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Naira Appreciates To ₦‎1,280/$ At Parallel Market - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Appreciates To ₦‎1,280/$ At Parallel Market (29065 Views)

Naira Appreciates To N1,250/$ At Parallel Market / Naira Appreciates To ₦‎1,650/$ At Parallel Market / Naira Appreciates To N756.61/$ On Investors & Exporters' FX Window (2) (3) (4)

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Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Basic123: 7:31am On Mar 30
Johnjustice:

Black market won't matter if there is enough dollars with banks at cheaper rate...are you a fool to buy at an expensive rate from black market when banks sell cheaper?

Most of you are really foolish.
The black market is even cheaper!

No be black market be parallel??

2 Likes

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Truthsandtrusts: 7:31am On Mar 30
socialmediaman:
This government is full of propaganda.

Here’s your proof:

https://www.nairaland.com/8046241/fact-checking-numbers-cbns-announcement



.yes because you hate to see Nigeria working again..

5 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Washere(m): 7:31am On Mar 30
Na so woh,,,,,me i dey tell una say dollar nyash don open, it will continue to fall until it reaches ₦100/1$ . The enemy of this country should go and hug transformer during rainy season.,😹😹😹

7 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Johnjustice: 7:32am On Mar 30
Basic123:

The black market is even cheaper!

No be black market be parallel??
No mind the clowns...they have no argument, they are frustrated the dollar they keep as gold is falling, it will keep falling.

8 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Angelfrost(m): 7:32am On Mar 30
Good news... May it continue to appreciate.

As long as it is not being propped by loans.
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Emekuz256(m): 7:32am On Mar 30
Thank BABA GOD for that. But at least mek price of food stuffs come down abeg, things are getting out of hand.

3 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by stacyadams: 7:33am On Mar 30
vowiski:
Lol,

Oshiomole style of leadership as NLC chairman.

They both know fuel will increase by N5. Government Increase fuel by N10. Everyone shouts and Oshiomole jumps round the Country.

Fuel reduces by N5. The original plan of the government, Masses say Fuel has reduced and Oshiomole try oooo.

Tinubu increases exchange rate to N1880. They know the economy is N1300-1400.

They bring it down to N1300-1400. Masses scream, Naira is appreciating.

I am forced to ask; Naira is appreciating from where ? Where did the present government meet it?


You can see the smoke and screen? cheesy

Don't mind those urrcchins whinnying themselves grin
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Basic123: 7:33am On Mar 30
Abdul05:


Bro,you are missing something go and check well. grin
You think followers of the man below are smart people?

5 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Johnjustice: 7:34am On Mar 30
Maj196:
Some mumu even bought it at 1.8k hoping to sell it more, God don catch dem
grin
Na dem full everywhere dey cry hoping their propaganda help increase the rate.

5 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Ashawoman82: 7:34am On Mar 30
Johnjustice:

Black market won't matter if there is enough dollars with banks at cheaper rate...are you a fool to buy at an expensive rate from black market when banks sell cheaper?

Most of you are really foolish.

You idiots have not got the memo, CBN now receives NNPCL payments...do you know how much dollars CBN gets from that weekly?
lol.. Ode... Oya na go and get $ from the bank lemme see u, gullible fool... Haha... Just dey play...
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Basic123: 7:34am On Mar 30
Johnjustice:

No mind the clowns...they have no argument, they are frustrated the dollar they keep as gold is falling, it will keep falling.

One of my frustrated former caller of Nigeria zoo turned Obidient lover to me have I tried to import when I told him about the news.

They don't know how stupid they look when they exhibit their pessimism

3 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Ashawoman82: 7:35am On Mar 30
Abdul05:


Bro,you are missing something go and check well. grin
TF I'm I missing?.. Forget all these media propaganda, go and get $ from the bank lemme see, especially as a SME..
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Johnjustice: 7:35am On Mar 30
Ashawoman82:
lol.. Ode... Oya na go and get $ from the bank lemme see u, gullible fool... Haha... Just dey play...
Dollar is for importers not me, you stupid hoarders will loose, aboki won't buy from you when banks sell cheaper... idiot... importers won't buy from aboki if banks sell cheaper. Clown

11 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Zico5(m): 7:38am On Mar 30
socialmediaman:
This government is full of propaganda.

