Stats: 3,183,597 members, 7,921,263 topics. Date: Wednesday, 14 August 2024 at 09:19 PM |
Nairaland Forum / Nairaland / General / Business / US$1 Now Exchanges for N241: Where Is Buhari? (24845 Views)
Naira Exchanges At Record-low, N510 A Dollar / Naira Exchanges For 414 A Dollar / 1 Bitcoin Now Exchanges For $385, You Can Now Earn Bit Coins For Free (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
US$1 Now Exchanges for N241: Where Is Buhari? by Nobody: 12:20am On Jul 14, 2015 |
The naira hit another record low of 241 against the dollar at the parallel market on Monday as the Central Bank of Nigeria’s restrictions on foreign exchange sale fuelled unofficial trade in dollars, Reuters reported.http://www.punchng.com/business/money/naira-drops-to-241-against-dollar/ |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Middlefinger1: 12:22am On Jul 14, 2015 |
bought |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Cutehector(m): 12:24am On Jul 14, 2015 |
Wat is the problem |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by NaijaSingleBoy(m): 12:24am On Jul 14, 2015 |
We voted him to tackle security and forgot about our economy. Waiting for 1$=#1.... 99 Likes 4 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by NaijaSingleBoy(m): 12:25am On Jul 14, 2015 |
Middlefinger1: How much for Nigeria used? @your signature 3 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by omogin(f): 12:29am On Jul 14, 2015 |
He will discuss this extensively with Obama, no shakings. By the time he's back $1=#1. If not that GEJ pampered corruption, Nigeria deserves better than these 'try your luck' APC has brought on the nation. 50 Likes 5 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by StOla: 12:34am On Jul 14, 2015 |
That's the healthy economy Okonjo Iweala handed over. You never see anything. The fresh air is still blowing. 19 Likes 2 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by dyabman(m): 12:38am On Jul 14, 2015 |
What should buhari do about this now ? ![]() 1 Like |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Nobody: 12:45am On Jul 14, 2015 |
Buhari and APC are applying "Try Your Luck" economy. No Finance Minister, economic team, everything is left to CBN. By the time he wakes up from this slumber, $1 would have reached N500. I hope Nigerians wont be using wheel-barrow to transport cash as it is done in Zimbabwe before 2019. 97 Likes 8 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by kenedy175(m): 1:00am On Jul 14, 2015 |
This is serious. Hope we don't end up like Zimbabwe. Baba, come and perform your magic 34 Likes 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by sultaan(m): 1:11am On Jul 14, 2015 |
People need to get up and sell something else in the international market for dollars. With oil price at half price our other export talent and human resources are not yielding g the returns of previous years money in the west too is tight especially when things are cheaper in the west than Nigeria. Solution is for the Naira to lose value to the point where investors bring in their money for deals or prices fall and we all know which one is easier 5 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by betty202020(m): 1:23am On Jul 14, 2015 |
Xetima:bihari how far na? APC, una still dey awake? yeye people. 37 Likes 3 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by mensdept: 1:27am On Jul 14, 2015 |
Dont blame Buhari. When Soludo wanted to change it to 1 to 1 how many of una dry vex? 10 Likes 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Pavore9: 1:40am On Jul 14, 2015 |
One of the effects of being import-dependent! ![]() 17 Likes 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by UncleJudax(m): 2:24am On Jul 14, 2015 |
omogin:Lmao @tryYourLuckAPC ![]() 17 Likes 3 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Tallesty1(m): 2:39am On Jul 14, 2015 |
omogin:I know that opinion is like the anus, everybody is got one but honestly your own is shitty. Sorry. 7 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by kazmanbanjoko(m): 5:01am On Jul 14, 2015 |
Okay, i don hear. 1 Like 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by texazzpete(m): 5:34am On Jul 14, 2015 |
See TANoids coming here to complain... As if it's not the policies of the lame duck CBN Governor GEJ appointed that is causing this issue 15 Likes 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Mynd44: 6:11am On Jul 14, 2015 |
kenedy175:The problem with Zimbabwe is pretty much inflation and not currency. 6 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Rose2014: 6:50am On Jul 14, 2015 |
Mynd44: ![]() You go fear excuse na. Now that GEJ is gone, no one to blame again, Now check out this excuse ![]() 63 Likes 5 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Blackchampion(m): 6:53am On Jul 14, 2015 |
Kai Buhari . $1 = N1 . #D clueless n confused daura .dullard. 19 Likes 3 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Morkavictor: 6:53am On Jul 14, 2015 |
Apc and buhari is out to destroy Nigeria.Still waiting for $1=#1 18 Likes 3 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by hucienda: 6:53am On Jul 14, 2015 |
What's going on with the naira? |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by korel9: 6:53am On Jul 14, 2015 |
The Dullard is busy sipping kunu with his fellow cows in Daura ![]() The slow poke deceived his likes (not me) with the campaign of turning one dollar to one naira but instead this is what they get ![]() Instead he's busy claiming glories of the past regime #smh NOTE: Only a cow from Daura will quote me negatively ![]() 33 Likes 4 Shares |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Aspireahead(m): 6:54am On Jul 14, 2015 |
chain |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by moyinoluwabun(m): 6:54am On Jul 14, 2015 |
Buhari taking his time to fix things according to APC. They ask us to give them time while they destroy everything good. Ok ooooo 22 Likes 1 Share |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Timoleon(m): 6:54am On Jul 14, 2015 |
watching patiently....buhari no fall our hand o! 1 Like |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by KingsleyCEO: 6:54am On Jul 14, 2015 |
I thought he said it will be one naira to one dollar ![]() 10 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by Oildichotomy(m): 6:54am On Jul 14, 2015 |
No matter which side of the divide you belong ! This is so wrong . And to think that some nitwits are blaming GEJ for this is the height of dullardship ideology. That the one thousand note on my wallet is not worth $4 is appaling. Daura D should do something please, Things are getting harsh in Nigeria already 42 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by kinglekan: 6:54am On Jul 14, 2015 |
So many íssues here, ranging from the new forex policy, over dependence on importation, increase in the demand for the dollar which automatically spurned the artificial scarcity. Economists clamouring for the devaluation of the Naira, a temporary solution to diversifying the economy. These issues would linger until the CBN and FG take stringent actions. Its definitely not news that petroleum products aren't calling the shots anymore. 2 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by ednut1(m): 6:55am On Jul 14, 2015 |
low oil prices and oversuppy means nigeria cant earn as much foreign reserves as before, the ban of importers of certain items from interbank fx only meant dis wud happen. Dubai invested a chunk of its oil money on tourism now we knw y. tough times ahead and time time to patronise made in nigeria goods. 4 Likes |
Re: US$1 Now Exchanges for N241: Where Is Buhari? by free2ryhme: 6:55am On Jul 14, 2015 |
Xetima: No more defending of Naira,let it compete and found it original value in the market.Its time to face reality of our economy .Its time to demolish the lazy mentality of crude oil,its time to start manufacturing our own things,now is the time for made in Nigeria.Its time to face reality. 10 Likes 1 Share |
Lagos Rats Are Demonic - Man Cries Out After Rodents Eat Up His Stash Naira note / Shell Sells Stake In Nigerian Oil Block For $533m / From Peddling Clothes On The Streets To Owing His Own Clothing Shop (Pics)
(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 |