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Nairaland Forum / Nairaland / General / Business / Naira Crashes Further To N480/$ At Parallel Market.. (723 Views)
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Naira Crashes Further To N480/$ At Parallel Market.. by BeeBeeOoh(m): 10:07pm On Sep 29, 2016 |
The Naira crashed to N480/$1 at parallel market on Thursday, September 29, from about N460 exchange rate attained on Wednesday, September 28. https://www.naij.com/989023-naira-drops-20-points-exchange-lowest-level-ever-dollar.html Lalasticlala, Mynd44
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Re: Naira Crashes Further To N480/$ At Parallel Market.. by Demainman1: 10:09pm On Sep 29, 2016 |
Lovely. Ftc 1 Like |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by nnachukz(m): 10:17pm On Sep 29, 2016 |
Na wa oh. Anyway I'm not spending this my 1$ until exchange rate reaches N5000 for $1 |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by Titto93(m): 10:37pm On Sep 29, 2016 |
All hail d dullard...
he has done it again. 2 Likes |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by Titto93(m): 10:42pm On Sep 29, 2016 |
... and some people think that by selling national assets things will bounce back... pls, if Dangote is looking for what to buy, he should go and buy sambisa forest and get boko haram free... (we're in d promo of buy 1 and get 1 free) 1 Like |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by Nobody: 10:43pm On Sep 29, 2016 |
imagine losing a 100 dollar bill 1 Like |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by bennygreat1(m): 10:45pm On Sep 29, 2016 |
And we want to celebrate Nigeria@56 #WhatACountry!!!! 1 Like |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by EnterPRO: 1:46am On Sep 30, 2016 |
Seems Naira is now drilling for oil itself. This is more than free fall or nose diving. |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by Nobody: 2:58am On Sep 30, 2016 |
nowadays when i withdraw profit from my binary trading i just keep.my money in dollars |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by kingviny: 3:19am On Sep 30, 2016 |
HOW TO SAFEGUARD YOUR HARD EARNED NAIRA FROM FURTHER LOOSING VALUE. THE ROOT CAUSE So long as we cannot produce most of the things we import from abroad, our naira will continue to receive uppercut from the almighty dollar. It is a simple economic case of scarcity and speculation. Dollar is scarce and people are ready to pay any amount for the little that is available. Some people are also hoarding it apart from the stringent government regulation over provision of dollars to dollar users. With these pressures, we pray it doesn't get to N1000 to $1. THE PRACTICAL IMPACT If you had kept N200,000 in your savings account last year. As at today, your money is merely worth N90,000 (interest included) This is because last year, $1 was N200, and now at N475/$1, your cash asset is worth (200 /475 x 200) N84,210. If your bank is generous, you might earn an interest of say N5,790 over the duration of keeping your money untouched to make it N90,000. You have practically lost N110,000! Due to the wickedness of the past governments and the cluelessness of the present government, your sweat has now been eroded by 55% and it might even go down further before the end of the year! You may think you still have N200,000 plus interest in your account, but if you withdraw that money today and use it to buy things in the market with inflation hitting an unimaginable 50% (forget about the fake 17% data from government), then you will know that things are no longer at ease. THE SOLUTION To secure your cash asset from further loosing value and to allow your money work for you so that it can be growing at an exponential rate compared to bank's snail rate, then you need to talk to our currency investment analyst right now. Call:- 07081516945 , 08109946200, winwin.investment2016@gmail.com If you don't take action right now with the way things are going in this country (hyper inflation and job losses) it might be too late! CALL/MAIL NOW, THERE IS A SURE WAY OUT. DON'T ALLOW THE NIGERIAN GOVERNMENT TO TURN YOU INTO A PAUPER, ACT SMART! 2 Likes |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by Donpressman(m): 7:16am On Sep 30, 2016 |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by BeeBeeOoh(m): 9:24am On Sep 30, 2016 |
Re: Naira Crashes Further To N480/$ At Parallel Market.. by JamesFCI(m): 9:34am On Sep 30, 2016 |
To help with your issues, My company Foreign Currency Innovations based in London specialise in making international payments. Here at FCI we offer a fully regulated service which allows you to exchange your Naira into USD with no transaction fees without the use of a letter of credit. We are able to exchange Naira for up to $5,000,000 USD per day at a rate of 424 to 1 Dollar and the funds will reach your beneficiary within a 2-3 day time-frame. My contact email is james.gilbert@fci-ltd.co.uk - Please get in touch if you would like to discuss further. |
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