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Nairaland Forum / Nairaland / General / Politics / Current Exchange Rate on Bitnob App (1098 Views)
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Current Exchange Rate on Bitnob App by Grit2943(m): 7:59am On Apr 25 |
Good morning everyone. I checked this platform, Bitnob app at 5am this morning and their sales rate was #1450/USD I just logged in now and I am seeing #1758/USD as sales rate while #1326/USD is stated as their buying rate. Update: They have reduced their sales rate to #1448/USD few minutes ago
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Re: Current Exchange Rate on Bitnob App by Beautifulday: 8:16am On Apr 25 |
na wa ooh. nah some people business be this ooh |
Re: Current Exchange Rate on Bitnob App by Paraman: 8:18am On Apr 25 |
This madness will stop when the government start jailing or killing this nuisance. 1 Like 1 Share |
Re: Current Exchange Rate on Bitnob App by helinues: 8:19am On Apr 25 |
More goats would drink pap about this currency matter. Sebi na just 300 FX accounts closed, more loading |
Re: Current Exchange Rate on Bitnob App by Grit2943(m): 8:29am On Apr 25 |
Beautifulday:It is really annoying. 1 Like |
Re: Current Exchange Rate on Bitnob App by Hoelujohn: 8:30am On Apr 25 |
What is very simple. Government should set trap from them. Get their account detail and trace them. Pick them up and lock in the DSS underground cell.just for 6 months. When the person comes back, he or she will only have time to be visiting hospital for one test or the other for at least 5 years 1 Like |
Re: Current Exchange Rate on Bitnob App by FreeStuffsNG: 8:41am On Apr 25 |
Grit2943:Money laundering things too |
Re: Current Exchange Rate on Bitnob App by NOwazobia: 8:48am On Apr 25 |
Was there anything tangible that reduced the rate from 1900 to almost 1000 before? 3 Likes |
Re: Current Exchange Rate on Bitnob App by NOwazobia: 8:49am On Apr 25 |
Dollar fall, life became harder, better it rises then. |
Re: Current Exchange Rate on Bitnob App by nedu666: 8:51am On Apr 25 |
There is nothing wrong in defending your currency. Virtually every opec or mono product economy does it but cbn prefers to act like Nigeria is different. That they can take on the Dollars in forex markets 1 Like |
Re: Current Exchange Rate on Bitnob App by onatisi(m): 8:57am On Apr 25 |
govt is just toying with your brains if you think they are doing the right thing. they knew all along that what they were doing is wrong and that by pushing out dollars won't save the naira. go and check the majority of all those who bought the cheap dollars, i am sure you will be shocked to find out that the majority of them are politicians in govt. DEFENDING THE NAIRA WITH FOREIGN RESERVES WON'T SAVE THE NAIRA, THEY KNOW IT, THE MILLION-DOLLAR QUESTION IS THEN "WHY DID THEY WASTE OVER 2 BILLION DOLLARS IN 4 WEEKS DEFENDING THE NAIRA "? Hoelujohn: 3 Likes |
Re: Current Exchange Rate on Bitnob App by onatisi(m): 9:08am On Apr 25 |
how can you say you want to bring down the fx rate when you are still importing everything you are using, from fuel to food? you have to boost production first, reduce importation and get jobs for people, reduce your dependency on importation then start defending the currency. we know that Dangote refinery is the only hope this govt is banking and waiting on, to reduce fuel importation. which is not bad but they should work and look at the agric sector, construction, aviation, power generation, and distribution, when all these facts are worked upon and the security of lives, businesses, and properties is improved, there won't even be any need to defend any naira before it picks up by itself. 1 Like |
Re: Current Exchange Rate on Bitnob App by keymatt(m): 9:44am On Apr 25 |
These agbadorians are something else 🤣🤣🤣 your naira is useless no thanks to Buhari's cow economics of printing and borrowing money mixed with Tinubu Emolikan economics and your here blaming currency speculators. Tinubu is empty in the head just like his urchinns. |
Re: Current Exchange Rate on Bitnob App by Donaldoni: 10:04am On Apr 25 |
onatisi: The largest chunk of our forex goes to fuel importation. With that off the table the Naira will rise sharply once and for all. The owner of this app should be located and shot!!! 3 Likes |
Re: Current Exchange Rate on Bitnob App by idahme(m): 10:16am On Apr 25 |
Re: Current Exchange Rate on Bitnob App by onatisi(m): 10:17am On Apr 25 |
i quite agree about the fuel importation impact on the nation's fx situation, it seems the reason the FG decided to embark on defending the naira was that Dangote refinery said they were starting PMS supply in late May, most likely the FG had planned to bring the dollar rate down to meet that period but now that Dangote refinery has said that PMS supply will only start in the last quarter of the year, it is obvious the fg can't keep defending the naira with billions of dollars till then, i won't be surprised if fx rate goes back to 1600.1700 Donaldoni: |
Re: Current Exchange Rate on Bitnob App by idahme(m): 10:19am On Apr 25 |
Donaldoni: Hope isf someone raises alarm that you allegedly stole and you are shot your family will be happy? Make Una dey think before Una spill beans , the brain no be for fancy. |
Re: Current Exchange Rate on Bitnob App by PressMyButton: 10:22am On Apr 25 |
onatisi:Keep regurgitating trash, if we asked you how they're defending naira, you'd not be able to explain it. Look at him spewing loads of bullshit with confidence. 5 Likes |
Re: Current Exchange Rate on Bitnob App by Donaldoni: 10:22am On Apr 25 |
onatisi: @bolded When did Dangote say that? 1 Like |
Re: Current Exchange Rate on Bitnob App by keymatt(m): 10:27am On Apr 25 |
Let's blame Binance!!!!!!!!!!! - Agbadorians |
Re: Current Exchange Rate on Bitnob App by PressMyButton: 10:32am On Apr 25 |
Donaldoni:They're a bunch of retards spewing what they know nothing about. 1 Like |
Re: Current Exchange Rate on Bitnob App by AcadaWriter: 11:12am On Apr 25 |
na wa ooh. nah some people business be this ooh |
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