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Naira Falls To ₦‎1,260/$ In Parallel Market - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Falls To ₦‎1,260/$ In Parallel Market (13524 Views)

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Re: Naira Falls To ₦‎1,260/$ In Parallel Market by mytime24(f): 5:57am On Dec 14, 2023
It will favour me and my family
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by NaijaCover(m): 5:57am On Dec 14, 2023
Hmmmmmm
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Cj4charles(m): 6:06am On Dec 14, 2023
We said it that it's heading straight to #1,500 by December.. nd some miscreants were yarnin bla bla bla
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by AbuTwins: 6:10am On Dec 14, 2023
Naira should continue to fall until it can fall no more than to rise!

Oya continue to blame Tinubu and his cabinet!
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Raydos(m): 6:16am On Dec 14, 2023
Gten:
This too shall favour me and my family.
People that it doesn't favour will rob you off of your favor

Work toward a great nation instead of Making stupid prayers!!
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Aw6793: 6:20am On Dec 14, 2023
stop saying fall. it i rising
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Whalis: 6:26am On Dec 14, 2023
mightyhaze:
This man reminds me of a young relative sent to me some years ago to help train ...


This dude is a genius,but only on the negative sides.. so smart in crime that u will never detect nor be able to stop his criminal moves. Before u knew it,he has made friends with all the criminal elements in the neighborhood.. he fit dey with you for car ,use eye communicate effectively with street men,and u will not even know... But that's how far he went. Before he was sent to me,his people said he was very smart and a genius.. ok but use that smartness to enhance your new home,Mba! Dude was at the bottom of his class! You can't send him on an errand and he goes it without making blunders.. Before I finally sent him away,I tried him in business.. for like 6 months in my business,he can't even write a single invoice talk more of calculating accurately..

Some people can maneuver everything but never for the interest of the public.. lol
You just described one of our presidents.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by nnewsnjobs: 6:32am On Dec 14, 2023
So those wonderful policies, when will we start seeing their results?

Or was it the usual bragging.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by nedekid:
vb0mb:
No net-export.
Stay there and be finding excuses.
No net export but pound was 240-250 for 16 years. No net export, but dollar in 16 years was between 100 to 150.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by YourKarma: 6:39am On Dec 14, 2023
Helinues, FreeStuffsNg, yarimo will never be seen on this thread
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by annyz: 6:39am On Dec 14, 2023
Where is Reno Omokiri when we need him most?

Where is FFK?

Where are it will better for my family crews?

Come to the market square ⬛ and talk to us please.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by InvertedHammer: 6:42am On Dec 14, 2023
/
The case for naira is becoming increasingly hopeless. Every indices that point to weak US$ against other currencies are in place yet naira depreciates against US dollars. Fed Chairman Powell signalled halt in interest rate hike. US10Y dived. US dollar index dived and our naira remains weak. Interesting time indeed!

An average Nigerian scrapping and earning minimum wage in US/Euro zone is now a multimillionaire in naira cool and will be ok if s/he can plan life well. It is safe now to start gunning for N2000 / $ as the next target.

/
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by DAVIDELUXED: 6:44am On Dec 14, 2023
nedekid:
Stay there and be finding excuses.
No not export but pound was 240-250 for 16 years. No net export but dollar in 16 years was but ween 100 to 150.
words of wisdom there. at the rate the country is crumbling , sooner or later most counties will avoid Nigeria.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by OKORONKWOBRIGHT(m): 6:46am On Dec 14, 2023
Which way Nigeria
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by nedekid:
nnewsnjobs:
So those wonderful policies, when will we start seeing their results?

