One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload - Politics - Nairaland
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Dollar Sells For N1000, N900 In Abuja As Hoarders Rush To Offload (Propaganda) / FOREX Crisis: FG Plans Talks With Looters, Eyes Mop-Up From Hoarders / Naira, Petrol Hoarders Plotting Interim Government, Tinubu Alleges (2) (3) (4)
| One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by blamingthedevil: 10:15am On Mar 27 |
BREAKING This morning, at Zone 4 Abuja, along the Sheraton Hotel, the dollar is selling at N1,000 - $1. Abdulsalam BDC is selling N900 if buying over $5000. There's a mad rush to dispose of dollars at Zone 4. The dollar in the parallel market is presently selling at a lower price than the official market. https://twitter.com/duchessmabboud/status/1772901890889490475 18 Likes 2 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Asonaijaaso: 10:18am On Mar 27 |
THIS IS THE ONLY WAY THE GOVERNMENT CAN RETREIVE THE LOOT FROM THE POWERFUL LOOTERS. THE ONES EFCC CANNOT PASS THEIR STREET OR KNOCK ON THEIR DOORS. 6 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Paraman: 10:18am On Mar 27 |
It will get to 3k before the end of march in the mud 23 Likes 3 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by REDshouse(m): 10:21am On Mar 27 |
blamingthedevil: Are u sure it's not fake dollars that they are selling cos some people are not happy and are projecting dollar to be 3k before end of march 12 Likes 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by SoNature(m): 10:26am On Mar 27 |
Nobody can sell the dollars for 800. The parallel market rate is now 1300. 14 Likes 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by michlins(m): 10:28am On Mar 27 |
Hopefully it will push down the cost of diesel which will push prices of goods crashing down. Cost of production with generator running on diesel and transportation on trucks running on the diesel is the major reason prices are skyrocketing 14 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by femisplash: 10:28am On Mar 27 |
I just created a thread about this. We await full information and true market outlook by the end of today's trading. Hoarders are ever in trouble. 19 Likes 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by mrvitalis(m): 10:29am On Mar 27 |
SoNature:You dey mind this people They thing economic indexes care about propaganda They should keep wasting the borrowed dollars to keep price at unsustainable price instead of doing the right thing 12 Likes 2 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:30am On Mar 27 |
  Totori news |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:31am On Mar 27 |
SoNature: Market rate? Do you know the source of the exchanger? Normal dollar bank rate before the manipulators was around N500-N600... The New CBN boss has already told people tp dispose their dollars cos naira would soon gain strength 12 Likes 4 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Paraman: 10:31am On Mar 27 |
mrvitalis:You're heartbroken the naira is not 3000/$. You biafrans/obidients will be put to shame. By the time inflation rate start falling in May, I can't wait to see what you obidients will be wailing about by then 26 Likes 4 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:33am On Mar 27 |
Paraman: The news na very sad and bitter news for some of them. Some of them are becoming witch cos na witch no dey want the progress of others 11 Likes 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by SoNature(m): 10:33am On Mar 27 |
helinues: You tell me... Is the exchanger a government source trying to use speculations to bring down the exchange rate? This is FAKE NEWS, but let's even assume it is true, Nigerians will buy everything, go to another state and resell it at a higher rate. 6 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Donaldoni: 10:34am On Mar 27 |
mrvitalis: No dollar was borrowed! Our forex reserve is RISING. Cut your losses and sell your dollars now!!  20 Likes 3 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:35am On Mar 27 |
SoNature: The New CBN boss told those hoarding dollars to dispose it as the rate would soon fall. Is the rate not falling? Do you know which rate the guy got his dollar from? 6 Likes 2 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Paraman: 10:35am On Mar 27 |
helinues:They all thought the naira will be close to 3k to a dollar by now. They are heartbroken and sad. 10 Likes 2 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:37am On Mar 27 |
Paraman: The heartbroken and sadness shall continue to be their portion as long as they continue hating about the progress of Nigeria 9 Likes 4 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by SoNature(m): 10:39am On Mar 27 |
helinues: He's just trying to bring about panic sales so as to increase liquidity when people sell off their USD. Tag me when the northern exchangers all over Nigeria start selling at #900 per dollar. Until then, we are done having this conversation. 1 Like |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by unclejb2(m): 10:45am On Mar 27 |
REDshouse:don't mind that government propaganda e rat 1 Like |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by madridguy(m): 10:47am On Mar 27 |
So, Dollar is now crashing like Gbajue’s political ambition… Hosanna, Hosanna, Hosanna Copied. 15 Likes 2 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Olachase(m): 10:48am On Mar 27 |
Donaldoni:who were you telling to sell his Dollar i am not sure that guy knows how Dollar looks like talk less of touching it 3 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by CodeTemplar: 10:51am On Mar 27 |
I suspect reverse speculation is being deployed to drive it artificially lower it actually should. A reverse of what drove it so high it reached N1900. 1 Like |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by helinues: 10:52am On Mar 27 |
SoNature: This hatred for your own country won't take you anywhere. You guys must have excuses sha ni 13 Likes 3 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by faceland: 11:00am On Mar 27 |
Easy come easy go. The owner of tat dollar probably got it almost free (stolen, fake or ransom). 2 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by sreamsense: 11:05am On Mar 27 |
mrvitalis:Even if it is not propaganda, is there anytime you were once happy with any positive development in Nigeria before especially since buhari era? Only things that gladdens your heart is if Ipob kills police or Igbo Ipob killing Igbos. Your hatred does not count anyway because it ended badly for last obi presidential scam. Just tighten your belt very well, you still have 7 more years to wail on positive development of Nigeria. 13 Likes 4 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Wainey: 11:07am On Mar 27 |
Olachase:hahahahaha 1 Like 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Wainey: 11:08am On Mar 27 |
faceland:he probably got it when Emefiele seized the naira. Dollar was 700 then 3 Likes |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by RenaissanceGuy: 11:14am On Mar 27 |
mrvitalis:Pélé.... I know you are not happy with this positive turnaround due to your political alignment. What you don't seem to know is that it is not every economic downturn that follows economic law, and it's also true that it's not all sudden economic turnarounds that follow known economic law. If you think the only way for us to experience this kind of naira resurgence is to start manufacturing and exporting airplane, fighter jets, computer gadgets, trains and other high tech goods overnight, you're wrong. If conspiracy and price fixing can artificially shoot up the price of $, then a similar factor can also reverse that trend. 4 Likes 4 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by faceland: 11:15am On Mar 27 |
If tomorrow or next week, someone else with $500k can just sell for 800, people would panick and sell (starting a snow ball effect). |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by seunowa(f): 11:22am On Mar 27 |
michlins:Yes, what you said is true. If the price of diesel goes down, it will have a positive effect on the cost production and consequently on the prices of commodities and food. 4 Likes 1 Share |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by Paraman: 11:24am On Mar 27 |
helinues:Amen 4 Likes 3 Shares |
| Re: One Dollar Sold At N900 in Zone 4 , Abuja, As Hoarders Offload by seunowa(f): 11:28am On Mar 27 |
mrvitalis:You will continue to go sad over appreciation of naira in recent weeks.... Keep your sad look on. It makes me feel good 5 Likes 2 Shares |
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