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Nairaland Forum / Nairaland / General / Business / Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement (21478 Views)
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Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by chopnaira: 4:54am On Mar 22 |
As controversy trails foreign airlines’ funds, the local currency continued on a recovery note yesterday with naira appreciating significantly against the dollar on the strength.Nlfpmod https://dailytrust.com/naira-appreciates-to-n1382-after-7bn-fx-settlement/ 25 Likes 4 Shares
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Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by yudee233: 5:17am On Mar 22 |
More positive news, Naira should trade below N1009 72 Likes 4 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by cjoni: 5:19am On Mar 22 |
This is lovely. Finally there is sun at the end of the tunnel 18 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by adamusuleiman1: 5:30am On Mar 22 |
A BDC operator, Haruna Agege, in a chat with our correspondent yesterday said the local currency is expected to appreciate against the dollars in days to come. Even the Malam is telling people to dump the dollars they are hoarding as the naira will keep rising in value. 52 Likes 5 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by handsomeyinka(m): 5:33am On Mar 22 |
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Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Honestey: 5:34am On Mar 22 |
Gradually Gradually N1 = $1 Loading.... 47 Likes 6 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by teadrake(m): 5:35am On Mar 22 |
Before April, Naira will likely trade N800 against the 1USD. 71 Likes 8 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by sleek214(m): 5:35am On Mar 22 |
Nice . Not a Tinubu fan but a patriotic Nigerian. I pray God to guide Tinubu right so we can all have the Nigeria of our dreams. God bless Nigeria. 185 Likes 18 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by money121(m): 5:36am On Mar 22 |
Ok |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by laurel03(m): 5:36am On Mar 22 |
yudee233:Naira will come down between #900 to 1k and stable thier for some years again that is how naija system works 20 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Amuluonyenaego: 5:37am On Mar 22 |
Audio rises 4 Likes 1 Share |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by EponObi(f): 5:38am On Mar 22 |
No surprise to some of us who spotted the talent of Cardoso very early. Yemi Cardoso is Asiwaju's biggest and most valuable assets in this administration. I place him very far ahead of Tunji Ojo, Umahi, and Wike. The man got the hardest job in Africa and he's delivering. The most amusing part of his journey is how simply he corrected the rot in the CBN and out financial systems. Genius is simplicity. The headmaster for a reason Wale Edun needs to catch up. We are on the right track - I've always said it. Some mumus will come to this thread to ask "why hasn't it reflected in the price of commodities in the market?" You people should ask your greedy and wicked market merchants and the importers, who will tell you they stocked their warehouses when dollar was very high - even those that haven't restocked since last year. At some point the FG will go after merchants who refuse to let their prices reflect the economy reality. EponObi: 87 Likes 8 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by blingxx(m): 5:38am On Mar 22 |
Lol. Ok |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by chigogo2010(m): 5:40am On Mar 22 |
Watch my first comedy skit and support me by Subscribing to my channel https://www.youtube.com/watch?v=F0rMa9YM-JU?si=0UegAh_Uby-0meEL |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by CamsedVacancy: 5:40am On Mar 22 |
It's a welcome development if it is sustainable... 12 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by MikeMicheal(m): 5:40am On Mar 22 |
I am not impressed till 1$=1Naira 344 Likes 21 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Orissodiq: 5:41am On Mar 22 |
Amuluonyenaego: Coming from someone who doesn't know anything about exchange rate 39 Likes 5 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by NOETHNICITY(m): 5:41am On Mar 22 |
It’s coming down. It’s going to keep coming down. Upon our refinery commencing operations in two weeks time, the dollar is going take a final blow. I’m frustrated with having to wait for Dangote refinery to commence production 42 Likes 3 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Rumundele(m): 5:41am On Mar 22 |
Tinubu na real jagaban, this man don almost recoup the money spent on the election 10 Likes 2 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by tiswell(m): 5:42am On Mar 22 |
Naira appreciation wen nor dey ever affect the high cost of goods and services in Nigeria,is that one appreciation? 22 Likes 2 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by vibbb: 5:43am On Mar 22 |
Hopefully Naira will gain a very good strength 200 per USD. Government should set up a strong independent body for price control - Manufacturers in Naija needs to be checked, practically they are also contributing to the problem. 25 Likes 4 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by tefishy(m): 5:47am On Mar 22 |
wonderment. Naira no wan gree again. Make it 1 naira to $500 13 Likes 2 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Omoboricash(m): 5:47am On Mar 22 |
teadrake:Now that the Naira is appreciating, the price of goods still remain the same when rate was 1900. We are our problem to ourself. 43 Likes 5 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by teamoneline: 5:48am On Mar 22 |
Next make the judiciary autonomous. Thank you 3 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Putindbutt: 5:49am On Mar 22 |
tiswell:That is the wickedness of nigerians to eachother. The cost of food was an artificial inflation and now that dollars is coming down, what's the excuses again? 31 Likes 6 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Ola9ja23: 5:50am On Mar 22 |
Glory be to God 5 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Cloudflare: 5:50am On Mar 22 |
Audio! Quote me when it gets to 260 a dollar |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by VIKTO83(m): 5:51am On Mar 22 |
Yes for the moment it's not influencing d cost of goods and services expecially food and drugs. But in few weeks to come when they must have sold all the goods bought during d High inflation period, they won't have option than to sale at lower price since they would have bought at lower price too. Though Nigerians are naturally wicked to one another. 25 Likes 5 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by sirblend: 5:51am On Mar 22 |
Nice one from cardoso 8 Likes |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by sleek214(m): 5:52am On Mar 22 |
Omoboricash:I keep telling people, a better Nigeria start with the people not the leaders. The leaders will be forced to do the right thing if the people do the right thing. The probability of good children changing their bad/ evil parents to become good parents is very high while the probability of good parents changing their bad/ evil children to become good children is low. 18 Likes 4 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by eeithis(m): 5:53am On Mar 22 |
If price of bikes cars and food stuffs doesn't come down then theres no need of naira selling for 200 sef 3 Likes 2 Shares |
Re: Naira Appreciates To ₦1,382/$ After $7 Billion FOREX Settlement by Meti99(m): 6:04am On Mar 22 |
😅APC Audio Promises Continues 5 Likes |
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