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Nairaland Forum / Nairaland / General / Business / Naira Hits Record Low Of N1,348.63 /$1 At The Official Market (19120 Views)
Naira Hits Record Low Of N1960 /EUR1 At The Black Market / Naira Falls To Record Low Of N1,515 /$1 At The Black Market / Naira Hits All-Time Low Of ₦1,152/$1 In Black Market (2) (3) (4)
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Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Ethanuella: 11:50pm On Jan 29 |
Hezzyluv:Ha!!! 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by joseph1832(m): 11:56pm On Jan 29 |
hardon1:what about Gold, Tin, Copper and other solid minerals? Corruption is really what kills this country. 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Konquest: 12:05am On Jan 30 |
Nemere2020:Sixth time Naira crossed the N1,000/$ threshold. This latest depreciation marks the sixth time the Naira has breached the N1,000/$ threshold, highlighting a persistent trend of weakness. The first instance occurred on Friday, December 8th, 2023, when the currency reached a historical low of N1,099.05 per dollar. This was followed by a brief reprieve before a second depreciation on Thursday, December 28th, 2023, closing at N1,043.09 per dollar. These developments represent a significant turning point for the Naira. |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Rumundele(m): 12:10am On Jan 30 |
Oh God 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Nahunger(m): 12:17am On Jan 30 |
Tntsi: Rest, no be every thing you go dey find who to fault, the president is the political head of the country but there are stronger players behind the scenes. |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 12:20am On Jan 30 |
Before weekend naira will bounce back, $500 m was released today to clear backlogs enemies of Nigeria wants dollar to go back to 1k over night , see the bitterness as comments from page 1-4 I would love this country to be divided let everyone go and develop his region. They praise their leaders to be the best yet they can’t stay there and develop it . When naira bounces back they’ll still give excuses. Before dec when dollar will crash further you all will go back to your vomit 🤮. No be only cursed mandate na stolen mandate . Because you lost an election people will not hear word again everything will turn to bitterness. |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by occfx: 12:22am On Jan 30 |
Treadway: I am no longer hearing Ronu and political lesson 101. I think we are heading to banza level straight... Let's be watching. At least I am sure nobody will protest for now because, Igbos aren't prepared for any protest. Before March, hell fire banza will be unleashed. 4 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 12:23am On Jan 30 |
Bigchristo: Your messiah is part of the people killing the naira with importation rest |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 12:27am On Jan 30 |
clems88: Please tell me one good leader that should be voted for with track records? Aside from NOI , aakinwumi Adeshina, Sanusi which other ones ? Don’t tell me that packaged Agulu man is what you’re clamoring for I’ll rather stay neutral than vote him . |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by bluefilm: 12:28am On Jan 30 |
Tntsi: Don't mind that idiot Him and the rest of them, they will all learn the hard way 2 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Bobloco: 12:30am On Jan 30 |
anonymous1759: Your concern is Peter Obi, While Tinubu is wrecking the country 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Calitoscassius(m): 12:38am On Jan 30 |
Where are all those fools listening to World bank's kangaroo predictions? I told them that world bank were mocking Naigeria by making them believe that Naigeria's economy is growing.. Anyway, na statistic pesin go chop? Arcoding to Tifnubu. 2 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 12:40am On Jan 30 |
Bobloco: My concern is the hate spilled my by OBIDIENTs they’re too toxic , quote me back by Friday or sat if the dollar does not crash by the time the $500 m would’ve gone round . You guys crave for bad news so you can call out Tinubu for how long ? 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by ogolemati: 12:41am On Jan 30 |
Eriggs:in the land of magic the destiny of a great nation rest on the shoulder of a first class criminal,his name is 2 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Blaze14k: 12:41am On Jan 30 |
anonymous1759: You are clearly the enemy of this country cos u allow this kind of hardship to go on. Do you know the implication of this steady increase to our economy. You are a criminal and it's clear u r not in touch with reality. Crazy people 2 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by wealthyvic1: 12:46am On Jan 30 |
Blaze14k: This is just the beginning. N2024 to a dollar loading Enjoy |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by TheOgaBoss: 12:53am On Jan 30 |
anonymous1759:how much are u guys receiving to shamelessly come online and spread propaganda for an administration that has obviously failed woefullyy? 5 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 12:55am On Jan 30 |
Blaze14k: Rest , you’re the real enemy tasty for bad news , how to do expect the naira to gain within 24 hours significantly? Give it time at least 5 working days that’s now normal people behave . Everything is not politics. You Can’t expect naira to go Back to normal at once . When you try to be rational your likes Will call us evil. Before the end of the year if Dangote, Warri and delta refineries starts selling, and dollar is still up then you can criticize because the pressure on naira will reduce because we buy fuel locally . I can remember When some of you said Dangote refinery will take two years to work but today you guys have nothing to say . I gain nothing from complaining and being negative I rather stay positive , everybody can’t be bitter like you . 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by anonymous1759(m): 1:02am On Jan 30 |
