₦airaland Forum

The naira yesterday depreciated to N1,565 per dollar in the parallel market from N1,510 per dollar on Tuesday.

Similarly, the naira yesterday depreciated to N1,503.38 per dollar in the Nigerian Foreign Exchange Market (NAFEM).



Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,503.38 per dollar from N1,499.07 per dollar on Tuesday, indicating N4.31 depreciation for the naira.

As a result, the gap between the official and parallel market exchange rates widened to N61.65 per dollar yesterday from N10.93 per dollar on Tuesday.

https://www.vanguardngr.com/2024/02/naira-depreciate-to-1565-in-parallel-market/

That you can grab it, snatch it and run away with it doesn't make you a good leader. Ebola Tinubu is the worst calamity to have ever befallen Nigeria. Man is a disaster in everything.

What exactly is tinubu trying to achieve.

2 tansand ni a lo.

On your mandate we shall stand

Ijoba buruku,Ijoba asetani

And falling continues until forever.........

This is worrisome

Nigeria is going down too fast, why Tinubu?

Ebin pa wa oooooo

Lagos Magician, has the yours gods left you?

You built Lagos... You are destroying Nigeria

Where those him mum u supporters self?

Clueless and confused government

Tinubu the God sent president, the civilian general, the man will balls of steel, a male man

If this was to happen when a person from so called minority was in power Nigeria would been burning

The presidency has what it takes to rule Nigeria, the combo of Jagaban and Shettima

"un toro con pelotas grandes"

This is very sad.......

happney65:
2 tansand ni a lo.

On your mandate we shall stand

Ijoba buruku,Ijoba asetani

Are you Yoruba?

At 1500, I think it is only noble for tinubu to start defending naira. Let the exchange rate be stable for one year and we can move on from this black market rubbish.
Help us Mr. President.

marenkurz:
At 1500, I think it is only noble for tinubu to start defending naira. Let the exchange rate be stable for one year and we can move on from this black market rubbish.
Help us Mr. President.

seems it is showing signs of stability, cos it hasn't crossed 1500 for two weeks now, and the parallel and official market gap is no longer wide. Once cbn clears the remaining 2.8b forex debt. They can starting interfering by boosting liquidity which will in turn make naira appreciate.

Shege after shege (×2)


After shege after shege

ORIENTATION101:
seems it is showing signs of stability, cos it hasn't crossed 1500 for two weeks now, and the parallel and official market gap is no longer wide. Once cbn clears the remaining 2.8b forex debt. They can starting interfering by boosting liquidity which will in turn make naira appreciate.

Well, it is almost N1600 . SNATCH it and run with it.