Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,461 members, 7,850,613 topics. Date: Wednesday, 05 June 2024 at 05:52 AM |
Nairaland Forum / Nairaland / General / Business / EFCC Raids Speculators As Naira Drops To $1,520/$ (15678 Views)
Naira Drops At Parallel Market, Closes 900/$ At Official Window / BDC Operators Caution Currency Speculators As Naira Strengthens Further / FG Moves To Digitise FX Transactions To Punish Naira Speculators (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by keymatt(m): 11:53am On May 15 |
This agbadorian regime is completely empty 4 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by omoadeleye(m): 11:53am On May 15 |
They should stop selling to BDC then |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by flyinnizam(m): 11:53am On May 15 |
hmm |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by gbengene1234(m): 11:54am On May 15 |
We keep hoping the Naira will appreciate against dollar but the opposite is what we keep seeing. Price of goods are going up again and it won't come down is 2 months time even it the Naira appreciates again. Does anyone in this country knows the actual way to solve the Naira o dollar issue? Enough of all this floating, intimidation and fixed prices 2 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Oneday82: 11:57am On May 15 |
I would have made headlines over my boldness and comfrontation I had with an EFCC official in Wuse Zone 4. So it is now a crime to do free FX in my country? Like I can buy FX to dou business in peace. If they like, let the Dollar 💰 reached 3k, we go buy, na all Nigerians go suffer am. Tinubu is big mistake and like one man said that anything that will make us miss Buhari will be the worse. Today, you can freely change your FX and the battery is making it worse. You can't access it from there and all EFCC official can do is going about arresting people.... My question is for how long? 3 Likes 2 Shares |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Yankee101: 11:57am On May 15 |
No be by raid |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by winterfell007(m): 11:58am On May 15 |
You can't keep raiding BDC for speculating on the currency. It's up to you as the government to work on boosting our forex reserves, this will be cut off any speculation on the exchange rate. 6 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Ebeano49(m): 11:58am On May 15 |
Last last, the person wey build Lagos don scatter Nigeria 4 Likes 1 Share |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Omoapena(m): 11:59am On May 15 |
At this point, I'm not sure if dollar is ever coming down 3 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Ediffizy: 12:04pm On May 15 |
The real speculators are politicians/alhajis and not those BDC..people that carry dollars in large quantities hoard it/ sell at the slightest fall of naira.. 1 Like |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Jagabanarmy: 12:05pm On May 15 |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Ediffizy: 12:07pm On May 15 |
Omoapena: It isn't coming down any time sooner..by December it will increase 2000/dollar 1 Like |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by DryMouth: 12:09pm On May 15 |
Throwback:Mugu. Exporters and foreigners full Nigeria. They use that account to send money to different countries. 3 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by emmaitive(m): 12:10pm On May 15 |
TotoIsGud4boy:tiefnubu zombie spotted 3 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by omoredia: 12:13pm On May 15 |
Cardoso has school cert in economics. Truth be told |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Procashtips(m): 12:14pm On May 15 |
Amigoss: Kerekere otenwen |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by TableLeg(m): 12:17pm On May 15 |
Smh. CBN, when will you people learn? Fu...cking dunderheads! |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by appini: 12:17pm On May 15 |
Once it hits 2k per a dollar. I don enter Dangote level be dat. Straight!!! 1 Like |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by rinzaugustine: 12:18pm On May 15 |
Everything obidients have said would happen to Nigeria if tinubu enters power have all come to reality A-Z but not within 4 years as they thought but in less than one year. Before tinubu I never believed anybody would ever be worse than buhari but Tinubu have not only proved all of us wrong but affirmed our belief strongly that Peter Obi will make Nigeria a better place and put the country on world map of great nations 5 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Chicentt(f): 12:20pm On May 15 |
Tilumbu on the beat 2 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by iLegendd(m): 12:22pm On May 15 |
If they want the Naira to appreciate, the next thing to ban is electricity and water. People are drinking too much water and enjoying constant light, hence it's affecting the Naira. I thought after banning AbokiFX, Binance and co. we'll magically be enjoying 1/$. 9 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by rinzaugustine: 12:27pm On May 15 |
I hope they don’t descend to level of banning and arresting market women selling Agbado and ewedu for driving up forex. Failures will soon start blaming Peter Obi…this is a man the people who hate Nigeria but turned emergency lovers of Nigeria due to tribalism said he built Lagos , better than Peter Obi, will assemble technocrats to fix Nigeria…sm 2 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Amayabor1: 12:28pm On May 15 |
TotoIsGud4boy: Lol. Said so much without saying anything. We shouldn't blame this administration for the weak naira? But Emilokan advised the Buhari administration to print more naira. Emilokan supported the last administration. You yorubas supported the last administration (even when Fulani herdsmen were killing you people and displacing your kinsmen to Benin republic as refugees).. When people complained that Buhari was killing this, country, you people called them Wailers. Now, you are wailing! 🥲. So, we should blame the current state of the naira on the last administration that you yorubas actively supported twice to win an election? Lol When are guys going to come out to protest like you did under GEJ? So what is weakening the naira? Aboki forex? Binance? Cryptocurrency? Bureau de change operators? Lol. 🤡. PS: I am not Igbo o. I'm from the SS. Before you make it about tribe and leave the matter on ground 6 Likes
|
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by wonlasewonimi: 12:30pm On May 15 |
Riosystem: I'm afraid we can't do that with 2300 megawatts of electricity. Talk about being in deep shiit 1 Like |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by rinzaugustine: 12:31pm On May 15 |
TotoIsGud4boy:trash 2 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by ccrenda5540: 12:32pm On May 15 |
Eradicate the bdc |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Arijude(m): 12:36pm On May 15 |
Lol dead country ruled by a dead man. |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by obaidan: 12:43pm On May 15 |
I thought it was binance and crypto traders that crashed the dollar the other day...this govt be chasing shadows. |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by Geovanni412(m): 12:44pm On May 15 |
Racoon: Why do they always have to wait before they raid these guys? It's as if someone is making money off these rapid peaks and troughs of the naira They didn't raid after it got to 1,200 . Rather, they waited till it got to 1,500. 2 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by fineboynl(m): 12:46pm On May 15 |
Throwback:you are a fool. Is it today Nigerians starts having foreign currencies account? Another blame now is domiciliary account? 3 Likes |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by theredaddy: 12:46pm On May 15 |
DaddyCoool: Did you just compare wall street to aboki hawking dollar at sabo they aint the same naw what you don't know ask or study on it wall street trade virtually they don't handle dollar/cash physically, what you will never find abroad is some people hawking foreign currency on the street |
Re: EFCC Raids Speculators As Naira Drops To $1,520/$ by obaidan: 12:48pm On May 15 |
Ediffizy:U can say that again. Demand surges between now and october...need to pay tuition, the sun is out in Western countries nigerians want to go on summer vacation, the ones that believe medical check up abroad is the way will prefer to go now |
How Do I Own A Us Virtual Address In Nigeria? / CBN Pegs Minimum Capital Base For Banks At ₦‎500 Billion / Eight Banks Lose N1.9bn To Fraud In One Year
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 33 |