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Nigerian Naira Fast Becoming The Weakest Currency In Africa.... (1377 Views)
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Desgidi99(m): 6:04pm On Sep 06, 2020 |
South Africa: Rand 1= 79 Naira Angola: 1 kwanza = 12 Naira Botswana: 1 Pula = 28 Naira Cape Verde: 1 Escudo = 8 Naira Algeria: 1 Dinar = 12 Naira Egypt: 1 Pound = 35 Naira Eritrea: 1 Nakata = 18 Naira Ethiopia: 1 Birr = 19 Naira Ghana: 1 Cedi = 56 Naira Gambia 1 Dalasi = 9 Naira Kenya: 1 shilling = 6 Naira Liberia: 1 Dinar = 8 Naira Lesotho: 1 Loti = 19 Naira Libya: 1 Dinar = 156 Naira Morocco: 1 Dirham = 176 Naira Madagascar: 1 Ariary = 14 Naira Mauritius: 1 Rupee = 16 Naira Malawi: 1 kwacha = 21 Naira Mozambique: 1 Metical = 24 Naira Namibia: 1 Dollar = 32 Naira Seychelles: 1 Rupee = 22 Naira Sudan: 1 pound = 42 Naira Swaziland: 1 Lilangeri = 19 Naira Tunisia: 1 Dinar = 150 Naira Zambia: 1 kwacha = 28 Naira Even the worst economies of Africa now have more valuable Exchange rate than us. As at today $1 = N470? €1 = N500? £1 =N640? N1,000,000 is less than $3000. ...and some think that we have not reached the breakpoint? Putin (Russia): Lawyer Trump (America): Economics degree Merkel (): PhD physical chemistry Xi Jinping (China): Chemical engineering and Doctor of Law Buhari (Nigeria): WAEC not found Yet, somebody wants a growing economy under this istration we re just playing is time to say Goodbye if we must tell ourselves the truth this country can't be Giant of Africa if we continue to elect incompetent leadership like we have in the current istration. Copied 13 Likes 1 Share |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa.... by Nobody: 6:08pm On Sep 06, 2020 |
Giant of Africa my yansh
9 Likes |
njoku10(m): 6:17pm On Sep 06, 2020 |
my dear that is Nigeria for you. na some big full from a particular part of the country put us were we day na
9 Likes |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa.... by Nobody: 6:18pm On Sep 06, 2020 |
This is front page material in fact it should be on front-page for a week.
1 Like |
Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa.... by Nobody: 6:18pm On Sep 06, 2020 |
Desgidi99:... Sorry wooooo ! BUHARI is already in Aso Rock !!! Fulfilling his Destiny !!! And you. ! Make you stay for Nairaland fulfilling your destiny ! ![]() ![]() ![]() 3 Likes 3 Shares |
NwaNimo1(m): 6:19pm On Sep 06, 2020 |
It is well...
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Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa.... by Nobody: 6:20pm On Sep 06, 2020 |
Supermugu:You be real super mugu 8 Likes |
November1857(m): 6:20pm On Sep 06, 2020 |
What does a Nepa bill holder know about economy !
9 Likes 1 Share |
Luckydubby7(m): 6:20pm On Sep 06, 2020 |
Tell me why some Nigeria wouldn't run to other countries for business. Doing business in Nigeria is dangerous because you need to import one or two items as raw materials to produce something here in Nigeria. 2 Likes 1 Share |
Madibah(m): 6:23pm On Sep 06, 2020 |
Im not in of buhari and his govt But this is not the way to go about it na .. For damn sake there are a lot of currency higher than dollars and pounds also na .. The money spent in Kuwait and Bahrain is more higher than UAE currency na.. Dollars is not even among the top ten currency in the world but that doesn't take anything away from USA.. Even dinar is not up to 100naira seff A whole UAE (Dubai) currency |
Desgidi99(m): 6:25pm On Sep 06, 2020 |
Madibah: Our currency was far better than this before na....Buhari has taken us backwards I swear! 2 Likes |
PHIPEX(m): 6:26pm On Sep 06, 2020 |
Most multinationals in Nigeria are groaning because they have to double all profit to appear profitable to their parent companies because of a weakened Naira. Once their profits are converted to major currencies like dollar it automatically become useless, hence most of them might still exit Nigeria except they make ridiculous profit. That's probably why multichoice is increasing DSTV rate every now and then. Yet these politicians will continue to buy foreign cars, medical and travels thereby weakening the currency more and you and I will pay the price. 7 Likes |
Desgidi99(m): 6:26pm On Sep 06, 2020 |
Madibah(m): 6:27pm On Sep 06, 2020 |
Desgidi99: Back back 1 Like |
Madibah(m): 6:27pm On Sep 06, 2020 |
Esetim(f): 6:28pm On Sep 06, 2020 |
This is really sad. Everything keeps going downhill and the politicians are more concerned with what they can allot to themselves. Its really sad.
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Desgidi99(m): 6:30pm On Sep 06, 2020 |
freeborn02: 6:35pm On Sep 06, 2020 |
Supermugu: Lolz. Buhari is Fulfilling his Destiny of ruining your destiny and those of your children after you. What a wonderful Destiny Buhari has. 1 Like |
Johnnyessence(m): 6:36pm On Sep 06, 2020 |
buhari government keep on destroying Nigeria economy by the day.
1 Like |
Desgidi99(m): 6:38pm On Sep 06, 2020 |
freeborn02: Are u excluding urself? |
freeborn02: 6:39pm On Sep 06, 2020 |
Desgidi99: Yes o. My economy is not determined by buhari's poor management of Nigeria's economy 2 Likes |
Desgidi99(m): 6:42pm On Sep 06, 2020 |
freeborn02: Do u still believe buhari is aware of this current development....He might be mute to the current development of Nigeria as a whole 1 Like |
EzzyCarter: 6:52pm On Sep 06, 2020 |
Madibah: Sis, did you check that list? Even Sudan has a better currency. What are you saying? ![]() 1 Like |
psucc(m): 6:54pm On Sep 06, 2020 |
You will still see some people defending this government. But they are more poorer than average Nigerians with N30k/month that do not come regularly. |
Afolabimills(m): 7:02pm On Sep 06, 2020 |
God punish bullhari n it's useless ers
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freeborn02: 7:08pm On Sep 06, 2020 |
Desgidi99: Nothing will surprise me anymore 1 Like |
Bobcygan: 7:43pm On Sep 06, 2020 |
In as much as I agree with you that naira is fast becoming the weakest currency in Africa saying 1Rand=79naira is pure bullshit. You may need go recheck again. 1 Like |
illicit(m): 9:11pm On Sep 06, 2020 |
Giant of Nonsense
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Re: Nigerian Naira Fast Becoming The Weakest Currency In Africa.... by Nobody: 9:29pm On Sep 06, 2020 |
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StillX10(m): 9:32pm On Sep 06, 2020 |
All thanks to dullard
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genii96(m): 9:45pm On Sep 06, 2020 |
a country whose major trade is exportation will actually have a weaker currency in order to promote doing business with foreign countries.
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StillX10(m): 9:52pm On Sep 06, 2020 |
Bobcygan:Why don't you tell us, must one research first? You sound like you know so just tell us |
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