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Showing posts with the label Naira looses value

Get Rich as the Dollar Goes down!

Sometime early last week, I had the opportunity to read the 2015 GTB Economic analysis which was sound I must say and it got me a bit worried, Do you know the real reason(s) why the dollar is going up and may continue going up for a while? ( see the REAL current exchange are here http://abokifx.com/ ) ,  are people really aware of what is going on?  Click to download and read for yourself here  Yes the picture looks bad, fuel scarcity may be re-occurring at intervals till most of this year, the oil price may not recover for a while since most of the oil producing nations are not showing any sign of reducing production, government is very broke, 2016 Budget may take a while before it is approved, so alot of government payments will not come on time and most importantly, exports from Nigeria are too low compared to our preference for imported goods... .but not to worry, out of great stress comes the best of jewels i.e. the Diamond. One thing I have realized is tha...