Exchange Rate Quotes For ₦1,100 At Parallel Market - Business (4)

Exchange Rate Quotes For ₦1,100 At Parallel Market - Business (4) - Nairaland

Nairaland Forum › Nairaland General › Business › Exchange Rate Quotes For ₦1,100 At Parallel Market (24431 Views)

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Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by clinician2x: 2:37pm On Oct 18, 2023

iamtardey:
I bought fuel 605 …total Ogba

You did not shout yoruba ronu 3 times ni as they advice una?

4 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Kingsley123456(m): 2:38pm On Oct 18, 2023

I have gave up on Nigeria since the first tenure of Buhari, una never see anything yet...

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by ufotunang: 2:38pm On Oct 18, 2023

And this how Tinubu says he will grow nigeria GDP to 1 trillion naira in 8 years... nawaoooo 🙄

5 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by optimusprime2(m): 2:39pm On Oct 18, 2023*

By now it should have been crystal clear that this B.A.T government is clueless. If they weren't, then the proof of a positive trend in the Economy should have been very clearly visible by now because all the tools are available... but na e go better still dey operate.

Give these guys 6 months more and 1usd= 2000NGN+

Economics is a data driven environment these days and Balablu has no idea on how to use statistical studies to make data driven decisions...
Abi "Na statistics we go chop" ...

Everybody Happy Shege ooo!

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by saintobing: 2:39pm On Oct 18, 2023

All imported goods are to be increased to 35%

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Rayban26: 2:40pm On Oct 18, 2023

Lol. Nigerians una never see anything. And people are still adjusting and waiting for nlc before you people strike and protest. Continue going about as if nothing is happening.

3 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by saintobing: 2:40pm On Oct 18, 2023

Tinubu must go

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by PotatoSalad(m): 2:40pm On Oct 18, 2023

We warned them in 2015,
2019, 2023
They didn't listen
Meanwhile one oti mkpu Tinubu came to my dm this morning wailing. Ebere adiro ya at all. We all die here 😁

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by 90dbest: 2:40pm On Oct 18, 2023

What do you expect from olodo who forged certificate. Ronu crew where art thou?

3 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Edaniels9(m): 2:41pm On Oct 18, 2023

Vision101:
Every Nigerian is so obsessed with the rate of dollar. The reason is because we are a consumption economy. Otherwise a higher dollar rate is good for a production economy.

We only think of how to use petrodollar to import finished goods consume and live big.

Are there no economic opportunities in a high exchange rate?

You are right, it’s a sad reality. But what infrastructures do we have in place that encourages production? Is it electricity? Loans or what? Honestly, it will take a genius and an honest person to raise Nigeria from the dust, and most if not all of these current politicians are neither of both.

4 Likes 1 Share

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by emmanuelbrown26: 2:41pm On Oct 18, 2023

NwaIdeato:
Even Buhari's Fulani government (as bad as it was) is now looking like an El Dorado compared to Ebola's yoruba run govt, yorubas are the most overhyped/useless tribe in Nigeria walahi, na the sophisticated Lagos media dey really give them face-lift.

That's why their billionaire said it that Nigeria break, Yorubas will suffer most bcs all they know is producing fake pastors and agbero

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by ufotunang: 2:42pm On Oct 18, 2023

Nigeria been a producing economy is the solution to all this dollars rising everyday and naira losing value...you can't be importing and be a consuming nation and you expect naira to have value and be strengthened against the dollars...dollars must keep on rising

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by jackmrandy: 2:43pm On Oct 18, 2023

growing up as a kid, when i got to understand there was a currency called dollar, it was being exchanged at 250 naira/ 270 naira to a dollar by those aboki. I remember a relation once sent us 100 dollar and what we got in exchange for that was 25k. and we were all happy cos the money went round everybody in the house. with joy on our face. that was during PDP. here now look at APC, THINGS ARE NOW WORSE

6 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by PrinceOfLagos: 2:44pm On Oct 18, 2023

This is what happens when you elect stupid people over competence

Na una go suffer am

4 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Angelfrost(m): 2:44pm On Oct 18, 2023

We are very much on course to hit #1500 per Dollar by December...!

