Oilwell's Posts
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@ lexylaw40kuti you no get work oh. once in a while you will go and type something so the tread will surface. Joblessness at its peak. |
May God have mercy |
FreeStuffsNG:A little patience for the suffering masses. While Tinubu is in France spending in Euros(€). Abi he is spending in Naira over there? |
The prices of goods and services will skyrocket like never seen before. |
The federal government, through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N952 per dollar to N1.356 per dollar. The government in November 2023 raised the exchange rate for cargo clearance from N757 per dollar to N783 per dollar, representing a 3.4 per cent increase. Barely one month later, it raised it from N783/$ to N952/$ in December. Now, it has been raised again from N952 per dollar to N1.356 per dollar. The Nigeria Customs Service has started using the new rate in its dealings. A member of the Association of Nigerian Licensed Customs Agents, Remilekun Sikiru, in a chat with Punch, decried the increase. Sikiru said, “How do we explain this? From N952/$ to N1.4/$ as of Friday morning with about N404 increase? "It’s quite unfortunate that the prices of goods and commodities will automatically increase. Importation would further decrease and depreciate, vehicle prices would skyrocket again. “Since this unification of a thing, the government has refused to look inward and critically into the maritime industry as regards importation and exportation." He lamented that the sector had been neglected and things were getting worse by the day. "The question now is, how would freight forwarders and customs brokers agents cope with this new rate?” Also speaking, an agent, Ben Anya, said that they woke up to the new rate, “which was before now set at N951 per dollar.” Anya explained that with the latest increase in the exchange rate, the cost of clearing would increase. “And this would also affect the cost of goods in the market. It would also lead to a drop in importation,” he said. https://www.lindaikejisblog.com/2024/2/fg-raises-exchange-rate-for-cargo-clearance-from-n952-to-n1356-2.html https://punchng.com/just-in-fg-raises-exchange-rate-for-cargo-clearance-to-n1356/?utm_source=telegram&utm_medium=social |
Dangote refinery was not conceived for commercial activities . It is an SPV for money........... I am a senior manager in the project. If you know you know. |
Birdbyrde440: If it goes down to $900. we will even buy more because like Garri it will surely rise again. When nepotism and tribalism is the order of the day of any government, you can easily predict the economy. |
Birdbyrde440:My position is stack up enough dollars and invest in landed properties. A government way no fit control the regular market na black market them fit control? One may have the political structure to win elections but does he have the Economic structure to handle the economy? |
Birdbyrde440:
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Its either you are dull or you are a type of person that sees the truth and looks the other way( A hypocrite).
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wediehere1:Agbado Daughter for UK no be gay queen, sleeps with even cats
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Dollar is > N1450 and children of perdition wey never chop are talking of Peter Obi's Son. Its not by my turn oh, Its character, discipline and what you can do. Appointing square pegs in round holes. |
Dollar is > N1450 and children of perdition wey never chop are talking of Peter Obi's Son. Its not by my turn oh, Its character, discipline and what you can do. Appointing square pegs in round holes.
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Dollar is > N1400 and children of perdition wey never chop are talking if Peter Obi. |
It is well |
By Elizabeth Adegbesan The naira yesterday depreciated to N1,250 per dollar in the parallel market from N1, 240 per dollar last weekend. Similarly, the naira yesterday depreciated to N988.46 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N988.46 per dollar from N907.11 per dollar last Friday, indicating N81.35 depreciation for the naira. Consequently, the gap between the official and parallel market exchange rates narrowed to N261.54 per dollar yesterday from N332.89 per dollar last week Friday. https://www.vanguardngr.com/2024/01/naira-depreciates-to-n1250-in-parallel-market/ |
Peter Obi appointed a minister who is not aware that you make provisions for December Salary and pay workers before Christmas. Peter you no try for this one oh. |
May God bless you Dikeora. |
Lastmankc:Amen for that werey |
Na who sponsor the person in the red box below
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My Ex colleague that works with montego now one of the indigineous contractors on that project informed me last month that by June 2024, the PH refinery will not be ready. We both stay in PH |
NDI Eri ri Eri. I dey see una doings as per N30K monthly |
The Nigerian currency, the Naira, rose to 1140 on the Parallel market on Thursday, November 16 even as inflation soars to its highest record in two decades. On Wednesday, the country’s currency maintained relative stability as it traded at N1120 against the Dollar on, the same rate quoted on Tuesday. The development comes as the National Bureau of Statistics’ latest Consumer Price Index data puts the October inflation rate at 27.33 per cent from 26.72 per cent in September. The latest inflation rate in Nigeria represents the highest in two decades. https://www.lindaikejisblog.com/2023/11/naira-goes-up-to-1140-against-us-dollar-at-parallel-market-as-inflation-soars-to-highest-in-two-decades-2.html |
The Nigerian currency, the Naira, rose to 1140 on the Parallel market on Thursday, November 16 even as inflation soars to its highest record in two decades. On Wednesday, the country’s currency maintained relative stability as it traded at N1120 against the Dollar on, the same rate quoted on Tuesday. The development comes as the National Bureau of Statistics’ latest Consumer Price Index data puts the October inflation rate at 27.33 per cent from 26.72 per cent in September. The latest inflation rate in Nigeria represents the highest in two decades. https://www.lindaikejisblog.com/2023/11/naira-goes-up-to-1140-against-us-dollar-at-parallel-market-as-inflation-soars-to-highest-in-two-decades-2.html |
Naija no be Lagos las las |
Bliss24:Helinues Welcome Bro on your new moniker. |
BREAKING NEWS: Military coup in the Congo at this time.The country's president is in New York, the military is taking control of key facilities in the capital. Its getting closer |