₦airaland Forum

The Naira yesterday depreciated to N1,680 per dollar in the parallel market from N1,655 per dollar on Tuesday.

Similarly, the Naira depreciated to N1,667.42 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,667.42 per dollar from N1,658.48 per dollar on Tuesday, indicating N8.94 depreciation for the naira. The volume of dollars traded (turnover) in the official market declined by 39.6 percent to $100.47 million from $166.36 million traded on Tuesday.

Consequently, the margin between the parallel market and NAFEM rate widened to N12.58 per dollar from N3.48 per dollar on Tuesday.

Source: https://www.vanguardngr.com/2024/09/naira-depreciates-to-n1680-in-parallel-market/

What Is Really Happening, I Want To Buy Dollar

Cardoso will intimidate the Dollar with his towering height - Rotus.

Tinubu will handle economy, Shettima will handle security - Agbado Miscreants

Yeye dey smell.

Macphenson:
Cardoso will intimidate the Naira with his towering height - Rotus.

Tinubu will handle economy, Shettima will.handle security - Agbado Miscreants

Yeye dey smell.

My Brother, This Dollar Stuff Dey Affect Person

Congratulations 👏

BAD NEWS FOR NIGERIA

DAILY ROLL OUT

WHAT A GOVERNMENT?

Heading back to 2k

fjs

Aisha Yesufu is the only Nigerian woman who saw 2morrow!


T-Pain oooo!
Oya efonkonbale!

It is not even making sense anymore. It's almost like there is nothing CBN could do, interventions not even working again

[quote author= post=132166564]What Is Really Happening, I Want To Buy Dollar[/quote]One of my neighbor pick about $10k 2days ago. Dat about 16 million. He managed run me 100k shaa

They're all waiting for when it appreciates with 1 kobo, to celebrate the economic wonders of tinubus gwovumenti.

Its is one thing for your currency to be devalued beyond reason. It is a different ball game for an infective central bank not to be able to atleast stabilise the currency enough to help businesses make honest projections.

Lol be patient tinubu will fix it. It's just one year give him more time 😂😂

When they said Dangoted refinery will bring down exchange rate, I laughed at their ignorance.

Expect dollar to hit #1890 before end of October 2024.

If you have naira in your savings account, you are either a fool or an illiterate.

Buhari sef!! Kai,na wa o!

Sonofgod1990:
One of my neighbor pick about $10k 2days ago. Dat about 16 million. He managed run me 100k shaa

I need 1,000 U.S Dollars For Maintenance Of Our WEBSITE

[quote author= post=132167195]I need 1,000 U.S Dollars For Maintenance Of Our WEBSITE[/quote]& na wit clear eye u think say u go fit take cough out dat kyne money for dis balablu bulaba regime ba?
dey play!

Nothing concern me but E dey mind

CYRUS VI please come and defend this one
You can't because you will avoid this thread like HIV
Spit on your head

[quote author= post=132167195]I need 1,000 U.S Dollars For Maintenance Of Our WEBSITE[/quote]Send wallet account make I run you 3000$

The cocaine sniffing druglord is determined to drag down the whole country

Na crypto cause am.
Mumu kwantry and leaders.

Ok… just to remind you all that Tinubu promised on 29th April 2023 that naira will exchange for 300 to the USD in the “short term”

This is over one year now.

Keep on wallowing in poverty and tribalism while you worship your oppressors.

Dollar to naira is going to 2500 before T pain administration finish his first term

Naira will depreciate to at least 2000 within a month. Quote me later. Convert your savings today to US or sit on it and wait as it loses buying power. What N10K could've bought a month ago ... cannot buy same today ...and wayyy less a month from today. So why would you hold on to Naira?
Importers will now be competing for US to import goods for Christmas ... price for USD will continue to rise.

Let's keep lying ourselves and defending people that don't like us.

End of the year?
It's gonna keep increasing

CodeTemplarr:
Speculation of currency is foolish. Since over a year now, people have been speculating for N2000 a dollar. If they had invested that same money into other productive ventures, it would have most likely taken their one dollar equivalent of Naira then to over N2000 but the dollar is yet to hit that mark.

Not when the government does a good job in frustrating whatever it is you try to do

On dere mandate 😁😁😁😁

If Dangote refinery doesn’t move the needle just forget it

APC said that with Dangote refinery coming on board, we will see immediate appreciation of Naira. Right now, same APC is trying to frustrate Dangote and Naira is having a free fall

Speculation of currency is foolish. Since over a year now, people have been speculating for N2000 a dollar. If they had invested that same money into other productive ventures, it would have most likely taken their one dollar equivalent of Naira then to over N2000 but the dollar is yet to hit that mark.

They will tell the public that Tinubu's monetarily policies are improving the lives of Nigerians.
Most untruthful set of people.