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Dollars Collapsed In Black Market - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessDollars Collapsed In Black Market (3277 Views)

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Dollars Collapsed In Black Market by ryloy(op): 12:27pm On Feb 28, 2024
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.
Re: Dollars Collapsed In Black Market by Whalis: 12:29pm On Feb 28, 2024
Make I rush go change mine.
Re: Dollars Collapsed In Black Market by lexylaw09: 12:31pm On Feb 28, 2024
Oyaaaa....gbera
Re: Dollars Collapsed In Black Market by advanceDNA: 12:51pm On Feb 28, 2024
ryloy:
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.
Na Subsidy....

.naira did not gain anything
Re: Dollars Collapsed In Black Market by Truths9ja: 12:52pm On Feb 28, 2024
Will the reduction be maintained niii 🐦🐦🐦🐦
Re: Dollars Collapsed In Black Market by drlateef: 1:06pm On Feb 28, 2024
Dollar is actually 1320 today at black market. Check it online.
Re: Dollars Collapsed In Black Market by PARADIZEPRIEST: 1:22pm On Feb 28, 2024
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry
Re: Dollars Collapsed In Black Market by Putindbutt(m): 1:26pm On Feb 28, 2024
advanceDNA:
Na Subsidy....
.naira did not gain anything
No be only subsidy, pained wailers.
Re: Dollars Collapsed In Black Market by advanceDNA: 1:28pm On Feb 28, 2024
Putindbutt:
No be only subsidy, pained wailers.
Everybody na wailers.....

I nor get ur time......
Re: Dollars Collapsed In Black Market by FreeStuffsNG: 1:31pm On Feb 28, 2024
ryloy:
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.
It's doing N1300 in some locations at the moment.
Re: Dollars Collapsed In Black Market by KingKO22: 1:34pm On Feb 28, 2024
Glory be to God 💪

Nigeria shall be great again
Re: Dollars Collapsed In Black Market by KingKO22: 1:37pm On Feb 28, 2024
Is this the reason why Pandora Obituary was crying 😭😭😭

He pained him as the busted BDC operators In Enugu
Re: Dollars Collapsed In Black Market by worldclass68(m): 1:48pm On Feb 28, 2024
Thank God say I comot my ## yesterday ooo....
Re: Dollars Collapsed In Black Market by 9jatriot(m):
Not only that, shey he recommended that those who got form M at 1500 usd should be allowed to pay that amount even if usd gets to 2000, hope he will not start crying when CBN charges those people 1500 even if USD becomes 800?

Beyond politics, I do not see Obi as fit for leadership. He seems to be someone who likes to play to the gallery.

KingKO22:
Is this the reason why Pandora Obituary was crying 😭😭😭

He pained him as the busted BDC operators In Enugu
Re: Dollars Collapsed In Black Market by Hoelujohn: 2:03pm On Feb 28, 2024
advanceDNA:
Na Subsidy....

.naira did not gain anything
Werey? So na wetin dey make am rise before every 30 minutes
Re: Dollars Collapsed In Black Market by DevilsEqual(m): 2:04pm On Feb 28, 2024
advanceDNA:
Na Subsidy....

.naira did not gain anything
So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off
Re: Dollars Collapsed In Black Market by advanceDNA:
Hoelujohn:
Werey? So na wetin dey make am rise before every 30 minutes
The subsidy//control was removed ....opening the market to free manipulation.....

Read the news..the CBN just mandated BDC to nit sell above 1314N.....u cant mandate private sellers to sell their money without paying for the margin of fluctuation
Re: Dollars Collapsed In Black Market by DWickedLandLord: 2:09pm On Feb 28, 2024
Stockholm Syndrome is knee deep with some Nigerians

No wonder some of you go abroad n can't help but burst into tears.... realizing your whole life has been a lie. Pure Bamboozled
Re: Dollars Collapsed In Black Market by advanceDNA: 2:11pm On Feb 28, 2024
DevilsEqual:
So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off
Read the news naaa... CBN just mandated BDC not to sell higher than N1314....u cant control price without infusing cash to manage any fluctuations...

What's my business with those who bought high...if they like... make them lose...
Re: Dollars Collapsed In Black Market by Chinkoalhaji34: 2:17pm On Feb 28, 2024
Wow, looks like the Naira is finally getting some strength back, hopefully it stays this way!
Re: Dollars Collapsed In Black Market by Paraman: 2:18pm On Feb 28, 2024
DevilsEqual:
So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off
Anybody that bought it above 1400 and is now selling below 1400 is selling at a loss
Re: Dollars Collapsed In Black Market by commoditiesnig(m): 2:29pm On Feb 28, 2024
Good news
Re: Dollars Collapsed In Black Market by Acidosis(m): 2:42pm On Feb 28, 2024
Paraman:
Anybody that bought it above 1400 and is now selling below 1400 is selling at a loss
A loss because they probably want to cash out in 1 week. cheesy

Give it time. Allow Nigerians activate their japa plans again. After about 8-10 months of steady decline or stability, we then can say that Naira has truly gained.
Re: Dollars Collapsed In Black Market by Jeon(f): 3:15pm On Feb 28, 2024
Hope this will stand like a 🗻?.
Re: Dollars Collapsed In Black Market by eteebanky1: 3:29pm On Feb 28, 2024
Binance ng na the culprit

Thank God, FG figured them out and outrightly banned their ass

Make naira enter #500 and stabilize abeg
Re: Dollars Collapsed In Black Market by Celplas1010: 4:33pm On Feb 28, 2024
This is what I have been saying all this while, peg the dollar and Tinubu has finally done that. Within some period now, the dollar will crash the more
Re: Dollars Collapsed In Black Market by Lifemanage: 6:08pm On Feb 28, 2024
Chinkoalhaji34:
Wow, looks like the Naira is finally getting some strength back, hopefully it stays this way!
Obvious it was really being manipulated.binance P2P has been disabled. USD/ngn rate may drop to the 700 or less as envisaged....
Re: Dollars Collapsed In Black Market by IMAliyu(m): 6:36pm On Feb 28, 2024
Celplas1010:
This is what I have been saying all this while, peg the dollar and Tinubu has finally done that. Within some period now, the dollar will crash the more
It's not the pegging that's doing it.
It's the fact that they are going after the parallel market, and so far succeeding.

Now it's more profitable for me to exchange my dollars through official channels then to use black market.
Re: Dollars Collapsed In Black Market by OgaTheTop2: 2:57am On Feb 29, 2024
PARADIZEPRIEST:
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry
I pray so o. Then I can japa back to naija cheesy
Re: Dollars Collapsed In Black Market by Truths9ja: 3:49am On Feb 29, 2024
Naira keep on increasing back. You can still withdraw via kucoin crypto currency wallet app. Use my code when signing up on kucoin. You can withdraw on kucoin crypto currency wallet app. You can buy or sell the usdt . My refer code: https://www.kucoin.com/r/rf/rB31GDW

Re: Dollars Collapsed In Black Market by PARADIZEPRIEST: 10:38pm On Apr 10, 2024
PARADIZEPRIEST:
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry
Re: Dollars Collapsed In Black Market by taobudao(m): 7:17am On Apr 11, 2024
But its not reflecting on the prices of goods and services
1 2 Reply

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