₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,110 members, 8,448,734 topics. Date: Monday, 20 July 2026 at 06:18 PM

Toggle theme

Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market (7515 Views)

1 2 3 Reply (Go Down)

Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Originalsly: 10:28am On Oct 01, 2024
Borrow222:
It will get to 2000 by November ending.
In two weeks time ....by October 15 ... it will get there and beyond. By the end of November it will reach its lowest ... sort of stabilize ...and begin to gain. Bet?
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Brendaniel: 10:40am On Oct 01, 2024
ybalogs:
When are we going to get it right?
When people like you stop supporting nonsense into office because of tribe and religion....
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Steep(m): 10:46am On Oct 01, 2024
blueAgent:
All na propaganda and lies to hide the incompetence of African Leaders.

What about those Africans countries that, their currency has more value than the Naria, Is IMF not after them?
Why did buhari not devalue out Naria, is he more powerfull than IMF?
No matter how bad buhari government was he didn't give solely to imf and the rest other Africa countries still put some form of resistance but Tinubu government is a complete pupette in their hands.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Borrow222: 10:59am On Oct 01, 2024
Originalsly:
In two weeks time ....by October 15 ... it will get there and beyond. By the end of November it will reach its lowest ... sort of stabilize ...and begin to gain. Bet?
I agree with all you said but it will never gain.

Let's bet on it gaining...
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Cmeo(m): 11:00am On Oct 01, 2024
Today's Independence Day speech (if he is not lying) made me establish that it is a deliberate plan by the FG to have the dollar at the current price and any other price they may wish for the dollar. I made this point due to Tinubu's speech that the FG has paid all its Ways and Means loans of over 30T. The question is how did they pay it if not through the increase in dollar rate, remember that the government is the highest earner and seller of dollars.

I can predict that the dollar price will come down again when the government is satisfied with the level of industrial development of the country and hoarders of dollars will cry then. However, I advise (not professional advice though) that people having dollars now should use them for machine purchases, set up industries in Nigeria and purchase local raw materials to take mass advantage of the government's influence on dollars at this time.

Our government seems to have moved from being a socialist to a socio-capitalist now.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by DrAda(f): 11:06am On Oct 01, 2024
What is going on? Why are we not demanding for a change? Why is everyone complacent. This is just shocking
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by cucumbar: 11:15am On Oct 01, 2024
Cmeo:
Today's Independence Day speech (if he is not lying) made me establish that it is a deliberate plan by the FG to have the dollar at the current price and any other price they may wish for the dollar. I made this point due to Tinubu's speech that the FG has paid all its Ways and Means loans of over 30T. The question is how did they pay it if not through the increase in dollar rate, remember that the government is the highest earner and seller of dollars.

I can predict that the dollar price will come down again when the government is satisfied with the level of industrial development of the country and hoarders of dollars will cry then. However, I advise (not professional advice though) that people having dollars now should use them for machine purchases, set up industries in Nigeria and purchase local raw materials to take mass advantage of the government's influence on dollars at this time.

Our government seems to have moved from being a socialist to a socio-capitalist now.
Rubbish talk… you can’t deduce anything.
Tinumbu supporters are too dumb to make any rational deductions.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by ufotunang: 11:32am On Oct 01, 2024
1705 naira to a dollar?... tomorrow the incompetent Tinubu will tell Nigerians do not worry have patient our economic policies are working... Tinubu keep on fooling nigerians
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by ufotunang: 11:34am On Oct 01, 2024
ybalogs:
Wahala no dey finish
..do not worry.. wahala go finish when Peter obi becomes president in 2027
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Cmeo(m): 11:36am On Oct 01, 2024
cucumbar:
Rubbish talk… you can’t deduce anything.
Tinumbu supporters are too dumb to make any rational deductions.
Give us your own Nonsense talk now and let's see if we can establish a sense out of it
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Franking: 11:39am On Oct 01, 2024
Tinumbu is completely clueless... it'll get to 3k before this time next year.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Originalsly: 11:47am On Oct 01, 2024
Borrow222:
I agree with all you said but it will never gain.

