The Naira continued to depreciate against the greenback at the parallel market as demand for the dollars outstrips forex liquidity.

The local currency slid N2 from N490 it traded on Tuesday to N492 a dollar on Wednesday.

While the Pound and the Euro closed at N605 and N505 respectively.

At the Bureau De Change segment, the Naira traded at CBN stipulated rate of N399 to a dollar, both the Pound and the Euro closed at N604 and 510 respectively.

The official interbank market remained stable, with the Naira exchanging at N305.25 to a dollar.

The President of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe has hailed the newly proposed abolition of the parallel market.

“The scrapping of multiple markets outside the purview of the CBN will be a welcome development.

“The existence of multiple rates is highly unacceptable,’’ Gwadabe said.

http://investorsking.com/naira-slides-to-n492-at-parallel-market/

Na today?

I recall two years ago when I wanted to write CCNA exams but decided to postpone it. Now, I just can't and more procrastination entails more money to be paid as it has more than double the price. To think that USD 295 is over N145,000, . . .
Nigeria don jagajaga finish.

We are making a head way.............. #500 = $1 . We shall get three. Buhari bush it up.

The way this thing dey go now, e be like say d bus stop go pass where I dey think oh!

Hmmm, mouth sealed

WizBLANCE:
We are making a head way.............. #500 = $1
. We shall get three. Buhari bush it up.

...get there and pass it.

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in Oliver Queen's voice "Buhari! You have failed this country "

I'm still in bed sleeping. Someone should please wake me up when it's #1k to a dollar

Up Bubu, up APC !!!

Predictions of Onatisi coming to pass

CBN gov

It way it is sliding, it may soon discover oil in the north o..

Meanwhile, get your generator power booster this Christmas. With it, you can use your pressing iron and other heating elements on your small generator.

Check my signature for contact.

APC is a useless political party. Real change will surely come by 2019.

The dullest president will never seize to make life worst for Nigerians.
Since he has an terminal ear infection I don't think he can hear Nigerians problems.... The worst he is even an illiterate he can neither read nor write..
SMH.. Nigeria is doomed...
They wanted CHANGED
They shouted CHANGE
they rigged the election for CHANGE.
Some were ready to kill for CHANGE, yes the HABOKIS were well armed during the last election.....

It seems That incompetent minister of recession is incapacitated. She cannot save Nigeria.

LIE MOHAMNED... NTORRRRRRR
TINUBU... NTORRRRRRRRRRR
APC..... NTORRRRRRRRR

Nawa oh, which way naija

The naira has slipped, fell, tumbled and now sliding











Just remaining for it to DIE

Hmmm

Buhari loyalists come defend dis

sarrki modath ngeneukwenu caseless maclantunji come see wetin una hero don turn 216 to oooo

They will keep on blaming GEJ for our woes..

N500 here we come baby!
Gra gra economic policies are really yielding dividends.
My only joy is that na the same market me and them zombies dey enter to buy things. They don't get their supplies from Aso Rock .
When they're done defending the dullard, they'd crawl back to their miserable lives, perhaps go to bed on an empty stomach.

passionate88:
sarrki modath ngeneukwenu caseless maclantunji come see wetin una hero don turn 216 to oooo

Bros na wa to you oo, did you just join Nairaland today, how would you compile a rag team leaving out the zoneB-in-chief who probably is on hunger induced sabbatical leave. omenka-chukwu , I hail ooooo, Jisike!

Dont let them cheat you, Always check out the latest prices of building materials and labour rates on www.engineerosaz..com
You deserve to know.
Best of luck on your project!

Make l bring out calculator.

the way nigeria is going down, we will soon discover oil

Nairaland

what i know is that some black market operators are pdp sponsored by pdp memebers , they source their dollar from the looted funds in hard curency and will only sell it at high prices to crash our naira.

No thanks to Buharinomics. Economic policy somersaults

Are there stil MEN' in thit nation.?where ar the youths.?where ar the national associatn of nig students?NANS.Where ar the Legion.DO U AV TO WAIT UNTIL THERE IS NOTIN BEFORE U DO SOMETHING? Can this hapen in libya.syria.gambia.sa.gabon.etc STAND UP AND DEFEND UR FUTURE FRM THIS AMATEURS.

Someone can't shop online again