Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,167,165 members, 7,867,385 topics. Date: Friday, 21 June 2024 at 03:04 PM |
Nairaland Forum / Nairaland / General / Business / Concerns As One Pound Trades For ₦1000 At Parallel Market (16135 Views)
Naira Declines To N1,510, N1,466.31 At Parallel, Official Markets / Concerns As Naira Emerges Worst Performing African Currency In 3 Months / Concerns As Greenville LNG Risks Another Multi-Million Dollar Lawsuit (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Sunnycliff(m): 8:56pm On Nov 06, 2022 |
Naira is gone. Buhari and APC killed the naira 1 Like 1 Share |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Nobody: 8:56pm On Nov 06, 2022 |
Well maybe I can eventually buy that house in Lekki with my small dollars.... 1 Like 1 Share |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Manson1(m): 8:56pm On Nov 06, 2022 |
Nigeria has gone to the dogs...See our live thread for our ongoing building construction project of a 3-bedroom bungalow in Oron, Akwa Ibom... Link in my signature |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Akfrenzy(m): 8:56pm On Nov 06, 2022 |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Charismatic107: 8:56pm On Nov 06, 2022 |
Okoroawusa:dundee 6 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by snowball11(m): 8:57pm On Nov 06, 2022 |
Okoroawusa: And who cares the Bleep you vote for? Idiotic bunch! 8 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by rpstar12: 8:57pm On Nov 06, 2022 |
Okoroawusa:Tomorrow when you or your grandchildren are in need medical services and can't afford or find it, don't forget the decisions you made on their behalf today. 5 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by OgaDeyVex: 8:57pm On Nov 06, 2022 |
Nawa o |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Benitoh: 8:58pm On Nov 06, 2022 |
When buhari promised that he'll equal #1 to $1, he was misunderstood. He actually meant #1000 will be equal to $1. If we're unfortunate to elect tinubu it'll be#2000 to $1. 5 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by 2blessed01(m): 8:59pm On Nov 06, 2022 |
sojayy:I swear...from TOP to BOTTOM 1 Like
|
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Otunbakayce: 9:01pm On Nov 06, 2022 |
I am only concerned about CFA having more value than Naira presently. Ogun kill anyone supporting or campaigning for APC! If you shave money buy dollars for keep now, it will get to#1000 before Christmas and #1200 before may 2023. 5 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Bakrabas: 9:01pm On Nov 06, 2022 |
I don't even understand where the problem lies ooo... Is pound our currency? The last time I checked the CBN rate for $ is not up to #500/$. Where do we get it wrong. I've $22.18 in my Trove account when I converted it I got #18,000+ Where's the problem lies exactly they should not kill us with the exchange rate tension jhor 4 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by IMMUNO1(m): 9:01pm On Nov 06, 2022 |
Whoever wins the 2023 presidential election is going to be under serious pressure. Let's not make the mistake of voting in someone that would aggravate the situation. |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by ObosiUkwalla: 9:01pm On Nov 06, 2022 |
thebosstrevor1: Fools like this will blame corruption but not the clueless buhari and his evil satanic party - the APC. Evil personified!! 6 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Enimin: 9:04pm On Nov 06, 2022 |
The Skeleton met Pound Sterling at 250 Just saying, so all the APC's dogs can be sure they won't die well. They are all Shango's meat. 5 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by faithfull18(f): 9:06pm On Nov 06, 2022 |
Jostoman:I really don't think so, same Nigerians campaigning for the same people 1 Like |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Venom11(m): 9:10pm On Nov 06, 2022 |
A penny or a naira Damn |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Khalid72(m): 9:12pm On Nov 06, 2022 |
Thinkam:to rule oduduwa abi ethnic bigot |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Nobody: 9:13pm On Nov 06, 2022 |
Let It reach N5000 first. I want to check something.. 4 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by nedekid: 9:16pm On Nov 06, 2022 |
Alwaysready: "The CBN has limited individual and companies the max amount they can accept from them." That is what will checkmate the fall of the naira. The cbn has blocked deposits to new accounts at 5m and old ones at 50m per month. All monitored by bvn. It was announced yesterday. Now all man de rush go buy dollar. When aboki buys the dollar, what will he use it to do? He cannot bank the money since he cannot do more that 50m per month. I suspect abokis will soon stop selling dollars as the naira will be Usless to them. This will make the demand for dollar fall and the exchange rate improve. What are your thoughts? 6 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Nobody: 9:16pm On Nov 06, 2022 |
ObosiUkwalla: I guess it is buhari exchanging pounds in the black market. Black market is banned in Nigeria |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by ObosiUkwalla: 9:17pm On Nov 06, 2022 |
thebosstrevor1: Shut that gutter you call Mouth there. Evil thing 2 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Nobody: 9:17pm On Nov 06, 2022 |
The persisting rise of dollar and pound nowadays is so alarming that's why things are too expensive in the labour market |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Gozac: 9:17pm On Nov 06, 2022 |
Thinkam:They must rule |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by madapcmod: 9:19pm On Nov 06, 2022 |
Continue voting APC, it will reach 2000 before election 1 Like |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by sisisioge: 9:20pm On Nov 06, 2022 |
Na we country nau....rubbish! |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by One4me: 9:20pm On Nov 06, 2022 |
Alwaysready: Most People need to understand why the Naira is RAPIDLY crashing, since the CBN announced its Redesign Policy. There is pressure by these Criminal Politicians, Kidnappers and Bandits, to exchange their Huge, StoredUp Naira for Dollar, because they cant take it to the Bank and pay it into their Account, they know the CBN is monitoring them, which is a good thing. I also believe that once the Cut-off date for the passed, the pressure will ease out because there will be no need to urgently want to change the "dead notes" to New Notes again. That is the primary reason that took the Niara from #600, to any amount above that. We dont know yet, at what value it will stop but it will certainly come down, after that, But we should also be more concerned about what took it from #115 / 1$ in 2015, to the #6000 it was, two weeks ago. It has to do with the INCOMPETENCY and CORRUPTION of Buhari and the thieves in his Cabinet. Also, is the issue of Fulani terrorist Herdsmen killing people on their farms and not allowing them to farm, thereby causing acute food inflation. Those two issue have nothing to do with the Redesign of the Naira. Let us be clear about that. 4 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Gozac: 9:22pm On Nov 06, 2022 |
Theunbothered:Brother, how did yo know? You are very correct. God bless you 1 Like |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Nobody: 9:23pm On Nov 06, 2022 |
ObosiUkwalla: I am not the cause of your anger and failure in life |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by adonainana: 9:25pm On Nov 06, 2022 |
Bakrabas: Pound and dollar are not Nigerian currencies but they are the currencies international buying and selling is done in The tension is real and is a big one because Nigeria is an import dependent country on the international market so it needs dollars and pounds to buy goods on the international market Whenever there is a major spike in the exchange rate for naira to dollars or pounds Tension go dey cos it means everything that is imported is gonna be as expensive as the the dollar became expensive to exchange Hope this explanation helps 2 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by ObosiUkwalla: 9:25pm On Nov 06, 2022 |
thebosstrevor1: I cannot be a failure as someone who depends on 30k per month to spread falsehood... 3 Likes |
Re: Concerns As One Pound Trades For ₦1000 At Parallel Market by Jackfx: 9:27pm On Nov 06, 2022 |
“how Banks Make Free Money From Govt. Funds” –CBN Governor / FG Calls On China, Others To Set Up Lithium Battery Factories In Nigeria / BOI YES Programme, A Big Deceit, A Waste Of Precious Time By Adisa Edited By Kay
(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. 39 |