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Nairaland Forum / Nairaland / General / Business / Naira Drops At Parallel Market, Closes 900/$ At Official Window (19801 Views)
Naira Falls At Parallel Market, Appreciates In Official Window / Naira Trades At ₦1,730/$ At Parallel Market / Naira Continues Free Fall On Official Window, Trades N1482.57/$ (2) (3) (4)
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Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Alhajikd: 6:12am On Jan 26 |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Mandem2: 6:13am On Jan 26 |
oliverwrites:I think what people are saying is that the government policies so far has no benefit to the common people and this is what most of them expected. I don't think anyone is praying for the government to fail. If the government fails then Nigeria fails and I believe nobody in Nigeria wants that to be the case. 4 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Zeebuy: 6:13am On Jan 26 |
Bad news since Bulaba took over. My Yoruba brethren who occupied Ojota are nowhere in sight to protest. Nigeria isn't a real country. Divide this shithole or go back to regional government otherwise you guys will keep running round in circles 10 Likes 2 Shares |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Angelfrost(m): 6:13am On Jan 26 |
oliverwrites: In simple and basic Grammar, punctuation makes a whole world of difference! "It is senseless to be honest" and "It is senseless, to be honest" mean two totally different things. I believe you were aiming for the latter, in your response. 6 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Angelfrost(m): 6:15am On Jan 26 |
Mandem2: Nah... Certain Nigerians earnestly desire to see Tinubu's administration fail woefully. For such people, it validates their conviction and belief that he is unworthy of that position, and they are ready to lose everything of value to them just to be proved right. Then again, if you look at it, it feels like Karma! Tinubu, at one point in the past, never wanted his President to succeed in anything. 5 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Zeebuy: 6:15am On Jan 26 |
SeeWahala:The naira will eventually settle between 1600 to 1700 on the parallel market. It's a pity people are supporting a man who doesn't know the importance of statistics 3 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by gentlesmithugo(m): 6:16am On Jan 26 |
It has never being this bad.the country is gone 4 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by oliverwrites: 6:17am On Jan 26 |
Mandem2:What he said was Let them loud the hunger with hyperinflation, na them go still suffer-am. Soon, many will start eating 0-0-1 per day. That is definitely someone wishing ill on the country. I am sad the way things are and I dislike Tinubu and firmly believe he is a crook but seriously, why pray ill on the country because I do not like the president? How does the country burning benefit me and makes me happy ( unless I am someone who likes benefiting from the pains of others which is not the real way to true happiness) |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Treadway: 6:17am On Jan 26 |
Angelfrost: Sukkot my chief, remember this our convo on Nov 4, 2023? Feb 4, 2024 will make it 3months, and that is just around the corner. Lol sukkot:my response was Treadway: 5 Likes 1 Share |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Urgent1Million: 6:17am On Jan 26 |
Nothing unexpected here. Until we begin to spend Nigeria's money in Nigeria, the naira will keep diving. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Zeebuy: 6:18am On Jan 26 |
Angelfrost:No one wil be complaining if he's performing. Even Tinubu himself knows he's going to fail. How can you expect a man who said, "na statistics we go chop" to improve your country? Even a layman knows the importance of statistics. Just 6 months into his tenure and everywhere is already upside down while people like you blame the masses for "desiring tinubu's administration to fail". Pesin thief something, he no know how to properly use the thing wey em thief. Na now you dey see the effects. Una go suffer 5 Likes 2 Shares |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by oliverwrites: 6:18am On Jan 26 |
Angelfrost:WOW, I am impressed. My first instinct was to argue with you, fortunately, I held back and read my own sentence again and you were spot on. Thanks man. P:S: If you need a route job as a proofreader/editor with as much as 200k per month and flexible work hours, please contact me. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Kennyswag: 6:20am On Jan 26 |
I don't care about dollar because all the money in my accounts is in naira. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Alhajikd: 6:21am On Jan 26 |
oliverwrites:Oga , you are the one that is senseless here. You deliberately voted in a renowned criminal and a thief because of tribalism and you are expecting the sensible one to be praising and praying for the economy to be OK abi? Nobody is wishing Nigeria any badluck. In short, you are your like are the one wishing Nigeria badluck because of una myopic and foolish sentiment. Swerve joor 12 Likes 2 Shares |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Mandem2: 6:22am On Jan 26 |
