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Nairaland Forum / Nairaland / General / Business / Naira Falls To ₦1,260/$ In Parallel Market (12187 Views)
Naira Depreciates To N1,305/$ In Parallel Market / Naira Appreciates From 1310/$ To 1300/$ In Parallel Market / Naira Bounces Back, Appreciates To N470/$ In Parallel Market (2) (3) (4)
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Re: Naira Falls To ₦1,260/$ In Parallel Market by ojonugba2014(m): 8:04am On Dec 14, 2023 |
We are just getting started. My prayer is " God let it favor me ND my family" Bleep Nigeria |
Re: Naira Falls To ₦1,260/$ In Parallel Market by DrMuzungu(m): 8:10am On Dec 14, 2023 |
solsticey2k3: In August 2014 it was floating between 170 and 180. Then bullhari came. Th1efnubu is just here to finish Nigeria off. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by cmikel: 8:22am On Dec 14, 2023 |
Vvvv |
Re: Naira Falls To ₦1,260/$ In Parallel Market by cmikel: 8:34am On Dec 14, 2023 |
The tribalism base government and it's followers are the cause of the falling and failed country. Their campaigns were not on economic issues but based tribal division so as to use divide and rule to get to power. Look at the assumption based proposed budget without any physical blueprint and you will weep . The vudoo based budget will further give gov more money to spend and push more people to poverty A government that believes only in taxing it's citizens as the only means to raise funds how can it's currency gain strength? This will lead the country men into intense poverty and frustration . 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Soukiss(m): 8:44am On Dec 14, 2023 |
Naija is gone Let everyone goes to his tent audio government. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by deavicky(m): 8:55am On Dec 14, 2023 |
I'm only blaming the Ymra |
Re: Naira Falls To ₦1,260/$ In Parallel Market by abah001: 9:07am On Dec 14, 2023 |
What plan does this government have self. Look how they are impoverishing Nigerians, just less than 7 months. Greed will not allow them to leave the position to competent hands despite what they have acquired. This government is a disaster. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Mosba: 9:13am On Dec 14, 2023 |
My projection was wrong, I predicted it would be N1,970 per $1 by now. Tinunu is really working. Meanwhile, help me tell the pastor who prophecized N1 will equal $1 to stop drinking that thing. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Dotmanq: 9:23am On Dec 14, 2023 |
This is the cause of things and items getting expensive this December. A Derica of rice is now being sold for 1k. This is seriously serious. |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Dyfynezz12(m): 9:31am On Dec 14, 2023 |
crossfm:I swear, Tinubu is a confused man 2 Likes |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Mrfeel: 9:35am On Dec 14, 2023 |
Chetas81:The only zombie here is you who don't know how currency exchange works you think the citizens are the reason naira is depreciation 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by sirchim(m): 9:37am On Dec 14, 2023 |
Godjone:Don't mind them, look at them pushing the CRIMINALS, eating up the future of their children. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Mrfeel: 9:42am On Dec 14, 2023 |
obi58:This guy you quoted told me sometime ago that FG is deliberately setting traps for people buying over priced dollar , that naira will become scarce and people will use dollar to buy naira and at higher exchange and dollar will fall 3 Likes 1 Share |
Re: Naira Falls To ₦1,260/$ In Parallel Market by obi58: 9:43am On Dec 14, 2023 |
Mrfeel: Freestuffsng is in severe pains right now 2 Likes |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Mrfeel: 9:43am On Dec 14, 2023 |
obi58:This guy you quoted told me sometime ago that FG is deliberately setting traps for people buying over priced dollar , that naira will become scarce and people will use dollar to buy naira and a higher exchange and dollar will fall 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 9:45am On Dec 14, 2023 |
Westerhoffe: One idiot was saying it will take 7 years for Dollar to get back to ₦1,300. Were laughing at some lady who changed her money to USD at around ₦1300/$ before government manipulation led to a false increase in the value of ₦ 2 Likes |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 9:46am On Dec 14, 2023 |
Lastmankc: There is absolutely no space for many of them to stand 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 9:51am On Dec 14, 2023 |
Aw6793: When currency loses value against another, Finance says the currency has fallen, when it gains value that's when it is rising |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 9:56am On Dec 14, 2023 |
blesdman: Who told you the UK doesn't export much? 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by bigiyaro(m): 9:56am On Dec 14, 2023 |
The earliest Nigerians brace up for #2k/1$ before half of tinubu's tenure d better. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Cruzmaster: 9:59am On Dec 14, 2023 |
Una dey lie jare. As far as I know,bwe Agbado supporters are buying dollar 250 😂😂😂 2 Likes |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Fuckyoumod: 11:05am On Dec 14, 2023 |
crossfm:hahahahaha 😂😂😂😂 The man is an empty old man! The same people that made lots of noise about him have started denouncing him. 😂 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by lastkingsman: 11:26am On Dec 14, 2023 |
airsaylongcome: UK export is not your traditional export (education, entertainment, finance, and so on) Meanwhile, currency stability is not only determined by export. You have FDI and FPI, sovereign wealth fund and foreign reserve and so on 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 11:29am On Dec 14, 2023 |
lastkingsman: I was going to mention that the UK does export a lot of services primarily in the Finance sector. Thanks for mentioning that. Also a lot of these services the UK exports results in considerable FDI 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Xtraterestial: 12:04pm On Dec 14, 2023 |
Emilokans think Street smart can govern, but intellectual smart is different. They said jagaban will do it, now look. The man dosnt know more than mago-mago way. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Johncuppa(m): 12:28pm On Dec 14, 2023 |
mightyhaze:Your story is so true. I once worked as a supervisor somewheere. The factory workers kept stealing the company products. I won't know no matter how I tried to detect until the manager would bring them with the products they stole. I was confused. These are people who will come to seek for my advice, how come they are out playing me in this stealing game. Finally, I came to a conclusion that everybody has brain, but their kind of brain is for fraud, and they are master in it, but simple brain to do good is far from them. This irrespective, democracy has its own curse, just the way it has its blessing. It is so distasteful when very few people make decision for many. |
Re: Naira Falls To ₦1,260/$ In Parallel Market by lastkingsman: 1:00pm On Dec 14, 2023 |
airsaylongcome: Norway has sovereign wealth fund of 1trn USD (that's $1 trillion united state) Dollars. When mkt force can shake their currency? |
Re: Naira Falls To ₦1,260/$ In Parallel Market by airsaylongcome: 1:29pm On Dec 14, 2023 |
lastkingsman: Our small SWF, Amaechi and his set of governors no let am rest. The ones wey follow that set chop everything reach ground. SWF wey save us during global meltdown in 2008 2 Likes |
Re: Naira Falls To ₦1,260/$ In Parallel Market by lastkingsman: 2:13pm On Dec 14, 2023 |
airsaylongcome: This. That's we had technocrats running the economy na. Technocrats like Ngozi and co. 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by Adolfnigeria: 7:30pm On Dec 14, 2023 |
Its because of Obidients naira value is falling .. LoL Its a shame, but the wealth of Nigerians is being robbed by incompetence and corruption of government. By the next election, no doubt naira will be close to NGN2,000. Corruption is killing Nigeria 1 Like |
Re: Naira Falls To ₦1,260/$ In Parallel Market by investigator007: 7:53pm On Dec 14, 2023 |
Na wa, na this same naira be 150 to 1 dollar before? Na only god go judge this our government o. |
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