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Nairaland Forum / Nairaland / General / Business / See Why The Naira May Fall To The Dollar At #1000/$ (51261 Views)
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See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 2:10pm On Jan 22, 2016 |
PLUNGING NAIRA – BEFORE YOU BLAME EMEFIELE LOOK AT YOURSELF Source: http://thenakedconvos.com/plunging-naira-before-you-blame-emefiele-look-at-yourself/ 489 Likes 92 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by hopeforcharles(m): 2:27pm On Jan 22, 2016 |
After reading this, I was weak to the bone, Nigeria was once a great country, How did we descended so so low? Oh God, can Nigeria really be fixed? Hmmm, if we continue like this we are heading for the rocks oh, wonder what those corrupt Government officials do with those huge sums of money, A man told me the average life span for a man to enjoy himself is 70 which after my observations it has elements of truths, then after that what will you do with that huge sums of money stacked up?. 85 Likes 7 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by MathsChic(f): 3:26pm On Jan 22, 2016 |
So true. As a finance analyst, I can't but agree with all of this article. Every country determines to an extent how much its currency exchanges for. Nigeria has a long way to go and there's reason to suspect 1000ngn/$1 is a possibility. 55 Likes 5 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by millhouse: 4:28pm On Jan 22, 2016 |
I wept after reading this 21 Likes 5 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by redcliff: 4:40pm On Jan 22, 2016 |
Lol... nigeria needs a reset.. 21 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Booty4me: 4:41pm On Jan 22, 2016 |
Buhari body odour 8 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by spacyzuma(m): 4:53pm On Jan 22, 2016 |
MathsChic: This is scary. ![]() 21 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Tcharlx(m): 5:08pm On Jan 22, 2016 |
Oya na. I just returned from the moon. What's the update on naira mastercard...? 3 Likes 2 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Teebass001(m): 5:21pm On Jan 22, 2016 |
This is thought provoking, I read through with bated breath. Nothing but the gospel truth. 43 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Nobody: 5:23pm On Jan 22, 2016 |
Lol..goodnews to bloggers and folks that earn in dollars smiling to the bank things. 23 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Teebass001(m): 5:26pm On Jan 22, 2016 |
This piece deserves to be on fp, so Nigerians can see how they are contributing to the ongoing devaluation of the Naira. Who's the MOD responsible for this section or should I call La-la.. .... 10 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by tspun(m): 5:28pm On Jan 22, 2016 |
Op I will never forget your moniker, this post is so full of points. Thanks for this eye opening post. Whoever wrote this article is a dem genius. 21 Likes 3 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 5:59pm On Jan 22, 2016 |
its sad most of us have wrong mentality about all these some are already prophesying you'll hear things like: "even if crude oil sells for $1/barrel, i cannot go broke cos i do not run the nigerian economy". mumu people. most do not have any plans ooo We need to start thinking outside d box and look at other alternatives no box sef even importation is no longer viable, government is looking for ways to discourage unnecessary importation.....imported boxers and toothpicks everyone of us ruined this economy while the politicians were stealing, ordinary citizens were importing rather than thinking to produce (Including myself) we all compete as to who uses the most expensive and latest gadget our parents and elders taught us to study hard, get a multinational job and live wealthy We really r in a mess our engineers and agric graduates are working in banks rather than invent machinery and produce viable crops our brains will open now. We av to think by force politicians will steal, companies will retrench, we will be left with no choice than to use our brains OAU and most other Tertiary Institutions were not built with oil money, it was proceeds from cocoa farming state governments cannot even pay salaries, soon FGN will not fund them again, they will look inwards for money. That means they'll tax citizens like kilode (they have already started charging 50 naira on every deposit above 1000 int your accounts, the call it "Stamp charges" ![]() nah the begining be that........... we'll come out strong sha....but nah the people with shock absorbers go remain 88 Likes 5 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 6:02pm On Jan 22, 2016 |
Thanks but I didn't write the article, i put the source and link there. However, I totally agree with him. tspun: 14 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 6:03pm On Jan 22, 2016 |
I do not know the MOD in charge but lalasticlala should be able to move this up Teebass001: 2 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Kirinwa: 6:22pm On Jan 22, 2016 |
Littlebrowser: Yes, so true. Forex trading is now most lucrative now. Looking forward to when #1000 will be $1. 4 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by saintfaculty(m): 6:31pm On Jan 22, 2016 |
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Re: See Why The Naira May Fall To The Dollar At #1000/$ by Inception(m): 6:47pm On Jan 22, 2016 |
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Re: See Why The Naira May Fall To The Dollar At #1000/$ by Ganjafama(m): 6:59pm On Jan 22, 2016 |
Why is this thread not on fp? Seun, lalasticlala, ishilove, puskin and co pls do the needful. 1 Like |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by signature2012(m): 7:19pm On Jan 22, 2016 |
A very thoughtful message.We all contributed to the downfall of the naira,but our politicians and leaders are the major cause for this. 7 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by signature2012(m): 7:22pm On Jan 22, 2016 |
Bookiemart01: Kindly re-copy the link properly while I shout lalasticlala to do the needful. |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by JAkpayen(m): 8:25pm On Jan 22, 2016 |
Kirinwa:And your #1000 will be the price of pure water bag. 32 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bevista: 8:52pm On Jan 22, 2016 |
Epic! Common sense economics. 4 Likes 2 Shares |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 9:08pm On Jan 22, 2016 |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Pidggin(f): 9:20pm On Jan 22, 2016 |
Hmmmmm |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by asamaigho(m): 9:29pm On Jan 22, 2016 |
Only matured mind can read dis... mods pls fp asap. 2 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Bookiemart01(f): 5:19pm On Jan 23, 2016 |
Kirinwa: JAkpayen: 5 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by G12(m): 7:31pm On Jan 23, 2016 |
Let me go and read now |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by teemy(m): 9:02pm On Jan 23, 2016 |
an older neighbor once told me of nigeria of those days. our saying life is better than before is like the returned israel exiles who were happy of the magnificient new temple only to see the aged elders weep for they had seen king solomon's temple. 11 Likes 1 Share |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by onyiga(f): 9:05pm On Jan 23, 2016 |
Hello house, Goodevening. Please who know about this okolison brothers Nig LTD company. I was invited 4 interview. I need to know about more about it, lagos branch. |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by great664(m): 10:15pm On Jan 23, 2016 |
I feel you Sir, Nigerian stupidness just tire me , and the problem is there is no WAY to survive it cuz the policy makers are the most consumer of foreign product so any policy in banning them will be shooting themselves so it won't work, do You expect the President, senators, Reps even LG chairman to withdraw their children abroad to school in Nigeria? No way so they will surely frown in such policies.. The only way we can survive it a little is if the Govt can Totally close the Ports and ban everything we import, it will be a hard decision but trust me Nigerians will surely survive the hardship for months and withing months alternatives will be put in place , u trust naija for that.. Government should Ban everything m 6 Likes |
Re: See Why The Naira May Fall To The Dollar At #1000/$ by Nobody: 12:36am On Jan 24, 2016 |
This is the naked truth @Op.Nigeria matters is like a child been sponsored by his parent to school and the money was coming in from parent on a regular bases.The child was grooving,wine and dine until he's graduated and immediately after the graduation the parent are no more. No investment,asset or anything left by parent and the so called dude has to stand up to face his responsibility. Nigeria can only consume,chop,chop. 9 Likes 2 Shares |
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