Here’s your proof:

https://www.nairaland.com/8046241/fact-checking-numbers-cbns-announcement
So u don't want the economy to get better again because ur kinsman is not the president. The economy will keep on improving by God grace and we will see it's goodness on every Nigerian. All of u guys shall be put to shame soon by God grace

4 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Adeoye11(m): 7:40am On Mar 30
clarocuzioo:
The irony now is that price of goods are not depreciating. Nigerian economy defiles all known economic laws.

This is the major news that should have broken the camel's back
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by chucks185: 7:41am On Mar 30
[quote author=WeddingParol post=129177663]Those praying for Nigeria to fail will not like this news.

All their states are filled with corruptions and non performing politicians but they careless about that.

They filled all the social media platforms with hate and negative narratives about Nigeria
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Angelfrost(m): 7:42am On Mar 30
Richtaiwo:
The set of enemies working out their assses to see Nigeria doesn't get out of the woods will sure be in pains. Some of the devils said the exchange rate will be 3000/$ before the end of March. All because Nigerians rejected their packaged fraud. Some of them are doing useless fact check over what is in public domain. They say it is propaganda and I ask, how can something that is visible to blind and audible to the deaf be propaganda again.

A lot of you need to learn to channel emotions appropriately...!

Those praying and wishing evil upon Nigeria have absolutely no influence upon what happens to the Nigerian economy, neither do those who wish the nation well.

Wishes are not horses... If they were, there will be no poor person in the universe.

With the way Naira was free falling due to so many issues, it wasn't out of place to speculate that it would be headed down from 1880 to over 2000.

That's like speculating and saying that Man City leading Sheffield United 2 Nil in early first half will lead the game to end in 6 Nil.

It is now up to Sheffield to change the narrative by putting in the work... Same way whatever happens to the nation's economy is largely down to the economic policies and actions taken by those directly in charge of the nation.


Gaslighting people as enemies of the nation in everything will only create a smokescreen and a cover for poor leaders to hide under.


Nigeria has had detractors among her citizens since Independence, same as America, UK, and several other nations.

Are they the reason we became the second most corrupt nation on Earth?!!
Are these enemies the reasons we have poor electricity supply and security?!!
Are they the reason for having a rubber-stamped Senate?!!

2 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by xavuv: 7:43am On Mar 30
This is contrary to what i obtained online. I smell lies

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Christian36: 7:43am On Mar 30
WeddingParol:
Those praying for Nigeria to fail will not like this news.

All their states are filled with corruptions and non performing politicians but they careless about that.

They filled all the social media platforms with hate and negative narratives about Nigeria 🇳🇬 publicly praying for the country leadership to fail.

Don't worry, you will all reap what you sow.
When people complain about bad leadership or bad process of doing things in a country, that doesn't makes them enemies of the country, you guys should just stop this nonsense anytime naira appreciate, you should be ashamed of saying things like this. If Nigeria has been on the right path, dollar wouldn't have cross #200.

1 Like

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by SmartyPants(m): 7:44am On Mar 30
socialmediaman:
This government is full of propaganda.

Here’s your proof:

https://www.nairaland.com/8046241/fact-checking-numbers-cbns-announcement

So how does what you've posted in that thread now negate the assertion that naira has appreciated to $1280 at the parrallel market?

4 Likes

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by JoshTim: 7:45am On Mar 30
socialmediaman:
This government is full of propaganda.

Here’s your proof:

https://www.nairaland.com/8046241/fact-checking-numbers-cbns-announcement

Where is the propaganda. Enemy of progress. Infact, it is 1243 this morning.

