The Naira appreciated against the U.S. dollar on Monday, after about two weeks of losses.

The local currency gained N3 from N493 to exchange at N490 at the parallel market, while both the Pound Sterling and the Euro traded at N600 and N506 respectively.

But at the Bureau De Change segment, the Naira closed at CBN stipulated rate of N399 to a dollar, while the Pound Sterling and the Euro traded N599 and N510 respectively.

At the interbank market, the Naira was stable at N305, same rate it traded on Friday.

Currency traders have attributed the gains to low activities at the market, as businesses are yet to hit full production.

The Naira remained around N490 a dollar inspite of speculations that it would hit N500.

However, a research analyst at Investors King Ltd, Samed Olukoya, said N500 is not far-fetch, but optimistic that the Naira will appreciate by the second half of the year if the federal government can curb the activities of the militants.

http://investorsking.com/naira-gains-on-low-market-activity/

Observing

.

Bad belle predicted ngn will trade for 1000 to $1 Oju ti ti won



Nigeria will be great

Still a quite far from what they promised us and what it used to be! Naira do fast and rise oo, boys wanna go vacation

Very irrelevant gain.

GOD THIS 2017 I REJECT NIGERIA TYPE OF GOOD NEWS AMEN,TODAY NAIRA GAIN BY ONE NAIRA,NEXT TOMORROW FALLS BY 5 NAIRA,TODAY ELECTRICITY MEGAWATT NA 4000 TOMORROW 3013MEGAWATTS LOST DUE TO GAS SHORTAGE,I REJECT THIS KIND OF ONE STEP FORWARD 10 STEPS BACKWARD NEWS.

this one na news?

Sighs....

Abeg where the gain? All these bend and select rates

congratulations Naira

Naira dey always appreciate at snail speed and depreciate at speed of thunder...

OK

Please what is the essence of this Yeye news because i don't get the point. We are honestly tired. Dollar still exchanges at #490-500 and this ugly news keep popping up weekly. Like who una epp sef!

This news is totally insignificant on the streets.

Thunder with Fire will minister on the head of the next person to post this yeye News again.

Awon Oloshi.

AfonjasMustDie:


This is why this country will continue sinking

You're busy jumping up because naira gained just 3 naira ??

When Goodluck Jonathan was the president, naira was 190 to $1, people were eating well, the economy was booming but some brainless people were not happy and they wanted change and they decided to vote for Buhari, now $1 is 600 and they are still supporting their Hausa master, these zombies are something else

And crude oil was being sold at $145/ barrel and our boiz in the SS weren't blowing up pipelines.

Trust me, with the way you are going, you'll probably die before the afonjas.
Stop complaining and start doing something productive with you life. 50weeks to the end of 2017.

Appreciating by 3 naira is nt Enough

AfonjasMustDie:


This is why this country will continue sinking

You're busy jumping up because naira gained just 3 naira ??

When Goodluck Jonathan was the president, naira was 190 to $1, people were eating well, the economy was booming but some brainless people were not happy and they wanted change and they decided to vote for Buhari, now $1 is 600 and they are still supporting their Hausa master, these zombies are something else

nonsense

Sarrki, madridguy, zombies n IDGAF crew. Food don land

..and during the last election the APC was telling us if 200 to a dollar is good enough. and no one have a second thought what they mean.

it's on records that buhari is an illiterate that has no clue how a 21 st century country should be govern.

it's also on record that President yaradua is the best President and literate that ever emerged from the north.

it will will exchange for 690 per dollar befor may 2017

Yea. Wit #3 gain, Nigeria will be great. So u v quickly forgotten wat d exchange rate was b4 ur buhari destroyed d naira

GMBuhari:
Bad belle predicted ngn will trade for 1000 to $1 Oju ti ti won



Nigeria will be great

Scatterscatter:


And crude oil was being sold at $145/ barrel and our boiz in the SS weren't blowing up pipelines

don't mind him with his useless analysis

Truth234:

The Naira remained around N490 a dollar inspite of speculations that it would hit N500.

As the economy stands now, I dare say this is an inevitable outcome.

AfonjasMustDie:


This is why this country will continue sinking

You're busy jumping up because naira gained just 3 naira ??

When Goodluck Jonathan was the president, naira was 190 to $1, people were eating well, the economy was booming but some brainless people were not happy and they wanted change and they decided to vote for Buhari, now [b]$1 is 600 [/b]and they are still supporting their Hausa master, these zombies are something else

Ode, so $1 is already N600 right? Your extremely hateful heart won't let you see the truth even when its right in front of you.

Stupidity is when you celebrate the naira gaining by 3 naira and the next thing it depreciates by 50 naira, meteeeeew, one zombie of the federal Republic of Nigeria up there is already celebrating, sai baba zombies

sleeping Naira

Otenestbestyaho:
it will will exchange for 690 per dollar befor may 2017

prophet of doom

Let it keep gaining abeg





In another news:

Lusty,s law of Valentine's day observation" states that "the outing of 14th of February is directly proportional to the outcome of 14th of January provided that MMM remains constant......4days to go

As if it's nt possible. Is thr form of national disgrace dat hasn't bn displayed by ur buhari govt? What was d value of the naira b4 buhari n here u r celebrating #3

Araoluwa005:
prophet of doom

Can we maintain the trend?

Pls it shout not go down again ooooooo