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Naira Depreciates To 1565/$ In Parallel Market - Business (2) - Nairaland

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Re: Naira Depreciates To 1565/$ In Parallel Market by Artscollection: 8:28am On Feb 15, 2024
EmeeNaka:
People in the North are eating grass already, according to the news.
Muslim_Muslim ticket.
Grass is healthy!!! Everyone must get or purchase common sense after this madness.
Re: Naira Depreciates To 1565/$ In Parallel Market by twosquare(m): 8:28am On Feb 15, 2024
Are you spending in dollars
Re: Naira Depreciates To 1565/$ In Parallel Market by ufotunang: 8:29am On Feb 15, 2024
This is just February 2024?...1565 naira to a dollar .then by December 2024 ..what will it be ?
Re: Naira Depreciates To 1565/$ In Parallel Market by TheAlchemist: 8:29am On Feb 15, 2024
JAGABAN now is the time to read the riot act to the CBN governor
Re: Naira Depreciates To 1565/$ In Parallel Market by Akwamkpuruamu: 8:30am On Feb 15, 2024
badoh:
Please save us from this naira depreciates news everyday. Should we kill ourselves because Naira keeps depreciating? If you have better strategy and knows more than those incharge of fiscal and monetary policies, go and assist them.
You will go and assist who never sought for your assistance or who's been paid to work and you aren't?

Monkey go work Baboon go de chop! Never!!
Re: Naira Depreciates To 1565/$ In Parallel Market by Franklyspeakin: 8:30am On Feb 15, 2024
Wahala is coming
Re: Naira Depreciates To 1565/$ In Parallel Market by Ayblast: 8:30am On Feb 15, 2024
This is serious, I'm starting to think this government has run out of ideas, everything they have have tried to stop further slide of the naira have proven to be just temporary, at this juncture, only God can save us.
Re: Naira Depreciates To 1565/$ In Parallel Market by EmeeNaka: 8:30am On Feb 15, 2024
Robinmido:
Stop it. It's not funny
Really?
You mean Muslim_Muslim ticket is not responsible?
Re: Naira Depreciates To 1565/$ In Parallel Market by bnanny: 8:31am On Feb 15, 2024
Re: Naira Depreciates To 1565/$ In Parallel Market by nedekid: 8:31am On Feb 15, 2024
This charlatans are destroying the country. In other places the government will resign. This is economic terrorism! Iran, Venezuela did not have their economies destroyed like this so suddenly despite all the sanctions placed on them. Russia with the most devastating sanctions, the war been fought, their economy has not destroyed as that of Nigeria.
Re: Naira Depreciates To 1565/$ In Parallel Market by Rebuke: 8:31am On Feb 15, 2024
I just hope we won't wake up one morning to meet it at 2k per dollar 🥱🥱🥱🥱🥱🥱
Re: Naira Depreciates To 1565/$ In Parallel Market by QuinModah(f): 8:31am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
You are here shouting if something is not done immediately. You should be out there with a placard
Re: Naira Depreciates To 1565/$ In Parallel Market by Livingstone124: 8:32am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
This i have seen.
Re: Naira Depreciates To 1565/$ In Parallel Market by femicyrus(m): 8:32am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
When we get to 5000. Naira, everyone go rest
Re: Naira Depreciates To 1565/$ In Parallel Market by specialmati(m): 8:32am On Feb 15, 2024
grin grin grin grin grin tinubu must make sure dollar hit 5000 before his tenure is over.any plan to remove tinubu from that seat fire fire fire 🔥
Re: Naira Depreciates To 1565/$ In Parallel Market by Inspirer1: 8:33am On Feb 15, 2024
This stuff is not working, why not just share it maybe it'll be easier to manage. undecided
Re: Naira Depreciates To 1565/$ In Parallel Market by ufotunang: 8:33am On Feb 15, 2024
If this floating of naira is not working....can't they look for another alternative solution.. another economic policy that can work out... what is the essence of Tinubu having economic teams, special advisers ?... what advise are they giving to him ?
Re: Naira Depreciates To 1565/$ In Parallel Market by Ayblast: 8:34am On Feb 15, 2024
True, we must stop voting along tribal lines, we must go for credibility and competence. Tinubu has taught us a bitter lesson.
HeadNigga:
Tinubu is really here to teach Nigerians to stop voting along religious and ethnic lines. This hardship should reset the brains of those saying "we will teach them a lesson" by 2027.

If by 2027 you guys don't lead the campaign to vote for a credible candidate, I will gladly vote for Tinubu so that the hardship will go on. We must learn a lesson
Re: Naira Depreciates To 1565/$ In Parallel Market by Inspirer1: 8:34am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
December ke, at this rate probably between now and the end of March it'll touch it.
Re: Naira Depreciates To 1565/$ In Parallel Market by coputa(m): 8:35am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
By December I am projecting 4000 naira to a dollar.

