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Nairaland Forum / Nairaland / General / Business / Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs (26144 Views)
CBN formalises dollar sales to BDCs as naira improves / Naira Falls To N1, 000/$ In Official Market / Naira Falls To 760/$, Ahead Of Inauguration (2) (3) (4)
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Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by 7lives: 3:58pm On Apr 16 |
Paramount01: May God help you if you're planning to sell and you have it in quantities. Rice was sold for #40k in Shaki area of Oyo state this morning. And this could be an imported rice as Shaki is a boarder town. Price of rice is seriously crashing, people are posting funny prices from different locations. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by samomoli: 3:59pm On Apr 16 |
The way am looking at things now it seems some people are already pegging dollars at 1000 k . For me 400 or better still back to 200 before the took power. Chikena |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Quelme: 4:03pm On Apr 16 |
Saintinoo:Thank God your are not the CBN governor with this your Alaba analogy. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by iamtoofan: 4:04pm On Apr 16 |
LegendHero: I presume you are abroad, which ever rate the dollar is in Nigeria how is it a scam to you, infact people in diaspora are the "scam" ... lil change you make there you come home or send and start feeling like odogwu, $100 to 170k is ridiculous |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by MetalJigsaw(m): 4:06pm On Apr 16 |
porthouse7:I am an obedient but I'm happy. 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by RealEstateIdeas: 4:13pm On Apr 16 |
Hopefully, the success can be sustained. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by LegendHero(m): 4:17pm On Apr 16 |
iamtoofan: I am not angry the naira rate is low, infact I am delighted. But why I said what I said is just a natural instinct to price change. There are some people you put on a monthly payment in Nigeria. So let’s say normally, you send 200k to someone monthly. —If $ exchange to naira at N1700, you only get to send $117 to the person. —If $ exchange to naira at N1000, you will need to send $200 to the person. Now imagine you send money to 5 different people monthly, wouldn’t that mean something to you? You can’t decrease the money you send because prices in Nigeria still remain same. That was why I jokingly said it felt like a scam. Not that I’m complaining. Infact I love it and have always prayed for dollar to fall. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by drimzsmoke(m): 4:18pm On Apr 16 |
LegendHero: When a dollar was 1,900 naira, how did your body do you🥱🥱🥱🥱🥱🥱🥱 |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by LegendHero(m): 4:22pm On Apr 16 |
drimzsmoke: I have mental stress too. Mostly sad about it. People who knew I support the government won’t let me rest with you see the dollar now, you see the rate now. Now, I don get peace as na them Dey praise Cardoso now. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by CrossRhodes: 4:25pm On Apr 16 |
helinues:
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Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by CrossRhodes: 4:26pm On Apr 16 |
RealEstateIdeas:Time will tell |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by commoditiesnig: 4:28pm On Apr 16 |
Goodnews |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Ashawoman82: 4:29pm On Apr 16 |
Treasure17:are u fore real? Something he met at 700 back market rate. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by pquaver(m): 4:35pm On Apr 16 |
Paramount01: Full blooded.. E jirighi igbo akoro ya onye ocha.. It must no please everyone.. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by PotatoSalad(m): 4:37pm On Apr 16 |
Haaland21:Lmao you're denser than shot put orb. No need educating you cos I'll be wasting my time We'll revisit this in few months |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by drimzsmoke(m): 4:40pm On Apr 16 |
LegendHero: Ohhhh, now I get you. Nigeria will be great again under this present administration and subsequent ones, amen. God bless Naija!!! 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by alphaNomega: 4:40pm On Apr 16 |
Tjra:Dollar is heading to 2500 if you don't know. criminals are running this economy |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by alphaNomega: 4:41pm On Apr 16 |
2shure:because the rates are fake |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Honestey: 4:49pm On Apr 16 |
When we reached N200/$ wake me up |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by MasterTeeUSA: 4:53pm On Apr 16 |
temporary...do you realize Dangote Diesel has hit the market...next Jet Fuel and neighboring countries are already lining up to buy so they won't fuel in Europe. Keep thinking its temporary o socialmediaman: |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by LegendHero(m): 4:57pm On Apr 16 |
drimzsmoke: Amen. God bless you too. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Paramount01(m): 5:00pm On Apr 16 |
pquaver: But you must be card carrier A. P. C member or a Muslim for you too support Tinubu against your brother |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 5:03pm On Apr 16 |
Quelme: I am telling you what your "Alaba" CBN governor did to bring the dollar rate down. Most of you ignorantly support this government policy without knowing shit about what they do. What do you think it mean to fix a country currency? |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Quelme: 5:06pm On Apr 16 |
Saintinoo:They can never satisfy all these Upper Iweka people. Una wahala tie wrapper wear gele. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by MetalJigsaw(m): 5:19pm On Apr 16 |
Paramount01:He's right bro. Even here in Oshodi the prices even keep going higher. I think the retailers are the problem. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by pacificom: 5:20pm On Apr 16 |
michaellovaldo:Come and buy from me. I am an importer of MacBook from USA. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Treasure17(m): 5:26pm On Apr 16 |
Ashawoman82:Doesn't matter to them. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by michaellovaldo(m): 5:41pm On Apr 16 |
pacificom: No problem but that is when N500 per $1 reflects on the market price |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by misreal(m): 5:43pm On Apr 16 |
Abbeytoy:Abeg how much NTA dey sell? |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by pacificom: 5:44pm On Apr 16 |
michaellovaldo:A woof dey run belle. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by shortgun(m): 5:54pm On Apr 16 |
ppogba:When the naira was N1900 the prices of goods skyrocketed according. Now that the naira is less than N1000 why are the prices of goods still high? The only way people will feel the impact of naira gaining against the dollar is in the prices of essential commodities. Why is this not happening? |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by michaellovaldo(m): 5:57pm On Apr 16 |
pacificom: There was a time that PC was being sold for around 450k on this same Nairaland, it's selling for around 980k now, I believe there is no crime is waiting for the dollar rate to start reflecting on the market price of the PC 1 Like |
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