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Nairaland Forum / Nairaland / General / Business / BREAKING: Naira Crashes To N400/$1 At Parallel Market (1579 Views)
How Naira Went From N525/$1 To N400/$1 In 3 Days / Naira Crashes To N400/$1 At Parallel Market, Lowest Rate Ever / Naira Crashes To 288/dollar At New Official Market (2) (3) (4)
BREAKING: Naira Crashes To N400/$1 At Parallel Market by ENDTIMELIFE: 12:12am On Aug 05, 2016 |
Reports reaching NAIJ.com indicate that Nigerian currency, Naira has crashed to N400/$1 at the parallel market, the lowest rate ever since the introduction of the flexible exchange rate policy. The Naira which had crashed to N390/$1 yesterday, August 3, drop a shocking 10 point today, August 4, to slip further down. According to sources, the British pounds now exchanges for N510/£1, while the Naira is sold at N425 to one Euro. https://www.naij.com/916521-breaking-naira-crashes-lowest-rate-ever-checkout-new-rate.html |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by sanmibukunmi: 12:13am On Aug 05, 2016 |
God will help us..... |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Thewrath(m): 12:14am On Aug 05, 2016 |
It is finished. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Judeoxide(m): 12:15am On Aug 05, 2016 |
I am here and will surely see the end of this madness It will never take my life |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Oshlander: 12:19am On Aug 05, 2016 |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Jirate(m): 12:27am On Aug 05, 2016 |
When a nation's economy crashes, the ruling party go with it, ask the republicans in US, ask the labour party in UK. Nigeria will not be an exception, APC must go. In Edo comes next month, we will sweep them out, by the special grace of God. 2 Likes |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Nobody: 12:30am On Aug 05, 2016 |
Who is now the clueless one between gej and buhari? Click like if GEJ is the clueless one. Click share if buhari is the clueless one |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Businessideas: 12:32am On Aug 05, 2016 |
Speculators ti take over. I am still wondering why Buhari is still retaining the Central Bank Governor he inherited from Goodluck Jonathan when it was the illegal removal of Sanusi by GEJ before the expiration of Sanusi's tenure that paved the way for this Mr Jim Ovia's lackey called Emefiele. Where in the world will a country in dire need of forex reduce forex money transfer service providers? Buhari should fire this man, our monetary policy under Emefiele is a complete disaster!!! This man is a man Friday and not one radical.We need people like Soludo, Henry Boyo, even Oby Ezekwezile not this man. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by idupaul: 12:36am On Aug 05, 2016 |
Businessideas: We need Henry boyo 1 Like |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Businessideas: 12:50am On Aug 05, 2016 |
idupaul:I still prefer any of them to this dull CBN governor called Emefiele. He is just killing the Naira!!!! We're not exporting yet this incompetent man is still shutting the door against Nigerian diasporans who want to repatriate their legitimate money home I expect Dr Junaid, Mr Falana, Father Mbaka, Cardinal Okojie, etc etc to warn Buhari against retaining this Emefiele. 2 Likes |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by DeleteNonsense: 1:09am On Aug 05, 2016 |
Businessideas:When a ship is sinking it happens simultaneously, to your tent O Nigeria!!! 1 Like |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by raumdeuter: 1:13am On Aug 05, 2016 |
Coming soon.. Issue [size=15pt] Tell my ex I dont miss you Who you EPP, Who you EPP |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by raumdeuter: 1:14am On Aug 05, 2016 |
Love Machine: No one fit break Jonathan record for cluelessness 1 Like 2 Shares |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by yedidiah(m): 1:23am On Aug 05, 2016 |
400 naira to a dollar!! is Nigeria becoming Zimbabwe 1 Like |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by FagsamPHP(m): 1:29am On Aug 05, 2016 |
MY DAILY PRAYERS : May every individual who contributed in bringing Buhari to power suffer more than any other Nigerian in Jesus name 2 Likes 1 Share |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Pavarottii(m): 2:22am On Aug 05, 2016 |
