Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,151,445 members, 7,812,349 topics. Date: Monday, 29 April 2024 at 12:05 PM |
Nairaland Forum / Nairaland / General / Business / Naira Hits Record Low Of N1960 /EUR1 At The Black Market (12258 Views)
Naira Falls To Record Low Of N1,515 /$1 At The Black Market / Naira Hits Record Low Of N1,348.63 /$1 At The Official Market / Naira Hits All-Time Low Of ₦1,152/$1 In Black Market (2) (3) (4)
Naira Hits Record Low Of N1960 /EUR1 At The Black Market by References1: 1:07pm On Feb 22 |
The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N1960 per Euro, driven by persistent demand pressures that continue to erode the currency’s value. https://nairametrics.com/2024/02/22/breaking-naira-hits-record-low-of-n1960-eur1-at-the-black-market/?fbclid=IwAR1Gse9WbEfwhT_9z2qaYMPcOjdTShK_adyJGvhUjudkR-UC7jGRKOHC3gI 1 Like
|
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by AqualinaXYZ: 1:07pm On Feb 22 |
When people been dey panick yesterday dey sell their dollars and coins I just dey laugh Some even sold their coins as low as N1400 per dollar Deep down I wasn’t worried because I trusted Tinubu’s dumbness and foolishness never to have a solution Bet me dollar is hitting 2500 before end of February If you like go Mumu sell your bitcoin and dollar thinking Tinubu has a solution 88 Likes 7 Shares |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by money121(m): 1:12pm On Feb 22 |
Ok |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Parydelegate: 1:12pm On Feb 22 |
This naira sef they confusing...today naira gains. Tomorrow it hit record low. No definite solution in sight. All this amala policies on naira is not helping at all. If naira was to be a human being....I can imagine how wretched it would be by now. May God help us. 23 Likes 2 Shares |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by paskal16: 1:13pm On Feb 22 |
E be like say dollar/euros and pounds go enter 2025 before us oo 42 Likes 2 Shares
|
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Racoon(m): 1:13pm On Feb 22 |
Naira now floating like feather on top water. So much economic damage with it attendant toll on the populace while him and his zombies think it by raiding burea de change and blocking crypto that is the panacea. Extremely myopic and foolish people. 16 Likes 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by israelmao(m): 1:13pm On Feb 22 |
This is really incredible!Where is APC's campaign promise of #1 to $1?Buhari took his exit leaving Nigeria worse than he met it.Tinubu is more than ready for 2027 presidential election because his dollar savings when converted to Naira as well as stolen funds from public coffer is more than enough for campaign.The only thing that can stop Tinubu's second term is Nigerians' solidarity against age-long slavery and oppressions. 21 Likes 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by chopnaira: 1:13pm On Feb 22 |
No wonder my pepper seller at Zaria was asking for payment in Euros 7 Likes 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by jumper524(m): 1:13pm On Feb 22 |
Yesterday the naira to euro hit a record low of about 2k plus.. Same yesterday we clearly understood the idea that demand and supply wasn't the real reason for the high rate but rather negative speculation as reported here in this report. If it traded @2067 yesterday and today traded @1960 what is the record low your talking about then today? I'm neither pleased at such rates though but then you don't turn a bad situation to a rotten one. You don't keep speculating negatively. When platforms are advertising at different rates, you look for the cheapest one and advertise not the highest one in other to trigger out cry. No sane person except saboteurs are happy about it. Yesterday gazzeth papers was publishing how pure water bag sold for 630 in ijebu ode( my mama village)? While a piece of pure water sold for #30. Do the maths if we have 20 pieces, It's not logical at all. I put a call through to my aunt there and she told me they are complaining bitterly how it moved from 250 to 300naira. Bit gazeth said 600 and nairaland posted on from page Same thing with rice. Until a Twitter user started selling for 65k in Lagos, the rice was even getting to 100k by speculators. Julius abure even said 120k from no where. Imagine the gap difference 65k to 120k. We need to stop giving platforms that advertise exorbitant rates publicity while we trend those selling much cheaper. 8 Likes 1 Share
