Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,237 members, 7,957,561 topics. Date: Tuesday, 24 September 2024 at 02:41 PM |
Nairaland Forum / Nairaland / General / Business / Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks (30252 Views)
Naira Gains, Dollar Crashes At Parallel Market / Naira Firms On Black Market After Central Bank Action - BDC Traders / CBN Reinstates 9 Banks Suspended From Forex Market (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Nobody: 5:02pm On Aug 24, 2016 |
https://www.thecable.ng/naira-crosses-400-mark-at-parallel-market-after-fx-ban-on-9-banks?_e_pi_=7%2CPAGE_ID10%2C3801736837 2 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Nobody: 5:04pm On Aug 24, 2016 |
This is what happens when the govt is so clueless and myopic to foresee and evaluate the future effects of their decisions. meanwhile, we are still waiting for the Yuan deal. 165 Likes 14 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Angelparadise: 5:08pm On Aug 24, 2016 |
Are we heading to equate Zimbabwe dollars? Those that voted for change how far ? 115 Likes 7 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by ercel: 5:12pm On Aug 24, 2016 |
Were there no other ways to compel those banks to remit order than this ban? It has now added pressure for FX on the other remaining banks who have not been faring well! A step forward and two backward won't do us good in this country! 52 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Nobody: 5:16pm On Aug 24, 2016 |
Angelparadise:they may soon invade this thread to blame Jonathan for the repercussions of Buhari's unfavourable economic decisions. 130 Likes 5 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by pointstores(m): 5:16pm On Aug 24, 2016 |
it is well 4 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by oyinkinola: 5:38pm On Aug 24, 2016 |
Angelparadise:...it seems that you people have short memory I warn and insit os simply removed of Godwin Emefiele and it's not go well for you people? after several warning I take you to the nearest countries surrounding Nigeria the Cfa zones, to make you reason on how the monetary system is manage! but who listened? Nigerian keep managing your Emefiele action on Naira! here is one of my warning:https://www.nairaland.com/3306047/godwin-emefiele-clueless-must-sacked#48737994 here is the conversion of fcfa to Naira and the equivalent of it's denomination to Naira, you see the difference: Coins: 50k=1fcfa 50kx5= 250k =N2.50k 50kx10=500k=N5.00k..............Nigeria currency Note 50kx25=1250k=N12.50k 50x50=2500k=N25.00k 50kx100=5000k=N50.00k..........Nigeria currency Note 50kx200=10000k=N100.00k.......Nigeria currency Note 50kx500=25000k=N250.00k Fcfa currency Notes: 50kx1000=50000k=N500.00k.....Nigeria currency Note 50kx2000=100000k=N1000.00k..Nigeria currency Note 50kx5000=250000k=N2500.00k 50kx10000=500000k=N5000.00k What a consumer(buyer) will protect on an economy like our, where is the money in the market that the buyer will protect! and when the money didn't have saver it will lead to what!.....not inflation? 3 Likes 1 Share
|
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by babtaima(m): 5:40pm On Aug 24, 2016 |
Dear nairalanders, today is my birthday... Kindly vote for me to get to the next stage of Maltina DanceAll by liking my dance video here: http://maltinadanceall.tv/entries/1471635061 Thanks 11 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by damola311: 5:40pm On Aug 24, 2016 |
Things are getting worse day by day.... Courtesy of Dullard and his economic gang 32 Likes 2 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by LeBlack: 5:41pm On Aug 24, 2016 |
Hmm... 1 Like |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by danowena: 5:41pm On Aug 24, 2016 |
Anyone transacting in dollars and earning in naira is doomed. Number of people travelling abroad for holidays has reduced. Those schooling abroad are considering withdrawing. Those planning to school have to reconsider. The business men are scared of putting their money because of the many changes in our forex policies which this administration admits to be a gamble. How can u be gambling with the lives of over 120 million people? Mtcheeeeeeew 66 Likes 3 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by SAMBATLAN(m): 5:42pm On Aug 24, 2016 |
ok |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by jogsman01(m): 5:42pm On Aug 24, 2016 |
forseen! |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by kingmekus(m): 5:42pm On Aug 24, 2016 |
I Don't blame Buhari rather I blame those that brought this curse upon us. 37 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by flyca: 5:43pm On Aug 24, 2016 |
Sai Buhari I'm voting President Buhari for live Presidency 5 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by emymeeky: 5:43pm On Aug 24, 2016 |
Hahahaha hahaha hahaha.... Government of trial and error . Common sense should have let the FG know that blocking those commercial banks from selling foreign currencies would increase the pressure on the bureau d change to satisfy foreign currency needs which will invariably increase the rate. Another way to sound it in the ears of these amateurs is that scarcity of dollars has made the black marketers to exercise monopoly of foreign exchange supply 17 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Toeyoursea(m): 5:43pm On Aug 24, 2016 |
blueto: The banks violated the TSA agreement and they should be made to face the wrath of the law. The price hike is the price the government will have to pay for doing the right thing and I think it is worth it. They will learn to take Nigeria serious next time; THE ERA OF IMPUNITY IS OVER. 27 Likes 3 Shares |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Bashirfuntua(m): 5:44pm On Aug 24, 2016 |
chai |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by MissingBudget: 5:44pm On Aug 24, 2016 |
Omenk4 and other irredeemable zombies will still figure out how to exonerate the silly, uneducated idiat of a dullardh from this. 16 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by englishmart(m): 5:44pm On Aug 24, 2016 |
happy birthday dollar 7 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by neocortex: 5:45pm On Aug 24, 2016 |
Sai Baba, we are solidly behind you 2 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by daniska3yaro(m): 5:45pm On Aug 24, 2016 |
Hmmm |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by DrayZee: 5:45pm On Aug 24, 2016 |
Pressing on to 500 Useless Government 13 Likes 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by gbadexy(m): 5:46pm On Aug 24, 2016 |
Going to N500 2 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by myklangelo(m): 5:47pm On Aug 24, 2016 |
Huh, Naira always on the move... abeg when will things be stable in this country? The Only constant has always been anti-mass and anti-social policies in this government. Asusu Igbo ga-adiriri www.odeniigbo.com 3 Likes |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Nobody: 5:47pm On Aug 24, 2016 |
CHANGE.. 1 Like |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by oyinkinola: 5:47pm On Aug 24, 2016 |
DrayZee:...or useless Emefiele? 1 Like 1 Share |
Re: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks by Kaybee14(m): 5:47pm On Aug 24, 2016 |
The Naira/economy continue to nosedive with no sign of recovery. It is well. 2 Likes 2 Shares |
(1) (2) (3) (4) (5) (6) (Reply)
Senate Blasts MTN For Moving $14bn Out Of Nigeria, Wants Stanbic IBTC Punished / The 10 Most Innovative Sources For Getting Good Business Ideas / Pls Do U Know How Much A Maruwa (aka Keke Napeps) Cost?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25 |