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Nairaland Forum / Nairaland / General / Business / Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market (27235 Views)
Naira Appreciates To N756.61/$ On Investors & Exporters' FX Window / Dollar Sells For N445 As Forex Scarcity Persists / Dollar Sells For N420, Naira Crashes In Value (2) (3) (4)
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Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Omoawoke: 7:05pm On Mar 20 |
chidiokay: We have videos of people celebrating the fall of naira. They were everywhere posting and jubilating 2 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Afamed: 7:14pm On Mar 20 |
$ slaves go wail tire. This is the beginning 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by papiwyte(m): 7:15pm On Mar 20 |
Ofunaofu:Bcoz ur candidate didn't win u guyz don't wish naija good... Watch and u how tinz will turn around.... TINUBU till 2050 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by papiwyte(m): 7:16pm On Mar 20 |
chidi2003:They are still better compared to ur lamba online president TINUBU till 2050 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Ofunaofu: 7:18pm On Mar 20 |
papiwyte: Don't divert. Answer the question. How much was it when Tinubu took over? |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by papiwyte(m): 7:21pm On Mar 20 |
Ofunaofu:U will continue crying till 2027 and still labour in vain 3 Likes 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by chaddy16: 7:22pm On Mar 20 |
Davehasmadeit:Being optimistic and hopeful is now deceiving myself. Nawa o 2 Likes 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Donaldoni: 7:22pm On Mar 20 |
Hahahahhahahaa I told someone, nobody should mess with the FG. They can bring it NGN/USD1 if they wish. By the time the refineries resume operation, Naira will appreciate even more. Pigggs can grunt to death. 3 Likes 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Donaldoni: 7:23pm On Mar 20 |
Ofunaofu: It was over NGN800 when Tinubu took over. |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Lifemanage: 7:23pm On Mar 20 |
predictor1:Imported inflation, when foreign goods which we do not manufacture are high due to high dollar rate; farmers had to make theirs expensive as well to meet up the cost of imported goods. It's mainly market dynamics. When the rate improves, we can self sufficient without relying much on imported goods 2 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by justmi1: 7:28pm On Mar 20 |
seborrhic:If the fall can be sustained for 3 successive times, then there would be more drastic gain for the naira 2 Likes 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by PHAYOL81: 7:44pm On Mar 20 |
This is not our best so I pray the trend continues 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by VeeVeeMyLuv(m): 7:51pm On Mar 20 |
drimzsmoke:This is the power of CBN governor Cardoso Anytime you hear CBN wants to intervene or the governor talking or often in the news or their Thier monetary policy committee is about sit and hold meeting know that something is about to happen. 1 Like 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Lordofalmajiri(f): 7:52pm On Mar 20 |
Formularcr7:Na the koko be that , I doubt if the prices of things will come down |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by hansomb: 7:54pm On Mar 20 |
omoadeleye:If it does, imagine buying an iPhone 15 pro max at the rate of #1,500 |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by omoadeleye(m): 7:56pm On Mar 20 |
hansomb: So, is that a bad thing or a good thing? |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Ofunaofu: 7:58pm On Mar 20 |
Donaldoni: Real and commendable improvement is when the Naira appreciate below or at least remains stable a NGN800 to a dollar when Tinubu took over. But crashing the Naira to the extent that it exchange at almost NGN1,900 to a dollar with its attendant negative economic impact and then appreciates to NGN1,400 to a dollar should not receive any commendation |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Igbek76: 8:01pm On Mar 20 |
The low IQs who tagged themselves opposition will not be happy . First class student and third class student no be the same. Lagos progress is not by accident. We could get our economy right and working if we are patient and holistic in implementing good policies that come with initial pains but profitable at the long run. 2 Likes 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by johnjose68: 8:07pm On Mar 20 |
Kaycee9242: We know you are sad about this. Just focus on Ajaero's plan to take over Eluupee 76 2 Likes 2 Shares |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Fearurcreeator: 8:11pm On Mar 20 |
Paraman:E no go better for their children 1 Like 1 Share |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Donaldoni: 8:11pm On Mar 20 |
Ofunaofu: And who said the Naira has finished appreciating? Wait till the refineries commence operation, then you will see wonder. The Buhari rates were fake and disastrous. 4 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Fearurcreeator: 8:11pm On Mar 20 |
Paraman:E no go better for their future |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by hansomb: 8:14pm On Mar 20 |
omoadeleye:It can be a bad thing and it can be a good thing. Depending on which scale u are. Imagine someone that has a million in his account, he will become a trillion naira overnight. Imagine how many people will become trillion naira. We will get to a point where no one will want to work for anyone. Imagine if your Mai guard is a millionaire, he won't work again |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by hansomb: 8:18pm On Mar 20 |
Lordofalmajiri:If things don't come down, the only people that suffer that after the economy wakes up back are salary earners. 2 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Paraman: 8:19pm On Mar 20 |
Yankee101:So who's losing between the person selling to the aboki and the aboki that's buying? |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by Fearurcreeator: 8:21pm On Mar 20 |
iLegendd:Obi won't lead this country... 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by victorDanladi: 8:21pm On Mar 20 |
MrNipplesLover:How did GEJ meet it? 2 Likes |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by kay29000(m): 8:24pm On Mar 20 |
Bullfallo: Nah! If it comes down to 1000, there will be panic dumping. 1 Like |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by VanuatuWycombe: 8:33pm On Mar 20 |
RecentHistory: ππ. Donβt mind me. Just kidding and trying to, theoretically, imagine how stares will flood market with Dollars and crash it further |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by micxwell(m): 8:35pm On Mar 20 |
drimzsmoke:You better calm down. If you invested enough to give you atleast a $100 returns monthly then why worry. Meanwhile, the rate has gone back up on Rise. |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by MrPOTUS: 8:42pm On Mar 20 |
predictor1: We both saying d same thing bros. As long as it's possible and not a rocket science. But our leaders are useless. |
Re: Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market by drimzsmoke(m): 8:43pm On Mar 20 |
micxwell: Omo, how you know say the money don rise again now now.... Thanks, but I'm not bothered about the money there, I'm just here to catch cruise ni. I rarely go there sef except my colleague send me message say make I check rate or something!!! |
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