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Nairaland Forum / Nairaland / General / Business / Naira Falls To N1, 000/$ In Official Market (16862 Views)
Naira Depreciates To ₦1,300/$ In Official Market / Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs / Naira Falls At Parallel Market, Appreciates In Official Window (2) (3) (4)
Naira Falls To N1, 000/$ In Official Market by Kukutente23: 12:18pm On Nov 10, 2023 |
Despite recent moves by the Central Bank of Nigeria to strengthen the foreign exchange market, the naira closed trading on the Investor & Exporter forex window on Thursday at N996.75/$. https://punchng.com/naira-falls-to-n1-000-in-official-market/ 1 Share
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Re: Naira Falls To N1, 000/$ In Official Market by Kukutente23: 12:20pm On Nov 10, 2023 |
Where are we going in this country with this clueless govt? I thought they've started paying the backlog and naira will firm up. This is the first time in history that naira will hit N1000 at the official market. APC is a massive, unmitigated disaster!! 118 Likes 14 Shares |
Re: Naira Falls To N1, 000/$ In Official Market by Optimum2023: 12:21pm On Nov 10, 2023 |
Not news. Reminds us of those COVID-19 days when the CDC would reel out daily number of infections, deaths and recoveries. At a point, we all got used to it and stopped caring because it became part of normal life. It was expected. We no longer give 2 fvcks. Meanwhile, every Nigerian ought to own a portion of the Federal Capital Territory. Abuja is our common heritage as Nigerian citizens. The good thing is, Land no cost for Abuja, Na you wan buy am for Maitama. Even sef, Land no even cost for Maitama, Na you no buy am on time. For as low as 800k, you can become a Landlord in Abuja. Don't take my word for it, you can click this LINK to see for yourself. 35 Likes 2 Shares |
Re: Naira Falls To N1, 000/$ In Official Market by RepoMan007: 12:28pm On Nov 10, 2023 |
You don't scare speculators and buyers with a few dollar surge like the govt has been trying to do. You sustain momentum to match demand until the supply superiority pushes prices down permanently. 38 Likes 4 Shares |
Re: Naira Falls To N1, 000/$ In Official Market by worksmart(m): 12:35pm On Nov 10, 2023 |
APC or Tinubu? Kukutente23: 5 Likes 1 Share |
Re: Naira Falls To N1, 000/$ In Official Market by mmafhew(m): 12:48pm On Nov 10, 2023 |
Re: Naira Falls To N1, 000/$ In Official Market by Probz(m): 1:09pm On Nov 10, 2023 |
Optimum2023: People just needed a daily dose of fluvoxamine. It would’ve helped reducing the symptoms of Covid and the social rustiness that came to many-an extravert especially who couldn’t cope with the sudden isolation. That’s what people really needed back in late 2019/2020/21 as a conglomerate. |
Re: Naira Falls To N1, 000/$ In Official Market by Meedon: 1:22pm On Nov 10, 2023 |
Falling and rising thins 3 Likes 2 Shares |
Re: Naira Falls To N1, 000/$ In Official Market by aboyaji(m): 1:22pm On Nov 10, 2023 |
Ihe na-ebe ka na-ebe 13 Likes |
Re: Naira Falls To N1, 000/$ In Official Market by omoadeleye(m): 1:23pm On Nov 10, 2023 |
Okay |
Re: Naira Falls To N1, 000/$ In Official Market by CHIOMAEZEH: 1:23pm On Nov 10, 2023 |
Wahala...wahala . |
Re: Naira Falls To N1, 000/$ In Official Market by MindOnMatters00(m): 1:23pm On Nov 10, 2023 |
Just the beginning. 1 Like |
Re: Naira Falls To N1, 000/$ In Official Market by Validated: 1:24pm On Nov 10, 2023 |
Where are the "dollar will fall crooners" like freestuffs who economic illiterates saying. 23 Likes 1 Share |
Re: Naira Falls To N1, 000/$ In Official Market by Reelmii: 1:24pm On Nov 10, 2023 |
Hmmm |
Re: Naira Falls To N1, 000/$ In Official Market by Chuksteric(m): 1:24pm On Nov 10, 2023 |
Will it still favour you and your family?? 10 Likes |
Re: Naira Falls To N1, 000/$ In Official Market by Eriokanmi: 1:24pm On Nov 10, 2023 |
