More grease to the unemployed. All they do is complain. Last last, na japa go win am.

ZKOSOSO:
Tilumbumagical economics

Tinubuuu ooo!

All these fools who Dey insult Igbos coz tinubu Dey seat …hope your seeing the rates and all . Ndi ara

993 is record low.

May God have mercy

Na to look for any of my relatives for USA to dey send me steady dollars like this.

Can people better informed about finance educate me?

What of if government rather than try to fight this drop in forex, decides to make money off it?

What I mean is buy/sell forex at a profit to willing buyers at even black market rate and make a profit off it, so that at the end of the day there is no incentive to go and buy in the black market?

Nigeria has been fighting this exchange rate like forever so perhaps it is time to follow the trend as they say in the stock market. A finance person should please explain the folly or ingenuity of this idea.

Lol

The Naira is floating to where he knows not...

Wrong thinking. Better idea will be to think of what can earn you USD. 1k USD will be around 1 million. Think about it

Akalia:
Na to look for any of my relatives for USA to dey send me steady dollars like this.

Mehn this is no longer a joke its getting scary

A drvg trafficker and certificate forger can't help Nigeria.

This una Naira no dey stay one place

I think at this point the determining factor for the value of Naira is speculation . This is a wrong approach. I will suggest they close the economy to unecessary importation of finished products as well as ban the use of domiciliary accounts in banks . Terms of trade and trade deals between large economies and countries should be the sole criteria to determine stability of Economy and exchange rate.

....Tinubu is not the reason why dollar is falling. He just resumed office and Peter Obi started pushing down naira. The Obidients went out to buy every dollar in the market. Peter obi is our problem.

Dear Mr President, on your Mandate Manhood we shall stand!

treesun:


https://www.thecable.ng/naira-falls-to-record-low-at-ie-window-trades-n993/amp

Tinubu is giving Nigerians Operation Payton dance till 2027

treesun:
By January 2024, many jobs will be lost,more than enough beggars to do area boys on the roads and to sleep at Bourdillion plus Armed robbers!

your wish
Or

Others wish.

Justiceleague1:
Thanks bro to God. We pray it drops further. God help Jiggaman

Truly you are yet to understand what's happening

The figure up there is the official rate, it was formerly around N787/$ when the parallel market rate was N1,300/$

if the official rate has gone up to over N990/$ it means the parallel market (black market) rate will jump to about N1,500/$

Official rate drops, which means the parallel rates will drop more.

Get ready for ₦1500 to $1.

APC is what will cause the disintegration of this country, not any separatist group

Meet Gloria Ahmed Tinubu who single handedly transform Lagos with her first class certificate in accounting. We have no doubt that she will bring the price of dollar to 140

In Nigeria, elders are the leaders of tomorrow

Helinues, FreeStuffsNg, Yarimo......you bloody bastards will keep mute while your darling daddy destroys this country

9jatriot:
Wrong thinking. Better idea will be to think of what can earn you USD. 1k USD will be around 1 million. Think about it

How do you suggest I start earning in dollar enlighten me please
Hungry wan finish me here o

9jatriot:
Can people better informed about finance educate me?

What of if government rather than try to fight this drop in forex, decides to make money off it?

What I mean is buy/sell forex at a profit to willing buyers at even black market rate and make a profit off it, so that at the end of the day there is no incentive to go and buy in the black market?

Nigeria has been fighting this exchange rate like forever so perhaps it is time to follow the trend as they say in the stock market. A finance person should please explain the folly or ingenuity of this idea.

This is caused by basic demand and supply plus corruption.

If govt decides to sell at black market rate without addressing the supply/corruption issue, that is just moving the baseline as resellers will still add a markup.

It's like increasing fuel price when there is scarcity of fuel.

Only solution is to increase supply and deal with corruption. If everyone can get at offical rate, there is no need to spend more at black market.

The difference use to be less than 5 naira.

Taylor94:
Please this is not the price on parallel market oo



No go meet any Aboki to sell dollar for you at 993



They’ll stab you immediately



Dollar still dey $1380 for Aboki hand oo


Just like I said if una like make una vote rubbish e go favor me pass una since una no wan get sense leave tribalism


I’m stacking bitcoin on my private wallet almost every two two days


Make economy dey spoil make Naira dey fall e dey favor me


In anyway una want am Taylor go still cash out


Check the date two times coins on 28th and one received 4am this morning and you can see the name Taylor


Wahala for who no dey get dollars


LeoDeking and Yarimo make una lower una pride beg me money I go give una 100k each right now. No DM just quote this post and drop account I’ll run it at POS

Since dem no want money
Am available abeg, i no get pride

993/$ is called low? I weep for this APC and the 🌽eating Ebola. He has summersaulted the naira and the economy

But there are many people waiting with billions to map up any increase in supply, that has been the problem in the last 5 years.

alt3r3g0:


This is caused by basic demand and supply plus corruption.

If govt decides to sell at black market rate without addressing the supply/corruption issue, that is just moving the baseline as resellers will still add a markup.

It's like increasing fuel price when there is scarcity of fuel.

Only solution is to increase supply and deal with corruption. If everyone can get at offical rate, there is no need to spend more at black market.

The difference use to be less than 5 naira.

There are many things you can do, I will suggest 2:
1. Domain flipping
2. Selling of your skills on fiverr or upworks

You can do a search on nairaland and you will amazed at the wealth of info you will find

Showguyz:

How do you suggest I start earning in dollar enlighten me please
Hungry wan finish me here o

Taylor94:
Please this is not the price on parallel market oo



No go meet any Aboki to sell dollar for you at 993



They’ll stab you immediately



Dollar still dey $1380 for Aboki hand oo


Just like I said if una like make una vote rubbish e go favor me pass una since una no wan get sense leave tribalism


I’m stacking bitcoin on my private wallet almost every two two days


Make economy dey spoil make Naira dey fall e dey favor me


In anyway una want am Taylor go still cash out


Check the date two times coins on 28th and one received 4am this morning and you can see the name Taylor


Wahala for who no dey get dollars


LeoDeking and Yarimo make una lower una pride beg me money I go give una 100k each right now. No DM just quote this post and drop account I’ll run it at POS

No be lie ooh. Even last weekend wey dem say dollar don drop, I surprise when I sell.small.usdt wey I get for my binance acct at N1300/ usdt.. Sharp sharp naa im the guy pay sef.. Well me o no sell any again.

Not correct.

Justiceleague1:
Thanks bro to God. We pray it drops further. God help Jiggaman

I hope you understand the article?

Geminiivory:


No be lie ooh. Even last weekend wey dem say dollar don drop, I surprise when I sell.small.usdt wey I get for my binance acct at N1300/ usdt.. Sharp sharp naa im the guy pay sef.. Well me o no sell any again.

Lol

Every week is a record low...!

E nor dey reach rock bottom?!!