Yet, people going on vacation will get at 197, and u say u r fighting corruption. I weep for those supporting PMB's administration. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by Pavarottii(m): 2:27am On Aug 05, 2016 |
Businessideas:Keep on defending Casssandra; till the economy eats u up. Emefiele is just a pawn buhari and friends are using to do their corruption through d sales of Dollars. Emefiele is just a fool like Ameachi and Kachikwu that sold their souls for money been used by the northerners to achieve their aims. But trust me they will be denied by d northerners soon. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 2:47am On Aug 05, 2016 |
we warned you to dont devalue...you said no...must let it regulate itself....una no see anything......free market my foot....your buy and sell power is nothing compared to others,forget those abroad,they use most of their buy and sell power abroad,anyways.... didnt buhari told you,it makes no sense to make the naira float.... cry us a new river naija!!!!!... |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by lincolnj88: 2:51am On Aug 05, 2016 |
Buhari is always associated with failure... 2 Likes |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 2:58am On Aug 05, 2016 |
lincolnj88: how is it his fault nau??.. wasnt it you that was crying to let the naira float?.. we said,change your currencies only with the nigerian banks,you said noooo,black market is better... okay....i even say,let the goverment abandon the nigerians doing their things abroad...EVERYBODY FOR HIM OR HER SELF!!!!.,,, you are not in nigeria,we dont give a shi shi about you!!!.. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 3:11am On Aug 05, 2016 |
the price of rice and tomatos has falling.... i dont think we are in the possition to make the dollar favorable to us...we were always a agric nation...now we have alot of bossos with useless certificates that dont even understand how to grow corn!!!!... |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by TheArchangel(f): 3:24am On Aug 05, 2016 |
raumdeuter: Businessideas: tsdarkside:Whatever song it is you people are singing , it ain't making no sense. So incoherent, you three The fact remains that Nigerians economy is sinKING...DAMN IT. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 3:31am On Aug 05, 2016 |
TheArchangel: shutupppp..what do you care about the dollar when you can feed your ol family with the soil you are standing on.... you think i give a shi shi about abroad when my stomach is full everyday.,, |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by bamite(m): 3:38am On Aug 05, 2016 |
Bad market |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by TheArchangel(f): 3:40am On Aug 05, 2016 |
tsdarkside:Oh no, you don't tell me to shut up mister, you may not care about "abroad" ,you sadistic Cassandra's zombified schistosoma but a whole lots of Nigerians do. We care about the high inflation rates in the markets in the prices of essential commodities. Do you know how much a bag of fertilizer cost, do we manufacture fertilizer for " your feed your self from the soil you are standing on" stewpid tirades. Obviously, you brain has been eaten up by a flesh eating bacteria. |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by cktheluckyman: 3:42am On Aug 05, 2016 |
Businessideas:Both the finance minister and the cbn Governor are culpable and must go.The finance minister is even the chief culprit |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 3:47am On Aug 05, 2016 |
TheArchangel: i beg your pardon...what the hell is cassandra??...be fair to explain that to me first...i am not up to date... WHAT THE HELL IS CASSANDRA?? abomination...the word sound like a abomination....back to sender... sounds like a diseas.virus or something...no thank you...keep your ebola to your sef... |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by TheArchangel(f): 4:02am On Aug 05, 2016 |
tsdarkside:Get some sleep bro |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by tsdarkside(m): 4:05am On Aug 05, 2016 |
TheArchangel: sleep...i normaly wake up at 4am.... i am not lazy like you... i start to work in about ca.2hours.,, |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by TheArchangel(f): 9:08am On Aug 05, 2016 |
tsdarkside:good |
Re: BREAKING: Naira Crashes To N400/$1 At Parallel Market by ENDTIMELIFE: 6:48pm On Aug 24, 2016 |
Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks today 24th August |
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