Tinubuuuuul, according to the NSE after announcing the free fall of the Naira. They claimed the stock rose sharply. Awon oniranu 8 Likes 1 Share |
Re: Naira Falls To N1, 000/$ In Official Market by IjebuWarrior: 1:24pm On Nov 10, 2023 |
Na him be dis... 3 Likes
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Re: Naira Falls To N1, 000/$ In Official Market by StraightGaay: 1:24pm On Nov 10, 2023 |
The thing just dey raise and fall like my big curvy long gbola 3 Likes 1 Share |
Re: Naira Falls To N1, 000/$ In Official Market by ibrocool(m): 1:25pm On Nov 10, 2023 |
When exactly will this daily fluctuations stop? It is very difficult for people to buy things in dollar because the exchange rate always stay on the high rate except dollar is stable for a long period of time. 2 Likes |
Re: Naira Falls To N1, 000/$ In Official Market by Faiththatworks(m): 1:25pm On Nov 10, 2023 |
I don't understand the magic Asiwaju wants to perform with those people in NNPCL or whatever they are called. I have always maintained that Nigeria biggest source of foreign Revenue and the highest item depleting the same revenue is Oil. Asiwaju should stop all the shenanigans with trying to balance the Naira to the dollar and do the Needful. He must as a matter of National urgency sack everyone in NNPCL,from the gateman up to the GMD, everyone in that institution must be sacked just like he did with the top management of CBN. NNPCL is a big saboteur of the economy or sabo in the language of my Igbo agitators. The criminals in NNPCL will never allow enough money flow into the economy. Even the most clueless economist know Nigeria needs not only to export more oil but we need to quickly refine more oil locally so as to as ensure we are not spending the little revenue we are earning. But the message from the NNPCL is very confusing,they tell you we are binded by OPEC quota,haba does OPEC quota affect the number of barrels we should refine locally. Another stupid statement made during the week was that Nigeria oil is now favored by European countries,haba the same oil that have been floating on international waters without buyers. I can go on and on,but Asiwaju should get mad with the saboteurs in NNPCL and send them out with immediate alacrity or give them a deadline, Crude oil must be supplied to Dangote Refinery by December. If not all this patch patch policy will not shift a needle on the Naira. Pls check out Lands in my ESTATE https://www.nairaland.com/7905580/introducing-silvergate-estate-ibeju-lekki God bless Nigeria..... 7 Likes |
Re: Naira Falls To N1, 000/$ In Official Market by Chevrolet076(m): 1:25pm On Nov 10, 2023 |
Old news. Naira has appreciated to 803.126 |
Re: Naira Falls To N1, 000/$ In Official Market by sofeo(m): 1:26pm On Nov 10, 2023 |
It's well |
Re: Naira Falls To N1, 000/$ In Official Market by koxovab7(m): 1:26pm On Nov 10, 2023 |
Nigeria my country |
Re: Naira Falls To N1, 000/$ In Official Market by seunny4lif(m): 1:26pm On Nov 10, 2023 |
If naira does not hit #2K per dollar in December than Naira have survived 1 Like |
Re: Naira Falls To N1, 000/$ In Official Market by Trustme2(m): 1:27pm On Nov 10, 2023 |
Hmmmm |
Re: Naira Falls To N1, 000/$ In Official Market by Tjra: 1:27pm On Nov 10, 2023 |
Re: Naira Falls To N1, 000/$ In Official Market by dunski: 1:29pm On Nov 10, 2023 |
RepoMan007: Keyword-sustainability 1 Like |
Re: Naira Falls To N1, 000/$ In Official Market by adesegun121(m): 1:30pm On Nov 10, 2023 |
Ok oo |
Re: Naira Falls To N1, 000/$ In Official Market by Blaze14k: 1:31pm On Nov 10, 2023 |
Mind you this no way near improvement. We need to see the naira at 700 to a dollar that is were I will start praising tinubu 1 Like |
Re: Naira Falls To N1, 000/$ In Official Market by Racoon(m): 1:31pm On Nov 10, 2023 |
The it will favour me and my family crew, over to you guys. 5 Likes |
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