5 Likes

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by emerged01(m): 7:46am On Mar 30
nakaman:
I guess it's time to buy, traders advise me
naira is appreciating because supply of dollar is higher than the demand. You are here thinking of how to hoard the supply to create artificial scarcity and also to deprive those that need it for business transaction.

4 Likes

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by YourKarma: 7:47am On Mar 30
Johnjustice:

It will be great, you can go hide in your dot Biafran republic. Take your mouth off Nigeria business, you are not Nigerian.

Look around you, other African countries have left you behind. Since your independence in 1960 your country has been retrogressing and you daft dolts keep accelerating that process by voting useless people into power.
Yorubas and Hausa has been ruling this country into the pits. You should be ashamed
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by JoshTim: 7:47am On Mar 30
SpecialAdviser:
The prices of goods which is a direct effect of naira depreciation are still high. Yet his useless supporters are celebrating shit.
BIG SHAME

It will take time before food prices come down. Understand simple economics. The recovery rate of prices Is slower than the recovery rate of naira because inventory stock up at the old prices will have to be sold first based on First in First out basis.

7 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by YourKarma: 7:48am On Mar 30
Basic123:

Why not 20naira when PDP took over power...Or 4naira during ABACHA regime.

Mumu
The useless APC you daft dolts support said #216 to $1 was too and you fools cheered them on, remember?
Now you want me to celebrate #1340 to $1?
Not everyone can be as low-brained as y'all

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Johnjustice: 7:49am On Mar 30
YourKarma:


Look around you, other African countries have left you behind. Since your independence in 1960 your country has been retrogressing and you daft dolts keep accelerating that process by voting useless people into power.
Yorubas and Hausa has been ruling this country into the pits. You should be ashamed
It is Igbos pushing Nigeria backwards, Nigeria is moving forward it is ipob land and Northern Nigeria that is killing themselves. Continue killing yourselves in the dot, you can go and hide in there, stop parabulating everywhere like refugees and scums.

4 Likes 2 Shares

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Dalohad: 7:50am On Mar 30
We shall see how far the overdose of media propaganda aimed social engineering of the minds of Nigerians would go. grin grin
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by SpecialAdviser(m): 7:50am On Mar 30
JoshTim:


It will take time before food prices come down. Understand simple economics. The recovery rate of prices Is slower than the recovery rate of naira because inventory stock up at the old prices will have to be sold first based on First in First out basis.
Don't think it will be worth celebrating when the prices of those goods come down?
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Toluwanise247(m): 7:53am On Mar 30
Hez143:

where's the propaganda
you guys are something else.
You have time to reply some like him.

4 Likes

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Keegan: 7:54am On Mar 30
Johnjustice:

Dollar is for importers not me, you stupid hoarders will loose, aboki won't buy from you when banks sell cheaper... idiot... importers won't buy from aboki if banks sell cheaper. Clown

Don't give them the expo. Let them hold on to their dollars. They are confused risk takers, they don't know what to do either to sell now or to hold on. Trading Places comes to mind.

4 Likes 1 Share

Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by Chicagograduate(m): 7:56am On Mar 30
Is this on paper or in reality?Let it çome down to ₦100 to a dollar.
Re: Naira Appreciates To ₦‎1,280/$ At Parallel Market by oxygenlove(m): 7:58am On Mar 30
vowiski:
Lol,

Oshiomole style of leadership as NLC chairman.

They both know fuel will increase by N5. Government Increase fuel by N10. Everyone shouts and Oshiomole jumps round the Country.

Fuel reduces by N5. The original plan of the government, Masses say Fuel has reduced and Oshiomole try oooo.

Tinubu increases exchange rate to N1880. They know the economy is N1300-1400.

They bring it down to N1300-1400. Masses scream, Naira is appreciating.

I am forced to ask; Naira is appreciating from where ? Where did the present government meet it?


You can see the smoke and screen? cheesy
if going by this your logic ehn!! Then every past presidents of Nigeria should have left naira at the value they met it...

4 Likes 3 Shares

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