Or was it the usual bragging.
The wonderful policies is bringing results.
Nigerians are getting poorer daily.
I bought $4000 PTA for ₦1.68m around this time last year.
Today to buy $4000 will cost ₦4.8m!
Yet Nigerians will see this apc gang of criminals, destroyers, recessionists and instead of stoning, be shining teeth, hoping some elusive policies will work.
The earlier some facts are realised the sooner the emancipation.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Jmarjr(m): 6:48am On Dec 14, 2023
FitCorper:
Try and learn how to trade USDT/NGN on Binance p2p. E get why.
How do I start? Can we link up?
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by sukkot: 6:55am On Dec 14, 2023
WHY is worldremit exchanging at 866

Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Prdluxe(m): 7:04am On Dec 14, 2023
Tinubu) ought to have improved easy of doing business and make local production favourable for floating naira
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Josywhyte: 7:11am On Dec 14, 2023
All these boil down to the useless and incompetent government that we have...what a shameful country
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by 123papas(m): 7:26am On Dec 14, 2023
Some agbadorians said Naira will rise in December when those in diaspora send money for Xmas.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by seguno2: 7:28am On Dec 14, 2023
Okirinwankwa76:
Naira falls to N1260/$ in parallel market

https://www.vanguardngr.com/2023/12/naira-falls-to-n1260-in-parallel-market/
Ẹ lọ fọkàn balẹ̀, Emilokan Buhari III is in charge of things as Ẹnikanlomọ shege chokes our people.

Let’s be patient with him for the short term goal of N300 to a dollar that is going to happen soon.

World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

Tinubu, during his campaign, said he would harmonize the fiscal and monetary policy to achieve immediate stabilisation of the value of the naira against the US dollar.

The President-elect said he would work with the Central Bank of Nigeria (CBN) to bring down the exchange rate to N200 in his first term.

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years,” Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by blesdman(m): 7:30am On Dec 14, 2023
olaniyilukman:
As Asiwaju continue in his mission to destroy Nigeria, May God destroyed everything all his cronies has accomplished..
I wish such prayers work. They don't work. If u want them destroyed, act and destroy them...
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by FireUpNow(m):
Una just dey talk as if the US dollars and the Nigerian Naira be classmate. What do you guys expect when your govt knows nothing else than to borrow borrow from different countries and international financial institutions. No production, always importing goods. The govt is a master of embezzlement and corruption.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by blesdman(m): 7:32am On Dec 14, 2023
Chetas81:
I LOVE THE WAY WESTERNERS KEEP ON USE THEIR BLACK AFRICANS SLAVE AND THEIR BRAIN 🧠 KILLED YOUR CORRENCY TO LABOUR FOR DOLLARS, IS YOUR PRIORITY, ZOMBIE EVERYWHERE ACROSS NIGERIA
So annoying...I ask a question. UK don't export much how come their currency has been stable against the grēenback
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Bfly: 7:32am On Dec 14, 2023
Dollar is squeezing life out of Naira.
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by DKM123: 7:32am On Dec 14, 2023
Sigh...... Shege promax hasn't even started. Una go hear wiiiiin!!!!
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by callmevirus(m): 7:34am On Dec 14, 2023
They're busy calling us agbado miscreants when we are enjoying everything

I changed 1 dollar to 25naira this morning
Bought fuel 15naira this morning
Even animals in aso rock that was budgeted 201b naira no enjoy pass us

We're receiving free food every morning

Peter Obi will never become Nigeria President
We are enjoying Tinubu promax shege
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by Itzteewhy(m): 7:42am On Dec 14, 2023
Where are those useless agbadorians miscreants? You won't see them near this thread ooo.... Very despicable lots.

When you read through front hardly will you see good and optimistic news about this countryside and yet they want to you to Believe that their useless oloriburiku Tinubu is changing this country..

They gaslighted us during buhari regime that he's coming to bring change to this country now 8 fucking yrs later this country is as is.. no change whatsoever and they would tell you he performed..pls which performance?? Any achievement that doesn't benefit the common citizens is useless as anything...
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by imoowo(m): 7:55am On Dec 14, 2023
It's like the is farming in the Land
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by fineboynl(m): 7:59am On Dec 14, 2023
What PDP couldn’t destroy in 16 years. It took bala blue 6 months
Re: Naira Falls To ₦‎1,260/$ In Parallel Market by BeanmanX(m): 8:03am On Dec 14, 2023
I'm even surprised that it's not up to 1500 yet
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