Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting - Business (5)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,414 members, 7,822,925 topics. Date: Thursday, 09 May 2024 at 07:33 PM

Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting (18963 Views)

Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs / Naira Hits N1,825 To Dollar Despite EFCC Gun Rescue Attempt / Naira Hits Record Low Of N1,348.63 /$1 At The Official Market (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by emorse(m): 9:05am On Jul 21, 2023

Sangoamadioha1:

See this one cutting his nose to spite his face. Tell me after the nonsense you wrote, if you wouldn't still buy the fuel like others. You dey suffer but you dey happy say Tinubu dey mess up like say after Tinubu Nigeria no dey again.

Na so the typical human be bro. It's difficult to see beyond their noses. Once the leaders don activate the us versus them mentality, the rest dey run on auto pilot. Na so majority of Tinubu supporters sef be. Same mumu people everywhere

1 Like

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:05am On Jul 21, 2023

favor914:
Die of starvation instead, unlike a Lazy Bingo that will go back to its vomit?

you really are stupeed more than i gave you credit for..

Ofcourse, you will die of starvation.

Just keep repeating the word obingo. More obingo please!

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by emorse(m): 9:06am On Jul 21, 2023

favor914:
Ask him how he made the forex, instead of finding an excuse to wail.

Don't be dumb and selfish bro. How many of your family and friends earn Forex as we speak?

1 Like

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:07am On Jul 21, 2023

emorse:

Don't be dumb and selfish bro. How many of your family and friends earn Forex as we speak?

Don't mind that dumbo. grin

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by favor914: 9:07am On Jul 21, 2023

emorse:

Na so the typical human be bro. It's difficult to see beyond their noses. Once the leaders don activate the us versus them mentality, the rest dey run on auto pilot. Na so majority of Tinubu supporters sef be. Same mumu people everywhere

Lazy Thing, go to the business, or investment section of Nairaland to hustle, you dey the politics section they yan opata, wasting your time?

Incoherent Almijiri, no food for lazy man.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by favor914: 9:09am On Jul 21, 2023

emorse:

Don't be dumb and selfish bro. How many of your family and friends earn Forex as we speak?

Lazy man, it is the Almijiris like yourself & that Calitoscassius, that add no value to Nigeria.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Sunnyski: 9:11am On Jul 21, 2023

Bad for salary earners

Good for cryptocurrency dealers

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by emorse(m): 9:12am On Jul 21, 2023

favor914:
Lazy man, it is the Almijiris like yourself & that Calitoscassius, that add no value to Nigeria.

I asked you a simple question bro. How many of your family and friends earn Forex as we speak? Is that a difficult question? undecided

1 Like

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by favor914: 9:14am On Jul 21, 2023

emorse:

Don't be dumb and selfish bro. How many of your family and friends earn Forex as we speak?

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:20am On Jul 21, 2023

emorse:

I asked you a simple question bro. How many of your family and friends earn Forex as we speak? Is that a difficult question?

He is not gonna answer because none of his famillies even knows what forex is.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by PissInside: 9:21am On Jul 21, 2023

emorse:

Unfortunately, inflation will eat it all up eventually. Such that 86k would not be able to buy what 76k could buy two months ago

Between yesterday and now,I already blew 62k on foodstuffs, groceries, supplements,data,weed and fuel.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by LucemFerre: 9:23am On Jul 21, 2023

Shea person go ever wake up in the morning see good news ?

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by NeckingNgulping(m): 9:24am On Jul 21, 2023

Dyfynezz12:
He doesn't know that 25000 in 2014 when dollar was abt 250 can get u goods worth more than 86000 now

So true, the generator i bought for 30k in 2014 is now selling at 95k.. I had to pay through my nose to get it again.

2 Likes

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:26am On Jul 21, 2023

NeckingNgulping:

That 86k can't buy a 1.3kva generator in the Nigerian market. I mean the one that's a little bit above 'i pass my neighbour'. Infact, it's totally useless compared to its worth 3yrs back.

this sounds harsh but it is true.. i am glad people like you understands the situations, unlike some morrons like favor914 who are interested only in calling people obingo and obidients. Time for insults has long gone, people should wake up to the harsh reality in the country.

2 Likes

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:30am On Jul 21, 2023

Edusouls:
this is just the beginning una never see anything, na just two months ooo

Tifnubu made it clear that he will continue were Buhari stopped.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:32am On Jul 21, 2023

NeckingNgulping:

So true, the generator i bought for 30k in 2014 is now selling at 95k.. I had to pay through my nose to get it again.

And earnings stays the same since 2014 grin

it is not funny but i had to grin

1 Like

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by DMCY: 9:32am On Jul 21, 2023

wittywriter:
Shoutout to all other Cryptocentrics earning online out there...

Wittyness

As in, I bought usdt at 790 around 2 weeks ago and sold for 870 yesterday, although I made more money but I was scared for this country because I know with that more inflation is looming

1 Like

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Fuckyoumod: 9:33am On Jul 21, 2023

PissInside:
It's actually favouring we online earners.

I sold $100 Bitcoin yesterday and got 86,000.

you are gaining nothing bro...

86,000 will end up in the belly of inflation.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by NeckingNgulping(m): 9:37am On Jul 21, 2023

Calitoscassius:
this sounds harsh but it is true.. i am glad people like you understands the situations, unlike some morrons like favor914 who are interested only in calling people obingo and obidients. Time for insults has long gone, people should wake up to the harsh reality in the country.

