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Naira Inches Towards 1000 Naira To A Dollar - Business (6) - Nairaland

Nairaland Forum / Nairaland / General / Business / Naira Inches Towards 1000 Naira To A Dollar (24167 Views)

Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension / More Troubles As Naira Inches Closer To N500/$1 / Oil Price Inches Towards $70, 44% Above Benchmark (2) (3) (4)

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Re: Naira Inches Towards 1000 Naira To A Dollar by TrumpDonald2: 4:17pm On Aug 10, 2023
helinues:
Toh
Is that all you have to say? Won't you twerk a little more for Tinubu? 😂😂😂😂

4 Likes 1 Share

Re: Naira Inches Towards 1000 Naira To A Dollar by bejick(m): 4:41pm On Aug 10, 2023
Racoon:

You are now speaking in phrases abi - having speech deficit? Your razor blade mouth can't talk again? Defend it man.

By that time is was around N180 but they raised it to N216 to make it look good. make them give N500 now we go happy

2 Likes

Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 4:53pm On Aug 10, 2023
IslamIsIdiotic:
This is the result of voting to keep APC in office in spite of its numerous failures since 2015.

Buhari did EXACTLY the same thing back in 2015 when his clueless policies caused foreign investors to withdraw $100 billion from the economy which led to the Naira plummeting from 190 to a dollar under Jonathan to 550 in the space of just 1 year of him being in office. The Iragbiji bedwetter is just continuing the APC tradition of incompetence, fraud and failure.
When they made Gandollar their party chairman, they were signalling to everyone what their intentions are.

That's why they are so desperate for a war with Niger because they need a diversion and another reason to fill their pockets with money.


$100 billion?🤣

Ignoramus full Nairaland WaLlahi 🤣

$1 zillion ni!😀
Re: Naira Inches Towards 1000 Naira To A Dollar by Isobug: 4:54pm On Aug 10, 2023
helinues:




I am on this thread deliberately cos we are not a coward . We are taking responsibility of the high dollar rate without blaming anyone.

Same way we will take the responsibility when the price come down to normal.

Btc is currently around $29k for months now but same btc is projected to hit $50k by December. That na expo

See them..... very useless individuals

3 Likes

Re: Naira Inches Towards 1000 Naira To A Dollar by Juju70(m): 5:30pm On Aug 10, 2023
helinues:




I am on this thread deliberately cos we are not a coward . We are taking responsibility of the high dollar rate without blaming anyone.

Same way we will take the responsibility when the price come down to normal.

Btc is currently around $29k for months now but same btc is projected to hit $50k by December. That na expo


I like your optimism but dat dallar ain't phukin going down no wia! Go dallar!!!
Re: Naira Inches Towards 1000 Naira To A Dollar by YouAreNobody: 6:00pm On Aug 10, 2023
streetfabulous:
We are now in a townhall that's different from...... ....anyway, let me quickly go and make a down payment for roasted corn b4 it is too late.
Hahahahahahhahahsahshahahah guy you no well🤣🤣🤣
Re: Naira Inches Towards 1000 Naira To A Dollar by Goldbw122(m): 6:05pm On Aug 10, 2023
TruthHurts1:


https://dailytrust.com/naira-inches-towards-n1000-1-at-parallel-market/

As long as sentors is embezzling our money, and they are still transferring money to the foreign bank, then don't expect the naira will have value.. no the naira will keep going down and down..
Re: Naira Inches Towards 1000 Naira To A Dollar by frank33(m): 6:28pm On Aug 10, 2023
Governors shared N907billion in June from FAAC, highest ever. They and their cronies are buying up dollars now with siphoned monies. Brace up guys
Re: Naira Inches Towards 1000 Naira To A Dollar by patrickcollins: 7:06pm On Aug 10, 2023
The president is clueless, has nothing meaningful to offer, takes decision without planning, just few months he has turned everything on the bad side, Please bring back @M.Buhari
Re: Naira Inches Towards 1000 Naira To A Dollar by t2luv1: 7:27pm On Aug 10, 2023
“For us, our only source of dollars now is from travellers who will bring some hundreds of dollars to you. Even yesterday (Tuesday), I needed $1,000 and I couldn’t get it anywhere in the market. That is how bad things have gotten. So, the government needs to release some percentage of dollars to operators (BDC) as it was done in the past so that it can reach the people that truly need it,” he said.

