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Nairaland Forum / Nairaland / General / Business / Naira Trades At ₦1,520 Per Dollar (25367 Views)
Naira Trades At ₦1,730/$ At Parallel Market / Naira Trades 1,498/$ At Official Market, CBN Tackles Racketeers / Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market (2) (3) (4)
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Re: Naira Trades At ₦1,520 Per Dollar by BoldBrainz(m): 3:42pm On Jan 31 |
SirLakes: It is clearly no longer favouring them😂. The camp of the buffoons is quiet cause they've all run out of stories to fine-tune as excuses for the failed government. 8 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by GreatrAnalyst: 3:43pm On Jan 31 |
Bulaba economics... It doesn't make sense again o... At this rate, 1 dollar will soon turn 5,000 naira before 4 years is over. Election has consequences. And where are the children of perdition on NL who can defend hell with their two balls?? 2 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by smartemperor042: 3:45pm On Jan 31 |
Common sense is really not common! Throwback: 8 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by jackpot(f): 3:45pm On Jan 31 |
Throwback:as it stands now, you cannot run away from importation. Our economy is currently highly import-dependent. We need practical solutions. The economy is seriously nose-diving. 2 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by GreatrAnalyst: 3:45pm On Jan 31 |
HajiMT:Or you mean citizens need to arrest the government before everything turns to a looming crisis, before people start eating themselves full-time By the way, kidnapping is people starting to eat innocent others. 1 Like |
Re: Naira Trades At ₦1,520 Per Dollar by Taich(m): 3:46pm On Jan 31 |
Throwback: Please read up on trade balance and deficit. 5 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by Beuberry(f): 3:52pm On Jan 31 |
Sad news o |
Re: Naira Trades At ₦1,520 Per Dollar by GreatrAnalyst: 3:52pm On Jan 31 |
SisterAnn: Buhari will just be sipping cold-served Kunu with some evil grins on his face, saying, "Asiwaju, on ya mandate, we sha stande." The man just became a saint 1 Like |
Re: Naira Trades At ₦1,520 Per Dollar by ParagonPrick: 3:54pm On Jan 31 |
Throwback:Mumuish comment liked by 5 other dullards 10 Likes 1 Share |
Re: Naira Trades At ₦1,520 Per Dollar by Jonathan8: 3:58pm On Jan 31 |
ParagonPrick: GreatrAnalyst:[quo GreatrAnalyst:te a ParagonPrick:uthor=Throwback post=128219051]Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it. The question then is why are Nigerians so concerned about the naira value of the dollar? The exchange rate is not a value of our local economy. We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s. The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar. The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators. As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.[/quote] You are a simp. How can you not be concerned in a country where her economy depends largely on import? 1 Like |
Re: Naira Trades At ₦1,520 Per Dollar by Deogratiasfx: 4:01pm On Jan 31 |
It is the fault of Peter Obi and Obidients 1 Like |
Re: Naira Trades At ₦1,520 Per Dollar by ceeceeco: 4:03pm On Jan 31 |
Tinubu is a wealthy man, Nigeria is a wealthy nation, and now Tinubu who's a wealthy man is now the president of Nigeria that's a wealthy nation & yet there's no positive change in the country, rather things are getting worse. Thank God say I dun japa leave the country for good 2 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by Deogratiasfx: 4:08pm On Jan 31 |
BoldBrainz: Wait and see what these same quite people will do in 2027. They will try to kill anyone who tries to stand on the way of their slave masters. 1 Like |
Re: Naira Trades At ₦1,520 Per Dollar by ellizy(m): 4:08pm On Jan 31 |
This is the best time to earn in dollars |
Re: Naira Trades At ₦1,520 Per Dollar by Kennyswag: 4:08pm On Jan 31 |
So much noise about dollar as if dollar is the national currency. |
Re: Naira Trades At ₦1,520 Per Dollar by bjdon: 4:08pm On Jan 31 |
If you have savings, if you know anyone who has savings, please start to move it into dollars. Niara is going to crash big time. Investors and business people have lost confidence 3 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by Angelfrost(m): 4:08pm On Jan 31 |
HajiMT: Lol... It's already a full blown crisis! Try and keep up. 2 Likes 1 Share |
Re: Naira Trades At ₦1,520 Per Dollar by cucumbar: 4:09pm On Jan 31 |
Throwback:really? You wrote this with your clear eyes ? 6 Likes 1 Share |
Re: Naira Trades At ₦1,520 Per Dollar by Angelfrost(m): 4:09pm On Jan 31 |
GBPUSD: If that option were available, Nigeria and parts of Africa would be desert places. 2 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by BoldBrainz(m): 4:10pm On Jan 31 |
Deogratiasfx: I'll be safely out of Nigeria by then. One of my regrets today is not leaving when I had the chance and resources to do so in 2018. I cannot keep sharing a country with voluntary slaves. 7 Likes 1 Share |
Re: Naira Trades At ₦1,520 Per Dollar by cucumbar: 4:11pm On Jan 31 |
Karleb:you say march? It will get to 2k before February ends if nothing is done about it. |
Re: Naira Trades At ₦1,520 Per Dollar by Angelfrost(m): 4:11pm On Jan 31 |
GanagiBitrus: 216 to 1500... In less than 10 years! In ancient Japan, Tinubu, Buhari, and every member of APC would have been compelled by law to commit Seppuku (Ritual Suicide)! 3 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by coleon(m): 4:13pm On Jan 31 |
sirpharrell:What you postulating is easy in theory but very stupid and unwise in practice. Adam Smith said and I quote "In the long run we are all dead" . Trust me before dollar even get to 5000, there will be widespread chaos in the society. You think you have seen kidnapping just wait for what is coming. Nigerians will start eating themselves, I don't pray so though. The government should better intervene and not listen to this your dangerous advice. 4 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by dacool1(m): 4:14pm On Jan 31 |
ObalendeCMS: But when government wants to pay or remove subsidy they quote exchange rate abi. Continue |
Re: Naira Trades At ₦1,520 Per Dollar by AngelicBeing: 4:15pm On Jan 31 |
Re: Naira Trades At ₦1,520 Per Dollar by zinaunreal(m): 4:15pm On Jan 31 |
TINUBU MUST GO |
Re: Naira Trades At ₦1,520 Per Dollar by Kennyswag: 4:15pm On Jan 31 |
Throwback:bros i tire o. is dollar our national currency? why all this noise about $ 2 Likes |
Re: Naira Trades At ₦1,520 Per Dollar by Intergrated: 4:17pm On Jan 31 |
Boondocxs:I bin no get power to answer the shameless being. A country that imports almost everything. |
Re: Naira Trades At ₦1,520 Per Dollar by Angelfrost(m): 4:17pm On Jan 31 |
JasonScoolari: Guy, na the same thing abeg. Balablu bulaba Coach! |
Re: Naira Trades At ₦1,520 Per Dollar by JasonScoolari: 4:19pm On Jan 31 |
Angelfrost:And Fergie001 still dey support that yeye club. |
Re: Naira Trades At ₦1,520 Per Dollar by Rejouir: 4:20pm On Jan 31 |
Tinubu o! Tinubu, Tinubu. |
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