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Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market (35726 Views)

Filling Stations Slash Petrol Pump Price As Naira Appreciates To 7-Month High / Petrol Price Jumps To ₦‎350/ltr As Queues Return / At $43.507bn, External Reserves Hit Five-month High (2) (3) (4)

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Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by garfield1: 3:02pm On Apr 11
Metordman:
up Tinubu @ 1,200. U need mental Evaluation

Your folks need it more

4 Likes 1 Share

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Ijaya123: 3:03pm On Apr 11
StPete:


Use the internet, research, you don't have a phone for fancy. I am not your school teacher

Such arrogant display of ignorance.

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Etuagievin(m): 3:05pm On Apr 11
We want it back to where he met it.

2 Likes

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by garfield1: 3:07pm On Apr 11
Eriokanmi:
Nothing is up yet. They caused the mess, from 702 where buhari left it to almost 1,800. Let them bring it down to below 702 then, you can say up them. Stop being a psychophant. A lot of people have died cos of the blunder tinubu committed. Many lives can never be the same again

What he accused buhari and emefiele of( rescuing naira with the dollar) is what he ended up embracing. That's not commonsense

Which mess? From obj to gej,everybody depreciated naira and prices.nobody ever made it appreciate.gej took it from 120-250.as it stands,it will be 700 before december.for the first time,parallel market is lower than official market.up tinubu.
Tinubu is defending the naira sensibly not foolishly like emefiele

7 Likes 1 Share

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Noblemanonpoint: 3:08pm On Apr 11
t2luv1:


Be careful what you wish for? Do you know that there are more dollars in circulation in the rest of the world than the actual amount within the USA. Dollar is the most trusted currency in the world, why? because it is backed by the full faith of the US government. Even China, and Russia maintain their reserves in Dollar. Enough said.

All countries are using the dollar as reserve because they made an agreement. It's white man trick to keep their Economy strong.
Some countries aren't comfortable with that mainly China and Russia, and that a reason why the BRICS was introduced to break the hegemony of the USA through the dollars.

Africa would have been the greatest continent in the world if we had our currency backed by the vast natural resources in the land. Gaddafi tried to do it that was why he was eliminated.

USA as a reserve for trade all over the world is just systematic slavery. Down with that crap.

2 Likes 1 Share

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Came4amod: 3:08pm On Apr 11
Ecstasy154:


https://businessday.ng/business-economy/article/naira-jumps-to-8-month-high-of-1120-as-dollars-flood-black-market/
Abado is working 😂. The corn is one of the most scientific advanced and simple form of
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by achimendy(m): 3:20pm On Apr 11
Throwback:
Good!

We must kick Dollars out of the streets of Nigeria.

Only a foolish country will allow a foreign currency determine the price of local value exchange.



Exactly
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Chukwuka319(m): 3:22pm On Apr 11
God bless President Tinubu as he is working to bring Nigeria back to the era of progress.
The positive progress of the Naira in the Forex market is increasing and that's a sign of a greater good to come.

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Wellness77: 3:25pm On Apr 11
APC, you people met dollars at N460 and now you are celebrating that it "has fallen" to N1,120. You should be ashamed of yourselves. It is not even N1,120 as they claim, check Google and confirm... dollar is N1,242 right now. To those of you who say Google is lying... Google cannot lie. It's the same Google we use to do our assignment in school and to find home remedies for diabetes, stroke and the likes

2 Likes 2 Shares

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by callmenazarene: 3:30pm On Apr 11
No call for celebration yet. We are still watching

2 Likes

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by porthouse7(f): 3:40pm On Apr 11
Wizpa:
Now we have gotten used to Dollar being N1000, isn't that pathetic... Dollar that used to be N180 when GEJ was president...

Nigerians, una never ready!
dollar was 28naira to dollar during abacha regime, does it make abacha better than Jonathan

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Bwilliam(m): 3:41pm On Apr 11
Somebody should help me tell Arewa people's congress that they met dollar at 245 Naira before they wrestled power from Jonathan with threats of violence and destruction.
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Omoboricash(m): 3:45pm On Apr 11
Throwback:


Rufai Oseni, na u be that?
Rufai Oseni gangs. They always see dooms
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Paramount01(m): 3:45pm On Apr 11
cucumbar:
Olodo. Was it 65-67k before these people you are supporting entered?

Im sure you can’t even afford a bag of rice at that amount you are quoting sef.