Right there is the root of the problem. Only the banks are allowed to buy from the I&E window. BDC is banned. The Bank buys @ 742 then turn around and sell to BDC @ 900. BDC then turns around and sells @ 929.

1 Like

Re: Naira Inches Towards 1000 Naira To A Dollar by foxyemma: 8:08pm On Aug 10, 2023
We buy pi at a good rate, WhatsApp us via 0.7.0.3.2.2.0.6.7.7.6.
t2luv1:
“For us, our only source of dollars now is from travellers who will bring some hundreds of dollars to you. Even yesterday (Tuesday), I needed $1,000 and I couldn’t get it anywhere in the market. That is how bad things have gotten. So, the government needs to release some percentage of dollars to operators (BDC) as it was done in the past so that it can reach the people that truly need it,” he said.

Right there is the root of the problem. Only the banks are allowed to buy from the I&E window. BDC is banned. The Bank buys @ 742 then turn around and sell to BDC @ 900. BDC then turns around and sells @ 929.
Re: Naira Inches Towards 1000 Naira To A Dollar by Abufo: 8:25pm On Aug 10, 2023
TruthHurts1:


https://dailytrust.com/naira-inches-towards-n1000-1-at-parallel-market/



floating the naira or reunification of rates will not cos any change in the availability of dollars..............what will change the value of the dollar is a change in perception of socio economic conditions in Nigeria!

the release of kanu and talks with simon ekpa will free up a lot of Igbo diaspora dollars!

resolving the Niger issue without warfare will free up a lot of arewa forex!

Sorting and stabilizing artisan refinery permits ....will release a lot of stranded niger delta money!

the final and most impactful move I will not reveal here...........if APC is really interested make dem PM me........I do not consult for free anymore!

1 Like

Re: Naira Inches Towards 1000 Naira To A Dollar by snowball11(m): 8:38pm On Aug 10, 2023
Since these idiots got hood of power in 2015, all the indices of progress have been on a downward projection! undecided


If this party (APC) and his followers aren't cursed then tell me something else!

Idiotic party! grin

2 Likes

Re: Naira Inches Towards 1000 Naira To A Dollar by Southwestidiot: 10:15pm On Aug 10, 2023
Re: Naira Inches Towards 1000 Naira To A Dollar by ismhab(m): 10:32pm On Aug 10, 2023
Ebola is a disaster.

Period.

1 Like

Re: Naira Inches Towards 1000 Naira To A Dollar by Lastmankc(m): 12:59am On Aug 11, 2023
helinues:




I am on this thread deliberately cos we are not a coward . We are taking responsibility of the high dollar rate without blaming anyone.

Same way we will take the responsibility when the price come down to normal.

Btc is currently around $29k for months now but same btc is projected to hit $50k by December. That na expo

You are talking rubbish
Re: Naira Inches Towards 1000 Naira To A Dollar by ycat: 3:48am On Aug 11, 2023
At that time there was no reason why it should be that high. Oil was pushing $140/barrel. Tens of billions of dollars was in foreign reserve and excess crude account too had money. Nigeria is broke now and starting from the scratch.
Racoon:

You are now speaking in phrases abi - having speech deficit? Your razor blade mouth can't talk again? Defend it man.
Re: Naira Inches Towards 1000 Naira To A Dollar by ufotunang: 7:05am On Aug 11, 2023
APC has destroyed the economy...

1 Like

Re: Naira Inches Towards 1000 Naira To A Dollar by Calitoscassius(m): 9:22am On Aug 11, 2023
See helinues 15000 naira gateman in Abuja lecturing people about dollar cheesy grin


Well.. he can only deceive ignorant Naigerians.
Re: Naira Inches Towards 1000 Naira To A Dollar by IslamIsIdiotic: 12:07pm On Aug 16, 2023
Yes, because the disappearance of 22 billion dollars from the Nigerian economy in just 5 weeks during 2015 which was widely reported by newspapers is also a lie.
May that anointing of stupidity never depart from your head ronu oponu



CursedOsuPigs:


$100 billion?🤣

Ignoramus full Nairaland WaLlahi 🤣

$1 zillion ni!😀
Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 12:19pm On Aug 17, 2023
IslamIsIdiotic:
Yes, because the disappearance of 22 billion dollars from the Nigerian economy in just 5 weeks during 2015 which was widely reported by newspapers is also a lie.
May that anointing of stupidity never depart from your head ronu oponu




You're so used to the word oponu.

