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Nairaland Forum / Nairaland / General / Business / Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension (35316 Views)
Naira Plunges To N1,900, Rebounds To N1,354 Then Dips To N1,700/$ / FOREX Crisis: Naira Plunges To 1,025/$, Job Losses, Factory Shutdown Loom / Naira Plunges To N472/$ As Forex Scarcity Worsens (2) (3) (4)
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Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by SpecialAdviser(m): 8:22pm On Sep 20, 2021 |
InHeaven:Most of you kids don't know governance. Shame 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Mrkumareze(m): 8:22pm On Sep 20, 2021 |
SpecialAdviser: Banditry is doing well oga 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by ken6488(m): 8:22pm On Sep 20, 2021 |
Angelfrost: Point of correction My state/region doesn't support this government Two times we voted against the failure 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by maste: 8:22pm On Sep 20, 2021 |
Buhari is a failure. Emefiele is a failure. Nigeria will survive them. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by system21: 8:23pm On Sep 20, 2021 |
Can somebody tell me one thing working well under Buhari government just one thing |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by SpecialAdviser(m): 8:23pm On Sep 20, 2021 |
Mrkumareze: |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by nedekid: 8:23pm On Sep 20, 2021 |
scrolldown88:Bros, you said it all. Do you know when I entered UI, with 50kobo, I would buy in teddar hall bursery, 1 moimoi, 1 coke and a loaf of bread. That was our staple food. Few years later in the same UI, I storied my then gf, and got $100 (she had some), I quickly left her, ran to Sabo and changed it for ₦5k to go chase some other girl Fuel was 60kobo per liter and when Abacha came to power and changed it to 3.25 or so, the whole country went up in riots. Most of these people as you said don't know who bad things have become right now and getting worse. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Yusufisraelj(m): 8:25pm On Sep 20, 2021 |
SocialJustice: My guy if you understand what's happening ehhh you go turn BDC, the "brokest" of them makes around 11K per day, that's over 200K per month. This thing you see is very deep. Time would fail me to explain. But there's more to this thing than meets the eye. Emiefele is right on this fight, sincerely speaking. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by easiest(m): 8:25pm On Sep 20, 2021 |
This Emefiele man is failure but still affiliate his incompetent to things like crypto currency trading and aboki fx yet things still keep falling apart for him. Keep it up mumu man 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by InHeaven(m): 8:25pm On Sep 20, 2021 |
What an insolence SpecialAdviser: |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Ameboperoo(m): 8:27pm On Sep 20, 2021 |
scrolldown88:Help me tell the Zombies o |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by SpecialAdviser(m): 8:28pm On Sep 20, 2021 |
InHeaven: You that said STFU was doing solution abi. Lol |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by jimmyolasun: 8:29pm On Sep 20, 2021 |
FashionCookie: So the benefits money I requested for and about to get did not get you?
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Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by hosemujica: 8:30pm On Sep 20, 2021 |
PUSSYHOE:Dont' respond to that guy he is typical black man " blame everyone else but me "attitude. |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Angelfrost(m): 8:32pm On Sep 20, 2021 |
ken6488: Your state/region has individuals blessed with commonsense, foresight, and true leadership... Sadly, the set of Nigerians with the above virtues is less than a tenth of the actual voting population. So, hope is far from the horizon!!! 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by BigBashiru: 8:34pm On Sep 20, 2021 |
InHeaven: don't mind all of them that blame buhari for everything |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Joyceaile(f): 8:36pm On Sep 20, 2021 |
It will soon hit a thousand |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Nobody: 8:36pm On Sep 20, 2021 |
I was considering exchanging my dollars tomorrow. Seems I'll have to wait till naira equals #1000. Going by the current pace, Buhari will finally equal $1 to #1... That was his vision, and we supported him. What do you expect from a man that never saw the four walls of school? Let's give him two months, then we exchange! I only pity those who earn in Naira. We'll survive... 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by samwash(m): 8:37pm On Sep 20, 2021 |
Na wa ooo!!! Those importing, as the $ going up almost on a daily basis, how do they cope? Bad market !!! 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by balladin: 8:39pm On Sep 20, 2021 |
