The Naira on Monday dipped against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

The Nigerian currency shed N8 to exchange at N360 to the dollar, from N352 it traded on Friday.

Also, the Pound Sterling and the Euro traded at N515 and N405 respectively.

Meanwhile, the official Central Bank of Nigeria (CBN) rate remained at N197 to a dollar.



Traders at the market attributed the unstable nature of the Naira to the scarcity of the greenback and hoarding of foreign exchange by currency speculators. (NAN)

Read more at http://www.herald.ng/naira-dips-dollar/#8Ejmw9OeSx06mP8D.99

Lalasticlala

Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?

Frankiss44:
Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?

Shut up.

Naira bn falling under the anointing of dollars since 74 b.c(buhari corruption)

OgaTheTop2:
Shut up.

Ignored*

OgaTheTop2:
Shut up.

why are you telling him to shut up? Is he not entitled to his own opinion anymore?

Buhari is that you ?

Don't think that you'll contest at all in 2019 o

OgaTheTop2:
Shut up.

that's the only place i wish bullharry to succeed because it's affecting me directly

1 Dollar = 1 Naira
Dollar Be Beans

Frankiss44:


Ignored*

Better dolt. Else you tell us where in any publication Buhari said he would make 1naira to a $ in verbatim.

osabuohein:
why are you telling him to shut up? Is he not entitled to his own opinion anymore?

Of course he is, so am I? My opinion is for him to shut up else he comes up with publication where Buhari said, in verbatim, he would make 1naira a $.

Na wah oooooooo

D way naira value is going down, it will soon discover oil ooo

Buhari is working, doubters are doubting... Have u ever noticed that "the darkest part of the night is just when the day is about to break"?!

Leave dollar make hin dey flex muscle now .... We go soon yeye ham

Before you talk always think...all the blames we always go to buhari cuz he promise to do something.... Either good or bad e go still favour some people.... I pity dos at the lose side

maybe we should change our currency, the naira is not doing well and doesn't seem to know how to do well.

you call this rise...

if the Naira does not hit 500 naira to a dollar before the end of the year

I pledge one large cup of kuna zaki to all nairaland members

those people working abroad na dem hammer pass now o

so much for stabilising oil prices

and equating one dollar to a naira

Dullarpo at work

chai the central bank is tired of mediating between naira and dollars
I think they want to allow a free show between naira and dollars

naira just dey go down everyday. dollar must be enjoying the bj

I haven't heard or read anything about how to revive the Nigeria economy except "patronize made in Nigeria goods" and our presido can't even patronize Nigeria doctor or rest in his country!

p

Frankiss44:
Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?

the year wey fowl grow teeth...

God help us all



meanwhile,



some Grade1, i mean very
sound, great condition
TVS KEKE NAPEP needed,
just quote me.

verabetsy:
chai the central bank is tired of mediating between naira and dollars

I think they want to allow a free show between naira and dollars

Naira is so weak it has given up already!

Death of the naira

OgaTheTop2:
Shut up.

truth dey bitter you

there are reports of low and decline in bank deposit for all banks. and federal government deposits goes straight to CBN. banks are running out of cash. as withdrawals are made daily with low deposit turn out. business men are now moving their monies away from Nigeria banks and converting them to dollars as fear and projections of worsen devaluation can been seen ahead.

hence banks now want to introduce cashless transaction where digits (monies) are moved from one account to another without human capital or banks running out of physical cash.

Diabolic change!