the noise ehn. 5 Likes 1 Share |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by XAUBulls: 8:58am On Jun 16, 2023 |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by omoadeleye(m): 8:58am On Jun 16, 2023 |
jmoore: Naira can only lose value to dollars okay and not lose value in your country 4 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by masseratti: 8:58am On Jun 16, 2023 |
jmoore:you very wrong.. Nothing reduced in your own money value because you don't have access to the CBN Window Dangote and Samad has access to 99.5% of Nigerians were sourcing their own money from the black market.. So no change in value oga. 5 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by gloryman91: 8:59am On Jun 16, 2023 |
Septagon: |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by siraj1402(m): 8:59am On Jun 16, 2023 |
Septagon:What's the quality of the printing? I need it as much as possible. Let me have the titles. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Gamesmart: 9:00am On Jun 16, 2023 |
TemplarLandry: And so? |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Tmex(m): 9:01am On Jun 16, 2023 |
Raheeqilmaktoom: You are correct in that they are affected because their money is in naira, just as every other business man But the truth is, they needed more naira to buy the dollars than they always do prior this time, which obviously depleted their naira . 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by blueAgent(m): 9:01am On Jun 16, 2023 |
GanagiBeetrus: Audio Polices. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Gamesmart: 9:02am On Jun 16, 2023 |
Samunique: I can guarantee you that your life will have ended even before they lose their hair. Talk less of becoming non-billionaires. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by BATified2023: 9:03am On Jun 16, 2023 |
TemplarLandry:dangote was never a real business man in d real sense, he only benefits from Nigeria corruption cycle n romance with the government which gives him d monopolistic edge Dangote can’t survive in a competitive market 6 Likes 3 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by ChybuzzDD(m): 9:03am On Jun 16, 2023 |
omoadeleye: Are you for real? Didn't the cost of things increased in Nigeria?? Can you still use 100 naira now to purchase the same goods you bought with 100naira a few weeks ago? Why are you guys this hypocritical? Just because your tribe or religious man is the one in power? Nawaoo 8 Likes 2 Shares |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Sorrynovex: 9:04am On Jun 16, 2023 |
BATified2023: So you know this But if he was from ekiti or Oyo he can survive in the competitive market abi 🤷 #sorrynovex |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by onadana: 9:05am On Jun 16, 2023 |
jmoore: Is the N500,000 listed in the Stock market? Wetin you dey talk? 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Allisgud: 9:05am On Jun 16, 2023 |
jmoore:how na |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Gamesmart: 9:05am On Jun 16, 2023 |
jmoore: Nonsense! How is the ordinary man's Naira losing value? It is clear it is you that do not get the picture. 2 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by 77up(m): 9:05am On Jun 16, 2023 |
GanagiBeetrus:Calm down, today is his 16th days in office. |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by ZaddyJ: 9:06am On Jun 16, 2023 |
Ihateheadslamer:Every country has a dangote ,its just that the case of Aliko dangote's was just too much . One man has been the one controlling our economy since the 80. American and European countries has one or two dangote's but not like our very Dangote |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Teenaira: 9:06am On Jun 16, 2023 |
GanagiBeetrus: Hatred is a disease that can not be cured in the hospital. 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by imbless: 9:06am On Jun 16, 2023 |
omoadeleye:WTF This is nothing but a stupid comment! in this country that is dependent on importation. You guys are just irredeemable tueh! 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Nobody: 9:06am On Jun 16, 2023 |
If well managed, I think the naira will start to gain strength even. BDCs were only pushing the prices up. It would have kept going up from generation to generation because the BDCs will have to profit. It's the only way they make profit. But now, there's free float. Professionals are at the top. Things will only fall in place. Especially if the dangote refinery comes in. More forex availability. Also, If oil production is successfully pushed to 4m per day, I see a downward trend for dollar. 2 Likes |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by FunkyAlhaji2015: 9:07am On Jun 16, 2023 |
TemplarLandry: Lemme attempt to educate you a bit. Dangote and Rabiu have lost nothing literally. Before now their wealth was calculated from naira to dollar using 460 naira exchange, but now it has been re-based to 680 naira. It means every Nigerian has lost money including Tinubu if you're to re-calculate their wealth now in dollars. 1 Like |
Re: Naira Float: Dangote, Abdulsamad Rabiu Lost $5.85bn, Say Bloomberg Index by Gamesmart: 9:07am On Jun 16, 2023 |
shortgun: Wow! You are a proper Anal-ist! |
(1) (2) (3) (4) (5) (6) (Reply)
CBN Sacks CEOs And Management Of Five Banks / FG Raises Import Duties On Luxury Goods, Food Items That Have Local Alternatives / Femi Otedola & Folorunsho Alakija Dance At Daisy Danjuma's 65th Birthday Party
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37 |