I'm sure that's what the riffraff who sired you call each other.

Nwa Ezi🤣
Re: Naira Inches Towards 1000 Naira To A Dollar by IslamIsIdiotic: 4:02pm On Aug 17, 2023
Actually, oponu ronu is your ancestral name, as befitting for the descendant of a thousand generations of bastards and products of baby factory and prostitution.

Ask your slut mother to tell you the truth about your DNA history.


CursedOsuPigs:


You're so used to the word oponu.

I'm sure that's what the riffraff who sired you call each other.

Nwa Ezi🤣
Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 9:34am On Aug 18, 2023
IslamIsIdiotic:
Actually, oponu ronu is your ancestral name, as befitting for the descendant of a thousand generations of bastards and products of baby factory and prostitution.

Ask your slut mother to tell you the truth about your DNA history.



🤣

This is yours on her way to work at Ojuelegba🤣

Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 2:55pm On Aug 19, 2023
IslamIsIdiotic:
Actually, oponu ronu is your ancestral name, as befitting for the descendant of a thousand generations of bastards and products of baby factory and prostitution.

Ask your slut mother to tell you the truth about your DNA history.



🤣

Yours on her way to meet her clients at Ojuelegba inder bridge🤣.

If she no do am, you no go chop.

Re: Naira Inches Towards 1000 Naira To A Dollar by IslamIsIdiotic: 5:51pm On Aug 20, 2023
Wait,wait, wait,wait who be dis I dey see? No be most overused and overexposed olosho number ONE of ronu land be dis?🤣🤣🤣

Omo, Ronu Oponu you be bad pikin! Why you come dey share your mama photo for album like dis? Abi your mama wan come out of retirement to resume olosho work?🤣🤣🤣

Imagine expired olosho arugbo ojo like your mama wey wan compete wit fresh sweet sixteen? Wetin the agbaya dey find?😅😆🤣😂



CursedOsuPigs:


🤣

Yours on her way to meet her clients at Ojuelegba inder bridge🤣.

If she no do am, you no go chop.
Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 7:25am On Aug 21, 2023
IslamIsIdiotic:
Wait,wait, wait,wait who be dis I dey see? No be most overused and overexposed olosho number ONE of ronu land be dis?🤣🤣🤣

Omo, Ronu Oponu you be bad pikin! Why you come dey share your mama photo for album like dis? Abi your mama wan come out of retirement to resume olosho work?🤣🤣🤣

Imagine expired olosho arugbo ojo like your mama wey wan compete wit fresh sweet sixteen? Wetin the agbaya dey find?😅😆🤣😂




Yeah, you name it right. Mother of cursed Osu Pigs 🤣🤣🤣
Re: Naira Inches Towards 1000 Naira To A Dollar by IslamIsIdiotic: 7:49am On Aug 21, 2023
Eyaaaa, you be good pikin. Everybody else will disown their asawo mama, but see as CursedOsuPigs dey famz im mama ashawo activities🤣🤣🤣
CursedOsuPigs a.k.a Ronu Oponu, you be true omo oluabi

CursedOsuPigs:


Yeah, you name it right. Mother of cursed Osu Pigs 🤣🤣🤣
Re: Naira Inches Towards 1000 Naira To A Dollar by CursedOsuPigs: 2:39pm On Aug 22, 2023
IslamIsIdiotic:
Eyaaaa, you be good pikin. Everybody else will disown their asawo mama, but see as CursedOsuPigs dey famz im mama ashawo activities🤣🤣🤣
CursedOsuPigs a.k.a Ronu Oponu, you be true omo oluabi


A typical cursed Osu Pig is stubborn. Yours is not different 🤣🤪🤪🤪

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