Naira Strengthens To ₦1173 At Official Market - Business (2)

Naira Strengthens To ₦1173 At Official Market - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Naira Strengthens To ₦1173 At Official Market (23286 Views)

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Re: Naira Strengthens To ₦1173 At Official Market by ehissi(m): 11:07am On May 29, 2024

Re: Naira Strengthens To ₦1173 At Official Market by chiefolododo(m): 11:07am On May 29, 2024

Strengthens

Re: Naira Strengthens To ₦1173 At Official Market by pacesetting: 11:07am On May 29, 2024

Even cryptocurrency never fluctuate like this

2 Likes

Re: Naira Strengthens To ₦1173 At Official Market by LadyExcellency: 11:07am On May 29, 2024

The difference is money-tripping

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Mikuni(m): 11:08am On May 29, 2024

This is a lie

3 Likes 1 Share

Re: Naira Strengthens To ₦1173 At Official Market by kolamilan(m): 11:08am On May 29, 2024

Official and unofficial (black market) are different na

Re: Naira Strengthens To ₦1173 At Official Market by michoim(m): 11:09am On May 29, 2024

Na official we dey chop huh

Re: Naira Strengthens To ₦1173 At Official Market by khattab02: 11:09am On May 29, 2024

Hehehehe.. na democracy day joke abi na weytin?

Trial and error economy, I no dey fit believe anything from una again ooo

Re: Naira Strengthens To ₦1173 At Official Market by DeLaRue: 11:09am On May 29, 2024

The naira should stabilise around 1200 by the 3rd quarter and progressively improve to 1100 by first quarter of 2025 and so on.

The CBN should not be in a hurry to bring it down aggressively only to see it go up again.

Stability around a mid price point is better than going from extreme lows to extreme highs in quick successions.

3 Likes

Re: Naira Strengthens To ₦1173 At Official Market by Paraman: 11:10am On May 29, 2024

ChybuzzDD:
Based on what exactly

Most of you propagandists and praise-singers don't read at all.

How can you boldly ask this IQ reducing question

Last week the MPR was raised again and a lot of other steps that is taking by the FG, but you're here asking base on what exactly

Re: Naira Strengthens To ₦1173 At Official Market by Meti99(m): 11:12am On May 29, 2024

Naira had never been this unstable as it is in the last one year

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Devaro: 11:12am On May 29, 2024

Keep deceiving the fools

1 Like 2 Shares

Re: Naira Strengthens To ₦1173 At Official Market by khattab02: 11:12am On May 29, 2024

E be like say Dem done come to do another deceiving again ooo. Dem don come again ooo

All of the shaddy politicians

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Blaze14k: 11:12am On May 29, 2024

Na magic

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by OKOATA(m): 11:13am On May 29, 2024

DeLaRue:
All I know is in a few months, the naira should stabilise around 1200.

Lol and does it affect the cost of living? Whether it's 1200 or 1800 what difference does it make? Make una dey deceive unaselfs.

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Peejayz: 11:14am On May 29, 2024

Devaro:
Keep deceiving the fools

abeg which platform is this

Re: Naira Strengthens To ₦1173 At Official Market by Nobody: 11:14am On May 29, 2024

If you have a million dollar to try, i might tell you so you can get in on the action

GreaterFuture:
I sense some Unique, Reversely Unique Opportunities with this, buy I can't pin to any, yet.

People would be making money one way or the other, with this situation, but I don't know
Do you know any? Can you share or explain

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Sonofgod1990(m): 11:14am On May 29, 2024

One of my yahoo guy just cashed out about 1200k euros dis morning... am sure of about 100k into my bank account. GOD THANK U OO

Re: Naira Strengthens To ₦1173 At Official Market by Trustyourself: 11:16am On May 29, 2024

ryloy:
https://guardian.ng/news/naira-strengthens-to-n1173-at-official-market/

How many people has access to official rate?

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Blaze14k: 11:16am On May 29, 2024

Paraman:
700/$ before the end of July

What tinubu is doing now clearly shows he is using Nigerians to make money. How can you tell me dollar can possibly crash with speed of light and still go back up again and you feel there nothing wrong. You guys voted in a criminal

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Emeka71(m): 11:16am On May 29, 2024

alanto:
For real?

Anyhow things.

Re: Naira Strengthens To ₦1173 At Official Market by JuanDeDios: 11:17am On May 29, 2024

tunjijones:
Wonder why it keeps going up and down.

I know some people don't like this news.

If it's going up and down, nobody should like it, including you.

1 Like

Re: Naira Strengthens To ₦1173 At Official Market by Trustyourself: 11:17am On May 29, 2024

Paraman:
700/$ before the end of July

Do you have access to official rate huh

Re: Naira Strengthens To ₦1173 At Official Market by Blaze14k: 11:18am On May 29, 2024

tunjijones:
Wonder why it keeps going up and down.

I know some people don't like this news.

It's simply means business, a dubious one per se

Re: Naira Strengthens To ₦1173 At Official Market by sewa36447(m): 11:18am On May 29, 2024

This is Tinubu One Year Anniversary magic. If they can maintain it at N300/$ for one year, we can now give Tinubu an applause.

Re: Naira Strengthens To ₦1173 At Official Market by CountinBlessins(m): 11:18am On May 29, 2024

Paraman:
700/$ before the end of July

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Re: Naira Strengthens To ₦1173 At Official Market by JuanDeDios: 11:19am On May 29, 2024

Bacteriologist:
The unified exchange rate has been deunified.

Or why are we having such spread between official and black market rate?

APC Tinubu and Voodoo economics are like 5 and 6

And that's a problem. If it's N1,173 : N1,480, I'm really really concerned because it means arbitrage is automatically back. I hope the CBN fixes whatever distortions have led to this.

Re: Naira Strengthens To ₦1173 At Official Market by Ashirioluwa: 11:23am On May 29, 2024

tunjijones:
Wonder why it keeps going up and down.

I know some people don't like this news.

What’s good about the news? Please tell me.

How many Nigerians can get dollars at the official market rate?

Most Nigerians who need dollars for one thing or the others will go to black market, and the black market rate as of this morning is almost 1500 naira.

The western union rate is $1 to 1465 naira as of this morning.

Government officials and politicians can buy at official rate, but the general public will have to use black market to get dollars.

Re: Naira Strengthens To ₦1173 At Official Market by InvertedHammer: 11:23am On May 29, 2024

/

Misleading headline.

/

Re: Naira Strengthens To ₦1173 At Official Market by Kingrshd3: 11:23am On May 29, 2024

tunjijones:
Wonder why it keeps going up and down.

I know some people don't like this news.

Yes óòoo

Re: Naira Strengthens To ₦1173 At Official Market by JuanDeDios: 11:23am On May 29, 2024

SmartyPants:
Because one leads and the other follows[b] after a short adjustment period[/b]. I think that's fairly obvious.

Well, I hope so. This gap is too wide - it's not normal in a floating regime. Something not right is going on or has gone on. I hope the CBN steps up.

Re: Naira Strengthens To ₦1173 At Official Market by vibratingpenis: 11:23am On May 29, 2024*

1 2 3 4 5 Reply

Naira Strengthens To 1,339.33/$ At Official Market • Naira Strengthens Against The Dollar, Sells At N1400/$ On The Parallel Market • Naira Continues Recovery, Strengthens To ₦‎950 • 2 • 3 • 4

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