When they were busy printing money, they didn't know the consequences. They are busy looking to hang it on a scapegoat 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by akeeng: 8:40pm On Sep 20, 2021 |
SpecialAdviser:Banditry 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by KingCold: 8:40pm On Sep 20, 2021 |
PUSSYHOE:Why is this sentiment always raised by Nigerians primarily? self hate maybe? 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by wink2015(m): 8:44pm On Sep 20, 2021 |
Allow moderate yahoo boys to pump in money to your economy. President Muhammadu Buhari kicked against the existence of these acts calling the Yahoo boys miscreant. You use Efcc to be chasing them you think borrowing will save the economy. These yahoo boys are now building the economy of UAE, Cyprus, Malaysia, Turkey, and Qatar. It is the Nigerian leadership that is at a loss. If drastic economic measure that will shore up investment in Nigeria is not put in place the American Dollars will continue to rise against the Nigeria naira with the federal government less capable to stop the free fall of the Nigerian naira. Nigeria is getting to a situation where 1000 Nigeria naira will soon be exchange for $1 Not to talk of GBP of Britain and Euro for the European union NORTHERNERs knows nothing about the economy. Na scatter scatter them Sabi. Allow the youth to bring in dirty money into the economy. At least for some few years then watch the difference in terms of economic growth. Classroom economic theory can not save Nigeria. Many of Nigeria yahoo boys have relocated to ghana, Kenya, and Tanzania because of the senseless federal government harrasement using the security agency. How your economy no go fall? Ghana 's economy is far better than that of Nigeria because they open up their economy. Twitter and crypto currency that could bring in foreign exchange into Nigeria remain banned by President Buhari ' authocratic government. |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Eriokanmi: 8:44pm On Sep 20, 2021 |
Useless emefiele. Abi na aboki fx still cause am? They knew this would happen and they knew abokifx.com would expose them by posting it so, they quickly attacked the website so that the would-be investors or outside world wouldn't notice their shady act. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by amaham(m): 8:46pm On Sep 20, 2021 |
I got #535 to a dollar at market road, aba today oo. I don't know where una dey get una exchange rate 1 Like 1 Share |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Eriokanmi: 8:49pm On Sep 20, 2021 |
GeneralPula:I don't think so except they don't go to the same market. Those sending money home from overseas for building or any other form of investment back home go hear am pass. Do you know the cost of building materials now or would they also send all the building materials home without clearing them at port? My cousin sending 300 usd home monthly for upkeep is complaining because what his family used to buy for 300usd can't be bought by 400usd anymore. Except his family wouldn't eat again or Children wouldn't go to school would he not increase or double that money. Don't forget that wages aren't increasing at his place of work in Yankee...same every every week. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by PGKing1(m): 8:49pm On Sep 20, 2021 |
I changed for 558 on Saturday 18th in Ikrd.. #1 plug for Original Backwoods check my sig |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by rontolo(m): 8:50pm On Sep 20, 2021 |
Banning AbokiFX puts more pressure on the naira due to the information asymmetry this creates. Markets consider such controls anathema to transparent price discovery. Counter productive. Our leaders have run out of ideas. |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by balladin: 8:52pm On Sep 20, 2021 |
Yusufisraelj:If you have information please share it. I don't understand why time would fail you to provide some insight. CBN has been clutching at straws desperately lately to even understand the problem. From the naira for dollar incentive, now this. Didn't they know about Abokifx all these years? Or they simply didn't know about the activities of BDCs? I'm desperate to hear what you have to say about these very deep things that were going on. This same CBN has been reported to be printing naira. What was the expected consequence? Please tell us more. 1 Like |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by poiZon: 8:52pm On Sep 20, 2021 |
My mind dey tell me say if buhari fit challenge abokifx to a physical bout, naira fit gain. If to say abokifx been accept emefiele challenge, who knows naira for don gain small, d fear fear afonja run. Buhari please do the needful o... We r in support of u oooo |
Re: Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension by Tecno66: 8:53pm On Sep 20, 2021 |
vibre:Who we offend? Who do us this thing? |
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