That Favor194 is truly a slowpoke'.. I see him fighting tooth and nail to remain a slowpoke'. SMH..

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Fujiyama: 9:38am On Jul 21, 2023

clinician2x:
U don't understand what I am saying. Tinibu said he has floated the naira and unified the exchange in the first 1 week of his regime.

Why are we still having two separate exchange rates?

He dragged the official rate from about 400 to equal the then black market rate of about 750 so that there is no more black market rate.

So what is happening today?

^^^

You are asking difficult, uncomfortable questions that'll give some of us headache. And you know Panadol is expensive. sad

For the sake of peace you need to stop asking these questions so that we can, you know, move Nigeria forward.

Yes, they said they unified the exchange rate - but even when a man and his wife get married and the two become one, they are still two separate human beings, non? That's why we still have two exchange rates. I know this because the "City Boy" said so.

You need to stop asking these questions. It isn't good for you. If you persist...I'll have to get Dele Alake to respond. Or Nasir el Rufai. Or Bayo Onanuga. Or MC Oluomo. grin

We are all City Boys now. wink

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Exceed15: 9:40am On Jul 21, 2023

Renewed shege banza

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by sweetkev(m): 9:40am On Jul 21, 2023

Faber:
Thank God say I dey make money in dollars...Thank God for Sunday Emedion...who introduced me to making money online in 2015...

Bro wherever you are God bless you richly...I lost your contact and it still pains me till today.

Back to the matter...una never see something, dollar go hit 1500 before December

yahoo I guess

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by 77up(m): 9:41am On Jul 21, 2023

clinician2x:

You're an idiot.

You made your choice of a president despite all warnings. Your choice materializes but just like u were warned, ur choice made so much bad policies that plunges u into suffering and bad things start happening.

Instead of u to blame the choice u made for ur sufferings, u start blaming the person that warned u because u think the bad things happen because they wish the country bad. Did they make the policies? Why not blame the one that made the bad policies
.
Idiot

werey don login with another moniker to reply, eni nisimi.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by clinician2x: 9:41am On Jul 21, 2023

77up:
werey don login with another moniker to reply, eni nisimi.

Hehehe u be mumu lol

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by optimusprime2(m): 9:41am On Jul 21, 2023

I hate to say this but at this point CBN needs to try and step in and put in at least some control measures to regulate this "open season fiasco", because the Economic ecosystem in Nigeria can not handle this Financial shock wave ... the poverty index is just too high.

At this rate, Nigeria would witness the worst inflation ever in her history, if something isn't done ASAP... Can you believe more money is still being injected into the Economy by the CBN despite this madness.

It is absolutely clear B.A.T and his team didn't properly study things before making the abrupt decisions they made.

I have said this several times it would take about 10-50 individuals in the mold of Dr Ngozi Okonjo Iweala, to salvage this situation-Basically crack Data Analysts and Economics/Finance specialists need to be thrown into the national Job now. But as you can expect maybe Ganduje may become the new minister of finance or trade.

Everyone brace yourselves for the Shege.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by PECON1(m): 9:42am On Jul 21, 2023

PissInside:
It's actually favouring we online earners.

I sold $100 Bitcoin yesterday and got 86,000.

Oga after getting the money online,u will spend it offline with high inflation,there is no much difference to this things

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by 77up(m): 9:43am On Jul 21, 2023

Calitoscassius:
You are the one who is very very stupeed, You don't want to hear or accept the truth. you have being conditioned to believe that everything happening is expected. You are suffering while corrupt politicians are living flambouyant lifestyles alocating billions to themselves and making you believe that Liegeria will be great you will keep suffering till you grow old

Ligeria will never ever never ever be great. Dollars went from 200 to 850, cost of living are sky higher than ever before and you are on here consoling your poor self that Ligeria will be great. >:

Do I have to reply the lunatic that just changed his country name all because he's not happy? Same set of people calling her a zoo.

Werey people.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by sweetkev(m): 9:45am On Jul 21, 2023

Calitoscassius:
You are the one who is very very stupeed, You don't want to hear or accept the truth. you have being conditioned to believe that everything happening is expected. You are suffering while corrupt politicians are living flambouyant lifestyles alocating billions to themselves and making you believe that Liegeria will be great you will keep suffering till you grow old

Ligeria will never ever never ever be great. Dollars went from 200 to 850, cost of living are sky higher than ever before and you are on here consoling your poor self that Ligeria will be great. >:

Only wise people knows that Nigeria can never be great

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:45am On Jul 21, 2023

77up:
Do I have to reply the lunatic that just changed his country name all because he's not happy? Same set of people calling her a zoo.

Werey people.

Is this rubbish supposed to make sense? grin

you are more stupeed than i gave you credit for.

It's good you think i am a Liegerian.

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Calitoscassius(m): 9:46am On Jul 21, 2023

sweetkev:
Only wise people knows that Nigeria can never be great

Correct, Naigeria will never ever ever never be great. That is fact!

Re: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Fujiyama: 9:57am On Jul 21, 2023

jrusky:
This was the reason I said if Tinubu want to succeed he should drop omoluabi(gentleman) robe only a mad man can rule Nigeria and get result. Tinubu must go mad wallahi every demons will be silent.

^^^

Nobody's stopping him from going insane. He's free to do so - its one of the few reasons he can be speedily impeached. So its a win - win for all.

1 Like

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

Mr Biggs Franchise / We’re Addressing Recession With Wrong Tools —CBN / Is There Any Chance That Prices Of Goods And Services Will Come Down?

(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. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.