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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To N1,540/$ In Parallel Market (7500 Views)
Naira Depreciates To N1,305/$ In Parallel Market / Naira Depreciates To ₦1,300/$ In Official Market / Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens (2) (3) (4)
Re: Naira Depreciates To N1,540/$ In Parallel Market by condensedmilk: 9:54am On May 17 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by emmanuelbrown26: 9:57am On May 17 |
Horbar1:Prayer is for those without ambition and lost of ideals 1 Like 1 Share |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Racoon(m): 9:58am On May 17 |
Here we are back to the reality the have been denying. Stupid clueless people in government 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Franklyspeakin: 9:58am On May 17 |
chaiiii are Agbadorians not praying enough anymore 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Brushstrokes20: 9:59am On May 17 |
eBOLA is back on rampage 🔊🔊🔊💯💯 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Amayabor1: 10:01am On May 17 |
Who are they arresting this time? 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Focusmind: 10:14am On May 17 |
What is happening, bikonu? Just as we thought that the naira was having the best run in weeks. Transacting in foreign currency now is becoming more extremely expensive. Imagine those that bought dollars at N1100/$ early last month. They would have cleaned out big time at this current rate. This is the reason why people would continue to trade in currency. It seems more profitable than running a business Someone that bought $20000 at N1100/$ makes a profit of N8.8m just within six weeks if he decides to sell the dollar at N1540/$. I hope there is no government hand in the manipulation of this currency rate. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by alabo1: 10:17am On May 17 |
Righthussle: The issue is why we have a parallel market in the first place. This was done for the Cabals. IBB is to blame |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Kay25(m): 10:19am On May 17 |
BossGerald:What's ur headache |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Kay25(m): 10:21am On May 17 |
The real value of naira unfolding...if u want it down 👇 den follow the grow the naira initiatives.how can we be subsiding with one thousand plus and u expect Nigeria not to go the way greece?too many of us are shallow thinkers who looks at now rather than the future |
Re: Naira Depreciates To N1,540/$ In Parallel Market by MichaelSokoto(m): 10:21am On May 17 |
I kept my 💵 closer to my shest! f**k BATerias! 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by 77up(m): 10:23am On May 17 |
I wonder why someone will be happy whenever bad things happen. Na wa o. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by edungene7: 10:24am On May 17 |
Bacteria has taken over the economy on full gear unfortunately the clowns who support him calls Peter obi gbajue when indeed the certified gbajue is occupying the most sensitive position in government what a shame |
Re: Naira Depreciates To N1,540/$ In Parallel Market by livinbygrace: 10:31am On May 17 |
1000 NAIRA IS NOW 380 CEFA,VERY SOON,NIGERIANS WOULD NEED VISA TO ENTER BENIN REPUBLIC. 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Angelfrost(m): 10:46am On May 17 |
Almunjid: Continue looking at Obidients... Don't face those you elected into offices. Very soon y'all will run out of things to blame and ban. 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by poweredcom(m): 10:47am On May 17 |
Cant wait for it to enter 2000 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by JoeEeL(m): 10:53am On May 17 |
The bastard omokri wont say anything |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Mrfeel: 10:58am On May 17 |
Almunjid:The real enemies of Nigeria are those singing praises to bad leadership , suffering and smiling idiōts |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Everlastingson: 11:05am On May 17 |
The Dangote Refinery ( private business) wey them been dey use for cover with lies don dey buy crude from America IN DOLLARS. Ngwa, let the agbado riff raff crew take over with their twisted, spiral narrative. Tinubu and his entire cabinet are eternally CORNfused. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Everlastingson: 11:14am On May 17 |
Amayabor1: This time them go arrest the dollar itself. Emilokan don grab power . |
Re: Naira Depreciates To N1,540/$ In Parallel Market by DavidEsq(m): 11:22am On May 17 |
SyrusdeHansome:A voice note would have done justice to that song. I was singing off tune😂😂😂😂😂😂😂😂 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Everlastingson: 11:32am On May 17 |
Focusmind: You know for sure that govt is involved. For your info they are the real players in currency trading and manipulation. Forget their smokescreen. Who were those doing round tripping of the dollar? No be government? Aside arresting BDCs( so as to eliminate competition) what standard positive measure has Tinubu taken so far to improve the economy. None. Tinubu is not talking about production, nor reducing cost of governance, no stopping stealing, nor using iron fist to stop terrorist Fulani who destroy farms and kill farmers. .Look at the person he chose as minister for power, a certain Adelabu, a perfect round peg in a square hole. The only thing I see the Tinubu government focus on is to control the exchange market, where quick money comes from with little or no effort, at the expense of the economy. 2 Likes |
Re: Naira Depreciates To N1,540/$ In Parallel Market by HugoBoss10(m): 11:37am On May 17 |
Tinubulation continues
|
Re: Naira Depreciates To N1,540/$ In Parallel Market by Splashme: 11:39am On May 17 |
Laughable country . |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Blazetrailer: 11:50am On May 17 |
Correct. The so called " first class accountant" that we know never went to school decided to devalue naira without understanding the implications. It is just from one muddled up policy to another...gropping in the dark to be mildly. Nigeria will not recover from that dumb decision for next 20 years. omoredia: |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Dwightventures(m): 11:52am On May 17 |
Focusmind: The "brilliance" of hindsight. Would you put your $20,000 into the biz six weeks ago if you had it? I am smark dead centre of this scenario and I realise FROM EXPERIENCE that theory is different from practical. 1 Like |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Pennilessword1: 12:37pm On May 17 |
You see how stupid Tinunbu and his supporters are. Beatified agbodorians wouldn't even open this thread. Useless punks |
Re: Naira Depreciates To N1,540/$ In Parallel Market by BossGerald: 12:51pm On May 17 |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Almunjid(m): 1:29pm On May 17 |
Mrfeel:Dem say: Friday wey go good, na from Wednesday we go know (or predict) am. When Pāndora visit Zaria in the North which kind Borehole him do for them? That's how I know say Obi na scam. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by Almunjid(m): 1:31pm On May 17 |
Mrfeel:Emergency lovers of Nigeria. |
Re: Naira Depreciates To N1,540/$ In Parallel Market by grandstar(m): 1:48pm On May 17 |
Righthussle: The government needs a scapegoat. Pat Utomi has already called them out. |
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