By March/April it should be 2000 naira to a dollar.

The nigerian cow is about to collapse and die

The only immediate measure to stabilize the naira is to reverse the fuel subsidy removal, without this all other policy measures will fail.
Re: Naira Depreciates To 1565/$ In Parallel Market by Inspirer1: 8:35am On Feb 15, 2024
HeadNigga:
Tinubu is really here to teach Nigerians to stop voting along religious and ethnic lines. This hardship should reset the brains of those saying "we will teach them a lesson" by 2027.

If by 2027 you guys don't lead the campaign to vote for a credible candidate, I will gladly vote for Tinubu so that the hardship will go on. We must learn a lesson
Yes o, he has taught majority of us lesson not to
Re: Naira Depreciates To 1565/$ In Parallel Market by Southwestidiot: 8:36am On Feb 15, 2024
UDOKABESTLUV:
Source: https://www.vanguardngr.com/2024/02/naira-depreciate-to-1565-in-parallel-market/
It's not new to me, in 2016 I had a dream some one told me to save my money in dollars that the naira will sell for more than 750 to a dollar. Now at the end of 2023 I dreamt that the naira was selling @2,668 to a dollar. The suffering is just warming up, brace yourself for the worst.
Re: Naira Depreciates To 1565/$ In Parallel Market by Duelee: 8:37am On Feb 15, 2024
Nawa o for this country!

Dollars dey hot

Yoo! Guys. I'm presently buying LinkedIn accounts. WhatsApp M 0:7:0 3.6 1.9 61 84
Re: Naira Depreciates To 1565/$ In Parallel Market by livinbygrace: 8:38am On Feb 15, 2024
This Jagbanjatis na oloriburuku somebody abeg make kaki boys do the needful.
Re: Naira Depreciates To 1565/$ In Parallel Market by nairalanda1(m): 8:40am On Feb 15, 2024
coputa:
By December I am projecting 4000 naira to a dollar.

By March/April it should be 2000 naira to a dollar.

The nigerian cow is about to collapse and die

The only immediate measure to stabilize the naira is to reverse the fuel subsidy removal, without this all other policy measures will fail.
Reversing fuel subsidy would only make us spend more government income on subsidy, make us borrow to fill in the deficit related gap, and then we would reach a point where there is no more money.

The thing is, we should diversify our economy and raise income from taxes to pay for subsides.
Re: Naira Depreciates To 1565/$ In Parallel Market by ahmedio2017(m): 8:41am On Feb 15, 2024
HeadNigga:
Tinubu is really here to teach Nigerians to stop voting along religious and ethnic lines. This hardship should reset the brains of those saying "we will teach them a lesson" by 2027.

If by 2027 you guys don't lead the campaign to vote for a credible candidate, I will gladly vote for Tinubu so that the hardship will go on. We must learn a lesson
Now the question is who is this credible candidate?
Re: Naira Depreciates To 1565/$ In Parallel Market by Sicilyjoe: 8:41am On Feb 15, 2024
Omihanifa:
If something urgent isn't don't to prevent the slide. We should be looking at 2000 naira to a dollar by December.
How can u say dec for dollar to hit 2k is like u are not following up, with this rate it won't pass june and dollar will hit 2kplus
Re: Naira Depreciates To 1565/$ In Parallel Market by HeadNigga: 8:42am On Feb 15, 2024
ahmedio2017:
Now the question is who is this credible candidate?
dey play. Once I mention a name you don't like now the tribal and religious game will begin. Whoever you guys want we vote for him. We must learn a lesson
Re: Naira Depreciates To 1565/$ In Parallel Market by gidyambi(m): 8:43am On Feb 15, 2024
Know Your Salary Equivalent in Dollar:

N30,000 - $20
N40,000 - $26.66
N50,000 - $33.33
N60,000 - $40
N70,000 - $46.66
N80,000 - $53.33
N90,000 - $60
N100,000 - $66,66
N200,000 - $133.33
N300,000 - $200
N400,000 - $266.66
N500,000 - $333.33

You can see from the list that Nigerian workers are doing charity work for the government.
Re: Naira Depreciates To 1565/$ In Parallel Market by Pennilessword1: 8:43am On Feb 15, 2024
handsomeyinka:
Not looking nice ...

Nigeria's are weeping....
Oga na u vote APC that year na
Re: Naira Depreciates To 1565/$ In Parallel Market by femicyrus(m): 8:44am On Feb 15, 2024
I am beginning to think that the mandate given to the CBN governor is to frustrate Nigerians trying to japa.
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