|
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by christejames(m): 1:13pm On Feb 22 |
Tinubu abeg buy rope make we tie this dollar na Where e dey run go? Govt of trial and error, patch patch govt! 6 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Bfly: 1:13pm On Feb 22 |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Sumerians: 1:13pm On Feb 22 |
References1: Now go after euro speculators 1 Like 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by EdiskyHarry: 1:13pm On Feb 22 |
Tinubu came to steal, to kill and to destroy. To all the people in this present government and Their supporters, may God punish you all with a painful death. 5 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Meti99(m): 1:14pm On Feb 22 |
Fss |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by ojonugba2014(m): 1:14pm On Feb 22 |
This is just the beginning We are just getting started. Tinubu 4X4 😂 6 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by bigdammyj: 1:14pm On Feb 22 |
Noted. |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by superlanny(m): 1:14pm On Feb 22 |
If we talk now, some CLUELESS people will say Binance was blocked to stop the further fall of Naira, people are just carry empty brains everywhere and should be banned from thinking because they just end up embarrassing themselves more. NAIRA will continue the free fall and it won’t stop because the clueless govt banned Binance. Just watch and see how this useless currency will perform in 2 weeks. Just dey play!!! 4 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by iwaeda: 1:14pm On Feb 22 |
References1:Tinubu built Lagos, he built men, then to build Nigeria rain started. 12 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Sabadon(m): 1:15pm On Feb 22 |
And cardoso is still CBN Governor 5 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by PheelzAlmighty: 1:15pm On Feb 22 |
Welcome to Nigeria. The hell away from hell 6 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Crimecity: 1:15pm On Feb 22 |
Clilic Marin howfa? 9 Likes 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by sadiktofa(m): 1:16pm On Feb 22 |
What a befitting amount, 1960. Does it reminds you any date? Lol 8 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Skillsnigeria: 1:16pm On Feb 22 |
hmmm 1 Like |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Irupetepete: 1:16pm On Feb 22 |
This currency wahala, some power are in play 1 Like 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Ckonnet: 1:16pm On Feb 22 |
The only currency that requires an ak 47 wielding idiots with their cohorts at the top to defend.wahala dey oo!! Aboki as dumb as we all think they where never this naive. 2 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Offpoint1: 1:16pm On Feb 22 |
Bulaba he's doing. If imagine if Obi was the president Maybe Obi lose was God's will, so that zombie will see the emptiness of master strategist and Lagos builder. If it continues free falling like this on daily, then in 3 years time Emilokan will take it to 1$ = N150,000 or more. By that time a cup of garri will be 30m 7 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by D4gmail1: 1:16pm On Feb 22 |
TissueNaira . There is no magic that can be done, what do you expect when your politicians are borrowing Dollars from foreign institutions with reckless abandon? Both interest and capital has to be paid in Dollars. By the way the loans were not used to create assets but to lavish it on unnecessary expenses. 4 Likes 1 Share |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by streetfabulous: 1:17pm On Feb 22 |
Blame Binance . Nonsense and Ingredients. 5 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Ckonnet: 1:18pm On Feb 22 |
Sabadon: Pride no go allow his handlers to sack him. As it stands na pride want kill naija last last if not they should reverse most of their policies. 9 Likes |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Tonididdyx: 1:18pm On Feb 22 |
Ohkpari 1 Like |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Primusinterpares(m): 1:19pm On Feb 22 |
Is this what record low means? |
Re: Naira Hits Record Low Of N1960 /EUR1 At The Black Market by Jflex07(m): 1:20pm On Feb 22 |
Wahala pro max! 1 Like |
Femi Otedola’s Net-worth Rises To $1.2 Billion, Rejoins Forbes Billionaire List / Buhari's Government Gives Loans To 23,400 Beneficiaries / Tips: Becoming A Distributor Of Goods
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30 |