Naira Crashes To ₦1,210 To US Dollar - Business

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Naira Crashes To ₦1,210 To US Dollar - Business - Nairaland

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Naira Crashes To ₦1,210 To US Dollar by iwaeda: 3:15pm On Oct 23, 2023

The value of the naira continued its downward spiral at the opening of business activities on Monday crashing at the parallel market to N1,210 to the dollar as against N1,170 which it closed last week.

At the Nigerian Autonomous Foreign Exchange Market (NAFEM), also known as the Importers and Exporters window, the naira depreciated last week by 5.4 per cent to NGN808.27 to the dollar.

Parallel market traders say the continuous decline in the value of the naira is due the scarcity of the greenback in the market.

https://leadership.ng/just-in-naira-crashes-to-n1210-to-us-dollar/

2 Likes 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by iwaeda: 3:20pm On Oct 23, 2023

Dollar oooo, omo Benjamin, stop running now. We import raw materials and unemployment is just scary grin

62 Likes 7 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by iwaeda: 3:37pm On Oct 23, 2023

My first time in the State $1 was #100. grin

84 Likes 7 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by abhosts(m): 3:41pm On Oct 23, 2023

This is beginning to look like some people somewhere are sabotaging the economy. Call Buhari to account for our depleted foreign reserves.

123 Likes 13 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Vinsmoke: 3:45pm On Oct 23, 2023

Renewed shege

241 Likes 19 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by successmatters(m): 3:48pm On Oct 23, 2023

Let's blame Obidients and move on grin

453 Likes 34 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by iwaeda: 3:49pm On Oct 23, 2023

Vinsmoke:
Renewed shege

Renewed hopelessness. grin

291 Likes 21 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by BigBlackPreek(m): 3:50pm On Oct 23, 2023

like play like play, 1dollar would equals to 2k very soon ooo
ladies and gentlemen shall we

136 Likes 5 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by happney65: 3:50pm On Oct 23, 2023

"Your salaries will be paid in Naira".. Bulabalu.

grin

134 Likes 6 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Shikini: 3:56pm On Oct 23, 2023

Chai !

1 Like 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by Racoon(m): 3:59pm On Oct 23, 2023

The economic woes of Nigeria continues. All thanks to a fraudulent government

206 Likes 17 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Jenniestar: 4:06pm On Oct 23, 2023

Omo this is painful oo. Nigeria!!!

In case I might be of help to you for any academic assistance.👇👇

19 Likes

Re: Naira Crashes To ₦1,210 To US Dollar by keymatt(m): 4:23pm On Oct 23, 2023

We Agbadorians are not bothered by the current exchange rate. In fact, even if it reach N5000 we don't care. All we know is that it's our duty as patriotic agbado citizens to make the necessary sacrifice for our god Tinubu to turn Nigeria to Dubai.
grin

186 Likes 18 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Shijawesss: 4:27pm On Oct 23, 2023

Muslim-muslim ticket ..

We need a Christian leader to change this country

All the Muslims leaders have failed us

Anyway God bless the good people of Southsouth and Southwest

87 Likes 8 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by yarimo(m): 4:28pm On Oct 23, 2023

iwaeda:
The value of the naira continued its downward spiral at the opening of business activities on Monday crashing at the parallel market to N1,210 to the dollar as against N1,170 which it closed last week.

At the Nigerian Autonomous Foreign Exchange Market (NAFEM), also known as the Importers and Exporters window, the naira depreciated last week by 5.4 per cent to NGN808.27 to the dollar.

Parallel market traders say the continuous decline in the value of the naira is due the scarcity of the greenback in the market.

Details later…

https://leadership.ng/just-in-naira-crashes-to-n1210-to-us-dollar/

Re: Naira Crashes To ₦1,210 To US Dollar by iwaeda: 4:29pm On Oct 23, 2023

yarimo:

16 Likes 2 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by yarimo(m): 4:34pm On Oct 23, 2023

iwaeda:

Comradeeeeeee grin

2 Likes

Re: Naira Crashes To ₦1,210 To US Dollar by providencia(m): 4:43pm On Oct 23, 2023

happney65:
"Your salaries will be paid in Naira".. Bulabalu.

That's when I knew he won't care about the value of the naira

20 Likes

Re: Naira Crashes To ₦1,210 To US Dollar by successmatters(m): 4:44pm On Oct 23, 2023

yarimo:
Comradeeeeeee

We're running them street comrade grin

They will become poor by force.

31 Likes 2 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by opamoses1: 4:47pm On Oct 23, 2023

Naira is finding its real value. No more padding it with $1.5 billion monthly.

It will surely stabilize then healing can begin.

28 Likes 9 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by ican2020: 4:56pm On Oct 23, 2023

I thought we have CBN governor oh he has nothing to offer

Master strategist where are thou cry

75 Likes 4 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by udede(m): 5:27pm On Oct 23, 2023

successmatters:
Let's blame Obidients and move on

ABI ?

24 Likes 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by Jallotti: 5:31pm On Oct 23, 2023

I thought the Naira was 'floating'?
It looks like the Naira is SINKING. . . and the Dollar SOARING. . .

My paycheck in $$$$ is so heavenly.

Abeg who fit japa. . . . just do so immediately!

2 of my cousins just sold everything and relocated to the UK with their families.
Suffering in the abroad is much better abeg!

91 Likes 10 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by iwaeda: 6:35pm On Oct 23, 2023

Nlfpmod. grin

1 Like 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by Hezzyluv: 6:52pm On Oct 23, 2023

Even Titanic sinked ship no sink reach Naira. undecided

55 Likes 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by humilitypays(m): 6:52pm On Oct 23, 2023

Lol

awa lokan = its our turn to destroy Nigeria patapata

62 Likes 1 Share

Re: Naira Crashes To ₦1,210 To US Dollar by NwaNimo1(m): 6:52pm On Oct 23, 2023

A.nother

P.redicted

C.rash

2moro it will be N1250.......by Sunday N1300

60 Likes 6 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Yamleg: 6:53pm On Oct 23, 2023

Apc and Tinubu na baba nla Crashing.

21 Likes 2 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by 3seriez(m): 6:53pm On Oct 23, 2023

Shege pro max..

19 Likes 2 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by mrvitalis(m): 6:53pm On Oct 23, 2023

On your mandate we shall stand

Maybe most of you don't understand this

If you earned 200k as at may 29th .... The value of your salary is now about 100k

83 Likes 7 Shares

Re: Naira Crashes To ₦1,210 To US Dollar by Cruise777: 6:53pm On Oct 23, 2023

Alhamdulilai

Re: Naira Crashes To ₦1,210 To US Dollar by shopwiser: 6:53pm On Oct 23, 2023

The f××l doesn't clearly know what he is doing in power.

By Jan 2024.. it will be N2000 per dollar.

Shame on you all that voted him based on ethnic sentiment.

My happiness is that we are all feeling the heat, Nigerians can never ever learn.. nonsense

88 Likes 6 Shares

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