TheOgaBoss: We know your likes, tell me how many ingenious industries your messiah pioneered as a governor? If I campaign against someone like NOI and Adeshina then I can agree to be biased not for a packaged failure you’re crying about . The only thing you guys know is to insult single proof you don’t have to back up your candidate. gather what you’ll use to campaign in 2027 emotional blackmails don’t work anymore if BAT fails I rather stay neutral than support a known failure as a governor. |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Yankee101: 1:04am On Jan 30 |
It’s a shame Tinubu and his team failed out the gate The UK prime minister Liz Truss resigned not long after swearing in for enacting terrible policies These ones are entrenching themselves and doing more harm like using 12bn$ oil to pay for 3bn$ loan 5 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Brushstrokes20: 1:08am On Jan 30 |
Despite 500 million dollars cleared backlog?.. # the more you look, the less you see 👀👀👀👀 The shyyythole from fry pan to fire! 🔥🔥🔥🔥🔥 3 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Konquest: 1:09am On Jan 30 |
scally11: |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by newnigerdelta00: 1:09am On Jan 30 |
Tntsi: You are stupid... Tinubu is not the cause of your downfall , dollar rise but yet people are building mansions, your church buying private jets building School with high fees,my Guy go hustle |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by nedekid: 1:49am On Jan 30 |
. 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Blaze14k: 1:51am On Jan 30 |
anonymous1759: Speaking of dangote refinery I started following his ambition when he wanted to build it at ondo state. The problem I have with u guys is that u tried stealing dangote glory through tinubu. For you to actually depend on dangote refinery to start working before the naira can stable shows that tinubu don't know what he is doing. It's a clear case of using makeup on a rough face. My point is without these industries u mentioned tinubu can't run the economy smoothly. And who told you that dollar can come as low as #900 even if those the refineries start working? Tinubu is trying but his efforts are not good enough. I was really expecting something so spectacular the way u people hyped him buh I wasn't surprised with what I saw when I did my research on him. No matter how he tries to make the country work people around will bring a bad image to his work cos the foundation he created is filled with bribery and corruption. How can he make a man like bagudu minister of budget and economic planner, a low-key criminal, abacha's finsec. Hmm dey play u people are sitting on a time bomb. The music go play when tinubu is done with his 8yrs Even dangote refinery u are praising is looking buy American oil and u know what that means, he will sale the end product at international rate to you. You guys should do some research and stop living on ignorance |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by pacificom: 1:52am On Jan 30 |
Our government are so passive in making laws that will affect the influential and the rich citizens, and consequently keeping the masses suffering and chastised to the benefit of the few rich ones in the country. It could have been so pragmatic for the federal government to scap the BDC and disable their association from having sway on the rate and distribution of hard currency, and allow commercial banks to fill the gap. Nigeria is a huge consumer of Dollar and we largely import many things into this country i.e drugs, electronics & computers, certain food items, textiles etc . But we are also a nation known for corruption and that is why their is no honesty in the way BDC operators are handling forex business to the consumers. Also majority of our SME institutions are in the category of importation. If government continue to turn a blinking eye on overhauling dollar distribution, most notably the prices of drugs and foods will keep rising and that will make our already fragile economy to be at risk of collapsing, and kill the prospect of growing the SME which is a key sector In building a strong economy. |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by obaidan: 1:55am On Jan 30 |
Essentially, approximately 742 dollars makes you a millionaire in Naira |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by obaidan: 2:02am On Jan 30 |
clems88:Nigerian voters are very difficult to comprehend, make we no call them dumb, if there's election tomorrow tomorrow like this, this government will still win, the Stockholm Syndrome no be here 3 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by nedekid: 2:21am On Jan 30 |
. 1 Like |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by nedekid: 2:26am On Jan 30 |
Konquest:It did testing testing before finally breaching the $1k mark. 1 Like 1 Share |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Honestey: 2:32am On Jan 30 |
Don't worry FG is seriously working to bring it down to $1 = N1 Cardoso is not sleeping, by tomorrow it will be 1$ = 1N 2 Likes |
Re: Naira Hits Record Low Of N1,348.63 /$1 At The Official Market by Tombrown3(m): 2:37am On Jan 30 |
newnigerdelta00: Yeah, tell them to go and hustle, they will soon kidnap your mother and sister and demand you pay them in dollars. You are broke shaming them in a country a minimum wage is 30k and a loaf of bread is 2.5k and bag of rice in the 59k. Karma is a bitch... Just be watchful. 1 Like |
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