₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,253 members, 8,434,858 topics. Date: Saturday, 27 June 2026 at 01:06 PM

Toggle theme

$1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... - Politics - Nairaland

Nairaland ForumNairaland GeneralPolitics$1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... (1212 Views)

1 Reply (Go Down)

$1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Birdbyrde440(op): 2:16pm On Nov 03, 2023
Go to any black market vendor now and try to buy USD, They are selling at 1165-N1200.
On Binance the rate is N789/$1.

The Nigerian government is officially a day trader on cryptocurrency exchanges.

And you all know how day traders end up. REKT!
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Truths9ja: 2:18pm On Nov 03, 2023
Hmm 🤔
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Godoverevery: 2:41pm On Nov 03, 2023
Birdbyrde440:
Go to any black market vendor now and try to buy USD, They are selling at 1165-N1200.
On Binance the rate is N789/$1.

The Nigerian government is officially a day trader on cryptocurrency exchanges.

And you all know how day traders end up. REKT!
It been sold for 1k right now in ikorodu lagos.
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Birdbyrde440(op): 2:42pm On Nov 03, 2023
Godoverevery:
It is selling for 1k right now in ikorodu lagos.
1165 in kano
1100 in abuja
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by CodeTemplar: 2:48pm On Nov 03, 2023
I hope it isn't a case of BMC agents just doing a reverse speculation.
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by IVORY2009(m): 5:56pm On Nov 03, 2023
Currently

Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Philipponzaghi: 6:09pm On Nov 03, 2023
Now 987 on Flutterwave.

Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Birdbyrde440(op): 6:31pm On Nov 03, 2023
IVORY2009:
Currently
Go to the nearest bureau d change and ask for the exchange rate
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by IVORY2009(m): 6:39pm On Nov 03, 2023
Birdbyrde440:
Go to the nearest bureau d change and ask for the exchange rate
Bureau change would still use their old rate for today, by tomorrow it would be the new pricing.
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by Birdbyrde440(op): 6:44pm On Nov 03, 2023
IVORY2009:
Bureau change would still use their old rate for today, by tomorrow it would be the new pricing.
Ok go tomorrow and see how much they will sell
Re: $1 Is N1165 At The Black Market, FG Now A Day Trader On Binance... by IVORY2009(m): 6:47pm On Nov 03, 2023
Birdbyrde440:
Ok go tomorrow and see how much they will sell
You need to know that the naira to the dollar is been flooted, in other words the market forces of demand and supply determines the exchange rate, like there has be news of the cbn pumping billions of dollars into the economy and also paying backlog of dollars back to foreign companies.
1 Reply

Surrender To FG Now, Peacepro Tells IPOBFG Now Pays About ₦‎600 Billion Monthly For Fuel Subsidy - Rainoil CEOFG Now Paying More For Subsidy, But many Nigerians Don't Know - El-Rufai234

I Will Play: What Tinubu Must Understand...Dino Melaye Angry, Seeks Refund After Sharing Out N250,000 Per Polling Unit ‘Let's Build An Igbo Self Help Movement From Nairaland