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Nairaland Forum / Nairaland / General / Business / Devaluation: Naira Now N183 To The Dollar (25953 Views)
Naira Appreciates Against The Dollar / Naira Rallies Against The Dollar / Naira Now 172 Naira To A Dollar. Why? (2) (3) (4)
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Re: Devaluation: Naira Now N183 To The Dollar by Dee60: 1:09pm On Dec 01, 2014 |
What about the savings when oil sold for USD130? FG, please educate us on the whereabout! 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by waywardpikin: 1:09pm On Dec 01, 2014 |
I'm really happy about this recent development. As a matter of fact I was getting scared that this would never happen in my lifetime. Just wait till a mainstream alternative to fuel is created, our oil prices will not just drop, it will come crashing down. Who knows what becomes of our economy then? Maybe we would finally have no choice than to diversify our economy. No choice at all. And that is the good news. #okbye |
Re: Devaluation: Naira Now N183 To The Dollar by otokx(m): 1:11pm On Dec 01, 2014 |
Pound nko? |
Re: Devaluation: Naira Now N183 To The Dollar by grade: 1:11pm On Dec 01, 2014 |
In Otueke where I school, the price of shoe has not changed. GEJ till oyel finish 2 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by piagetskinner(m): 1:11pm On Dec 01, 2014 |
Na so so bad news 4 this naija we country....when shall we start having doses of good news ![]() 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by ibdeals1(m): 1:12pm On Dec 01, 2014 |
Damnn ![]() ![]() |
Re: Devaluation: Naira Now N183 To The Dollar by Amhappy(f): 1:12pm On Dec 01, 2014 |
NIGERIA FAILED TO PLAN 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:13pm On Dec 01, 2014 |
omenka:I trust you are being sarcastic. Anyone who believes this is an APC thing needs to be impaled via their Instruments. That goes for those who support this barbaric government that cannot get anything right. Including the roaches and turds and bottom-feeding larva that are the PDP Internet defence team. 9 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:14pm On Dec 01, 2014 |
Jeez. . Are you kidding me? ![]() |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:14pm On Dec 01, 2014 |
Tough times don't last... It's a tough time for GEJ and his administration but I am positive we will get over this.. No cause for alarm. GEJ till 2019. 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by Temidayo9(m): 1:15pm On Dec 01, 2014 |
This is TRANSFORMATION agenda in Nigeria economy. 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by paulworld(m): 1:15pm On Dec 01, 2014 |
Does that's mean Garai will increase price in the market |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:16pm On Dec 01, 2014 |
Apparently Tunde Bakare was correct about Jonathan's mission. We were too biased to listen. This so called Minister of Finance who looks like a sex-starved hag has not co-ordinated anything. Just wearing those silly goggles to look intelligent. to make matters worse she reports to a drunken fisherman who has no clue about anything except kaikai and ogogoro. 5 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by Max24: 1:16pm On Dec 01, 2014 |
omenka:Of course APC cannot be absolved of this blame. And NOI is the last person to blame. The woman had long before now been asking for saving for the rainy day but the govs, especially APC govs, were against savings. They prefer to spend everything. Thats why they are mostly indebted today.They are even in the Supreme court as we speak over the Sovereign Wealth Fund(SWF) which NOI proposed as a way of saving for the rainy day but rejected by them. They wanted all incomes to be shared and spent immediately. I remember Tinubu and Atiku calling NOI a voodoo economist over this. Now her predictions have come true. Almost all the states have no savings except the federal government. So, dont even think APC is free of this. They are the biggest culprits. http://nationalmirroronline.net/new/foreign-reserves-accumulation-voodoo-economics-tinubu/ www.nairaland.com/1218713/tinubu-fg-practising-voodoo-economic/1 www.nairaland.com/558012/jonathan-operating-voodoo-economics-alleges 5 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:17pm On Dec 01, 2014 |
