FOREX: NAIRA LOSES AGAINST DOLLAR
source : http://www.eyesoflagos.com/2017/08/forex-naira-loses-against-dollar.html

The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.
The Nigerian currency lost one point to exchange at N368, weaker than N367 posted on Wednesday, while the Pound Sterling and the Euro closed at N478 and N432.
At the Bureau De Change (BDC) window, the naira was sold at N363 to the dollar, while the Pound Sterling and the Euro closed at N478 and N432.
However, the naira appreciated at the investors’ window, exchanging at N361.17 stronger than N362.39.
Traders at the market told NAN that in spite of the weekly auction of foreign exchange by the Central Bank of Nigeria (CBN) to BDC, the naira continued to depreciate. (NAN)

This country issa Joke

DO YOU even understand what you read

Shezhawt:
This country issa Joke

GMBuhari:
DO YOU even understand what you read

Can you explain GM BUHARI?

Its like any time the Naira hears Buhari is about to come back it starts falling. Can someone help us advice Sahara Reporters to desist from such rumors for our collective good

Shezhawt:
This country issa Joke

Try and learn how to read

Hnmm.

This country should reduce it's dependency on dollars.
The number of currencies at our disposal are too few.
Imagine if you could pay for your goods in China with their currency instead of dollars, the demand for dollars will drop.

Also subsidizing forex for pilgrimage is a no no. If you want to go for religious activities bear the cost at the bdc rate, subsidizing it is draining our forex reserve badly.

how i want the rate to sky rocket. Walks out in style..

You see why we don't want buhari to be hale and healthy? It seems his health is attached to our economy. ..

Increased Fx demands as a result of slight economic recovery.

The Naira shall rise again

1 naira difference

Another story oooooooo !!!!

This is my great country

justi4jesu:
how i want the rate to sky rocket. Walks out in style..

J4J dearest are you sure of that?

Na so prices go shoot up for 9ja too o.

Long time.

Bonne journee.

techycontents:
1 naira difference

that 1 naira is a lot my broda f you are transacting huge amount..importers can relate to this

AreaFada2:

J4J dearest are you sure of that?

Na so prices go shoot up for 9ja too o.

Long time.

Bonne journee.

Hehehe I am very sure jare

Even when rates go low, the prices for naija still go gree go down nah

Bonne journee pour toi aussi.

Shezhawt:
This country issa Joke

Though the headline is misleading
But and learn how to read
And understand before commenting

Seems the dollar is returning with vengeance on the naira

Hm

Som Zonbs up Dere Are Telling Odas to learn How 2read, That's Hilarious...


The Naira Will Surely Crash to #500/$

Nigeria Is A Failed State

Na normal thing Na, we are already used to it

Buhari was sick, naira was getting better.

Now, Buhari is getting better and Naira is sick.

Send money to Nigeria today at juicy rates without the IRS tracking how much you remit home via western Union and co. Simply deposit into my U.S bank bank account and receive the naira equivalent in your Nigerian bank account within minutes.

See contact in signature.

GMBuhari:
DO YOU even understand what you read

Am all for criticisms luv, why don't you indulge me... What did I fail to grasp? Because the Flunctuations seem pretty funny to me

The mumu president of the country will laugh it off as usual.

Clone2020:
Send money to Nigeria today at juicy rates without the IRS tracking how much you remit home via western Union and co. Simply deposit into my U.S bank bank account and receive the naira equivalent in your Nigerian bank account within minutes.

See contact in signature.

.
May I know your juicy rate?