damosade:We are in this until 2027. If things don't start getting better, then the common people should be ready to fight for a change in government. APC will not go down without a fight in 2027 even if they have performed badly up on till the 2027 elections. 3 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Angelfrost(m): 6:22am On Jan 26 |
Righthussle: Well... Technically, the Naira is RISING... Just in the wrong direction. 2 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Kennyswag: 6:23am On Jan 26 |
90% of nairalanders that will comment on this thread earn in naira, just like the vast majority of Nigerians. But na them go talk rubbish pass |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Alhajikd: 6:24am On Jan 26 |
oliverwrites:You are the one that is senseless here for voting a useless criminal thinking that he is the solution to Nigeria problems. Zombie 7 Likes 2 Shares |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by SeeWahala: 6:25am On Jan 26 |
Zeebuy: No no no, he knows the importance of statistics . . . . He just doesn't deem it fit to be EATEN that's all |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by femarse: 6:25am On Jan 26 |
oliverwrites: It's not a game of wish, that you have come here to make noise about you earning in dollars has not make you sensible either , you don't wish things into happening , they said if wishes are horses , beggers would ride , they are telling you , this is the effect of making the wrong decision during election , do u want them to wish the dollar down to $1 per #1 ? , you want to hide the fact that the entire government crew are clueless and not fit for govt, as a matter of fact, they are just rolling along with the dice, they are not doing anything whatsoever to control how the dice roll, the only good thing they know how to do is come with propaganda on how Nigerian stock exchange is the number 2 in the world , since when did that type of news bring down inflation? 8 Likes 1 Share |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Badgers14: 6:25am On Jan 26 |
We know what is right to bolster naira and improve the economy but we won't do it.. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by oliverwrites: 6:25am On Jan 26 |
Alhajikd:Some of you are so daft and so deep in generalisation. Please show me where and when I voted for Tinubu or even lobbied for votes for him. Use your head, if the content of it is not ice cream, expired ice cream. I repeat, praying ill on Nigeria is senseless. A good amount of the elites in this country don't like Tinubu and I definitely do not like him but how does it profit me if I pray for his failure? Is that difficult to understand? 2 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by HNICEARTH: 6:26am On Jan 26 |
Sijo01: Shettima will handle security 1 Like |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Zeebuy: 6:27am On Jan 26 |
SeeWahala:hahahahahaha.....kuku kii me 2 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by oliverwrites: 6:28am On Jan 26 |
femarse:Let them loud the hunger with hyperinflation, na them go still suffer-am. Soon, many will start eating 0-0-1 per day. This is what he wrote that I replied to. Now read that slowly and tell me ( as you people are often quick to compare to America ) if an American would have written that or if a British would have. Go on. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by Angelfrost(m): 6:28am On Jan 26 |
Kennyswag: Yeah... That would have been great if your nation was not so import-driven. If we all exported valuable commodities and produced all we needed in Nigeria, the demand for the Dollar would have been very low, ergo a massive bridging of both Currency values. This was how things were in the 70s and even the 80s. So, your purchasing power is declining rapidly with the value of your currency because inflation is galloping along with everything... The value of your Naira savings practically declines per hour, right now. 2 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by gladdensir(m): 6:29am On Jan 26 |
oliverwrites: There's nothing worthy to say he is senseless here, he's just reminding you people of your ignorance. 2 Likes |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by HNICEARTH: 6:31am On Jan 26 |
oliverwrites: Wether he prays or not, wish or not, it will never affect the exchange rate. Economy knows no prayer, knows no wishes and listens to no propaganda. Stop gas lighting the fella. Hold Tinubu accountable. Call him out let him get to work and fix the economy. This fella's prayers and wishes are not the reason why dollar is exchanging at 1400. 8 Likes 2 Shares |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by oliverwrites: 6:33am On Jan 26 |
Angelfrost:Exactly this. Absolutely f*cking spot on. |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by bewla(m): 6:33am On Jan 26 |
Arobaga:steady falling |
Re: Naira Drops At Parallel Market, Closes 900/$ At Official Window by ogawisdom(m): 6:35am On Jan 26 |
Jeez black market will get to 2000 with speed. Everyone should convert their money into USD like the politicians and chill |
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