Nihilist:What a befitting moniker you have. I'm not jealous... |
Re: Devaluation: Naira Now N183 To The Dollar by Piro4rl(m): 1:17pm On Dec 01, 2014 |
God Help Nigerians |
Re: Devaluation: Naira Now N183 To The Dollar by dotuna3(m): 1:18pm On Dec 01, 2014 |
chaaiiiiii dis people don finish Nigeria ooooooo how i wan buy my goods from overs nw |
Re: Devaluation: Naira Now N183 To The Dollar by EmekaBlue(m): 1:18pm On Dec 01, 2014 |
Even d dollars is falling itself |
Re: Devaluation: Naira Now N183 To The Dollar by Nobody: 1:19pm On Dec 01, 2014 |
torhuke: Sorry its not enough to s a y no cause for alarm. Your so called administration has blown away reserves that would have cushioned the blow from any economic shock such as this. There remains no attempt at diversifying our economy away from oil. So tell us what the way forward is. |
Re: Devaluation: Naira Now N183 To The Dollar by tdayof(m): 1:20pm On Dec 01, 2014 |
PassingShot:Amen |
Re: Devaluation: Naira Now N183 To The Dollar by sodiqrasaq(m): 1:21pm On Dec 01, 2014 |
adebayoadeyiga:227.5 ![]() |
Re: Devaluation: Naira Now N183 To The Dollar by Vote4Jesus: 1:23pm On Dec 01, 2014 |
The official rate as at today 1st of Dec. 2014 is N185.7027/USD. It's high time we diversify our economy and break the genes of over dependent on oil. |
Re: Devaluation: Naira Now N183 To The Dollar by rad8(m): 1:23pm On Dec 01, 2014 |
i was shocked too ooo....bougth something online on friday and i was charged higher than i anticipated...wen i converted to naira, found out i was charged at 183.26 to a $1..d tin pain me no be small |
Re: Devaluation: Naira Now N183 To The Dollar by pumpingmachine: 1:24pm On Dec 01, 2014 |
This would not have happened under Sanusi. The president politicised everything including security and economy. This one na one chance presidency. But I get paid in dollars so I guess I shld be happy 3 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by watchindelta(m): 1:26pm On Dec 01, 2014 |
euro 222 men na changing tins oh |
Re: Devaluation: Naira Now N183 To The Dollar by GeneralShepherd(m): 1:31pm On Dec 01, 2014 |
any morning I wake and remember I'm Nigerian, I intuitively know it's going to be a horrible day. 1 Like |
Re: Devaluation: Naira Now N183 To The Dollar by herald9: 1:34pm On Dec 01, 2014 |
Damn! We need to find an alternative to fuel...this is hazardous...a once competitive Naira is now running at snail speed. Our economy needs diversification ![]() |
Re: Devaluation: Naira Now N183 To The Dollar by PassingShot(m): 1:34pm On Dec 01, 2014 |
Dee60: You're asking for stolen savings? How dare you! ![]() ![]() |
Re: Devaluation: Naira Now N183 To The Dollar by Maximus85(m): 1:35pm On Dec 01, 2014 |
Uuuummmmm! I think the naira is not going down. Its actually going up. From N160/Dollar to N180/dollar. It is going up. Let's celebrate our over reliance on oil and the dollar. |
Re: Devaluation: Naira Now N183 To The Dollar by JaaizTech: 1:38pm On Dec 01, 2014 |
Dee60: Exactly the same question I have asked. When Oil price was going up, we never knew the impact. The best we heard of is that the Money is being saved for rainy days. In less than 1 month of the price of oil dropping we already feel the immediate impact ![]() ![]() 2 Likes |
Re: Devaluation: Naira Now N183 To The Dollar by tben80(m): 1:39pm On Dec 01, 2014 |
sandraokosun: I think this freedom of speech thing is really getting into ur head slowpoke. U better watch ur tongue... |
Re: Devaluation: Naira Now N183 To The Dollar by lilmax(m): 1:39pm On Dec 01, 2014 |
This is bad I swear |
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