These are interesting times. tongue

5 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by YouAreNobody: 2:46pm On Oct 18, 2023

Our nairaland resident agbado-munching cretins have gone mute

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The below quote clearly defines you lots:
“Many are destined to reason wrongly, others not to reason at all and some to persecute those who do reason" - Voltaire

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by grandstar(m): 2:46pm On Oct 18, 2023

Treadway:
Grandstar, remember this your post below in July when we had a riveting discussion in July in this thread below? How competent is the CBN so far, and how has inflation been arrested so far 4 months after??
https://www.nairaland.com/7769524/620-per-litre-isnt-what/13#124544003

Gerrard59, on one of your points/axioms, I completely yield today 18/10/2023💯. Truly and evidently you can NEVER lose betting against Nigeria true true. I exchanged some of my dollar stash a day before Cardoso lifted the ban on 43items. I still had some sort of optimism that despite the fact that I knew/know the guy is a dud, I thought he would still whip up some market sentiment that would create FUD driving the rate down a bit for like a month. I no know say he go pour petrol inside fire. I exchanged it at 1030, and less than a week later we are at 1070/1075 with 1200 very likely by next week. Smh

Presently, things are a bit disappointing. Anyways, these are still early days

I also sense Tinubu may be standing in his way.

Note: At the time of my argument in July, I had no clue the foreign reserves were disgraceful low at around $4bn. This is less than a month of imports cover while it is recommeded for a country to have at least 3 months worth in their foreign reserves.

The easiest option now is to approach the IMF.

3 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Justhere: 2:47pm On Oct 18, 2023

very soon, it will be #bring back ex cbn governor

i no mention name oh

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by YouAreNobody: 2:50pm On Oct 18, 2023

Ozommadu:
How much did you sell your senses??

Tufia

I was actually thinking that guy was being sarcastic

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Solidrock05: 2:51pm On Oct 18, 2023

Sure, I think we have missed him.

DeTruthh:
Tinubu is a disaster. If care is not taken, we may miss Buhari.

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by YouAreNobody: 2:51pm On Oct 18, 2023

meditator:
Still better than the IPOB's candidate, Hoebi

hahahahaha....you fools will SUFFER!

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by valudong(m): 2:54pm On Oct 18, 2023

meditator:
Still better than the IPOB's candidate, Hoebi

Normally e go hard you get sense for this life.

3 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by rabimlomo: 2:54pm On Oct 18, 2023

This is serious

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Abagworo(m): 2:55pm On Oct 18, 2023

Is it not about time Tinubu begs Emefiele for forgiveness?

3 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Jayokey: 2:56pm On Oct 18, 2023

KillIgbohoN0W:
Source: Nairametrics

Tinubu, the forger, identity theft, the Escobar of Africa is fixing Nigeria Las he fixed Lagos

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Proudlyomonna: 2:56pm On Oct 18, 2023*

Quebec91:

The hunger don dey make some people run kolosis grin

one werey se world power wan use tifnubu do population control for Nigeria grin

I ask am why Him talk so,werey se how suffer go waka waka waka reach garri, a whole garri the only best friend of poor man grin

2 Likes

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by DeTruthh: 2:59pm On Oct 18, 2023

Babangidapikin:
God Forbid bad thing, I will rather miss Chief Okikiola Obasanjo.

APC don't have think tank ..just praise singers and ranka dedes

We are saying the same thing. I meant, if care is not taken, Buhari may be better than Tinubu.

1 Like

Re: Exchange Rate Quotes For ₦1,100 At Parallel Market by Macdeey: 2:59pm On Oct 18, 2023

KillIgbohoN0W:
Source: Nairametrics

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