Lolz. Poverty is a disease, I am not fight if I can afford it, I just inform you since you said you can't see the effect of dollar
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by ceejayluv(m): 3:45pm On Apr 11
Eriokanmi:
Nothing is up yet. They caused the mess, from 702 where buhari left it to almost 1,800. Let them bring it down to below 702 then, you can say up them. Stop being a psychophant. A lot of people have died cos of the blunder tinubu committed. Many lives can never be the same again

What he accused buhari and emefiele of( rescuing naira with the dollar) is what he ended up embracing. That's not commonsense
They should bring it down to ₦220 where APC met it in 2015

2 Likes

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by uniquelyspecial(m): 3:46pm On Apr 11
KillIgbohoN0W:


For having the greatest ever exchange rate vs the dollar.
I don't know how some people reason. So subjective in their judgements
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by uniquelyspecial(m): 3:48pm On Apr 11
ZombieDetective:
grin Return dollar to #216 before I applaud anybody
We can't even applause them at #216 where it was. It has to be lower

2 Likes

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Yong4ever: 3:51pm On Apr 11

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by darediamond(m): 3:52pm On Apr 11
Elonmuzk:
When the reserve gets depleted, where are they going to get dollars to flood the market? 🤔🤔

grin grin grin grin grin grin grin grin

Oya oo, Agbadorians, Answer ooo!!

2 Likes

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by SmartyPants(m): 3:55pm On Apr 11
vowiski:
Next week dollar will rise back , after the holiday

These are cosmetic solutions ..

Even a Pry 6 can do what CBN is doing at the moment .

I don’t know why many Nigerians are dumb..

Is this not the same thing EMIFELIE did?

The demand for dollar is low now because of government policy somersault.. once people start requesting for dollar , things will go south.


People who do business with dollar are still observing, it won’t be long before they start trading with dollar and the demand Increases.

If we don’t consume what we produce , we are going nowhere ..

Small rain, this cosmetic solution go wash off like Bobrisky face


Request for dollars to do what? 60% of dollar demand was for non productive uses. These channels have been severley undermined but when you don't understand the basics of evonomics how will you grasp this? Nigeria has a trade surplus - do you understand what this means? In addition to billions in diaspora remmittances. Let the small rain come let's see.
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by StPete: 4:11pm On Apr 11
Ijaya123:


Such arrogant display of ignorance.

Don't you have any more foods to post that you bought at ridiculous rates?
Run along boy, I am not of your age grade to be trading words with you.

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by phemray(m): 4:12pm On Apr 11
KillIgbohoN0W:


For having the greatest ever exchange rate vs the dollar.


Nigerians?
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Chicagograduate(m): 4:13pm On Apr 11
Chukwuka319:
God bless President Tinubu as he is working to bring Nigeria back to the era of progress.
The positive progress of the Naira in the Forex market is increasing and that's a sign of a greater good to come.
on paper

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Khyrvxjzy: 4:23pm On Apr 11
iichidodo:
If Tinubu can get the Dollar down to #300 and make it stable, then 2nd term is sure....

tinubu dont need your vote
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by zinaunreal(m): 4:24pm On Apr 11
Tinubu fix the naira this is not how you met it .
Una dey happy for this fake solution?

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Hammylawali: 4:29pm On Apr 11
LibertyRep:
Ok, good job. Keep the momentum.

We need it back to around where it was met.

We need it bellow where it was met.. that’s a positive indicator that our economy is strongly bouncing back to life..

1 Like

Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Ijaya123: 4:29pm On Apr 11
StPete:


Don't you have any more foods to post that you bought at ridiculous rates?
Run along boy, I am not of your age grade to be trading words with you.

If you’re hungry, do say so. I will buy food for you at ridiculous rate and send to your location.
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by 4ward4: 4:31pm On Apr 11
KillIgbohoN0W:


For having the greatest ever exchange rate vs the dollar.

It would have been worst ,so appreciate his effort .
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Hotice085: 4:36pm On Apr 11
dibunotion:
Keep your dollar.
It will spike to 2k by December


Mumu man the next 4 years dollar no go pass 700 naira Betta sell ya dollars now
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by NaijaCrusader: 4:38pm On Apr 11
ZombieDetective:
grin Return dollar to #216 before I applaud anybody

Let them even return it to the #750 that Buhari left it

1 Like

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