Let's bet on it gaining...
(Hmmmm .... let me clean and look into my Crystal Ball then deal with this upstart.)


Bet on! Last week of the year.... and it will gain a lot compared to the rate at the end of October.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Borrow222: 11:58am On Oct 01, 2024
Originalsly:
(Hmmmm .... let me clean and look into my Crystal Ball then deal with this upstart.)


Bet on! Last week of the year.... and it will gain a lot compared to the rate at the end of October.
It will be 2,120 by December 27th.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Originalsly: 12:14pm On Oct 01, 2024
Borrow222:
It will be 2,120 by December 27th.
If it will be .... I'm saying it will represent a gain ... and that's the bet.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by JIykeDollars(m): 12:22pm On Oct 01, 2024
Good Day ALL,
Sorry for the sudden DM! I wanted to reach out and apologize for any intrusion.

However, I stumbled upon this TREND and decided to share information of an AGENCY with everyone, if you don't mind!

The company, GLOBAL CURRENCY EXCHANGE, is part of the leading players in the industry, providing Swift, Affordable and Reliable Exchange solutions and exceptional customer support for all DERIV deposits/withdrawals, CRYPTOCURRENCIES, E-CURRENCY and GIFTCARDS.

We're looking for partners like you to join our team and benefit from our genuine and competitive pricing.

If you're interested in learning more, I'd love to schedule a quick Message with the Exchange Agent to discuss how we can work together.

Let me know if you're open to exploring this opportunity further!

https:///global-currency-exchange

www.jiykeforexportal.com


Best, GLOBAL CURRENCY EXCHANGE 💱 Information Center.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Elxandre(m): 1:23pm On Oct 01, 2024
Rebuke:
Eheheh. If yhu no won cry for this country, just make sure you are earning in dollars.

Imagine, stuff you wouldn't accept 100dolls for - before, now we rush to accept the offer. Simply because $100 is now far above 150k, unlike before when it used to be 30k or a little above grin grin


Una President don address Una for TV, him no even talk about the fuel issue wey be the main reason for the hardship, the baba don read the script wey dem write for am, him no send Una papa grin grin grin


Well, congratulations to all their supporters here, enjoy o
funny thing is that 30k nearly get power pass the 150k of now
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by lebete3000: 1:26pm On Oct 01, 2024
[quote author= post=132233751]Source: https://www.vanguardngr.com/2024/10/naira-under-fresh-pressure-ends-september-at-n1705-in-parallel-market/[/quote]Different value on naira rates X account
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by cucumbar: 1:31pm On Oct 01, 2024
Cmeo:
Give us your own Nonsense talk now and let's see if we can establish a sense out of it
nonsense. I don’t discuss with agbadorians. I just call them out.

You guys have destroyed this country, and you are here capping rubbish.

No let me slap you o.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by Cmeo(m): 3:02pm On Oct 01, 2024
cucumbar:
nonsense. I don’t discuss with agbadorians. I just call them out.

You guys have destroyed this country, and you are here capping rubbish.

No let me slap you o.
I am not disappointed, no-sense from your comment/attack. You just wanted to express your frustration by attacking anyone making sensible comments.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by israelmao(m): 3:08pm On Oct 01, 2024
BlueStripper:
cheesy

The country is undergoing reforms. A critical reference is that of the upstream sector.

God bless the Federal Republic of Nigeria.
Endless reform that has not yielded anything positive for the ordinary Nigerians since Buhari regime.
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by ArtEdge: 3:17pm On Oct 01, 2024
OgbeniOja1:
mad ooo. on his very rugged MANHOOD we stand.
Which one be rugged manhood again?😂😂
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by ArtEdge: 3:19pm On Oct 01, 2024
Is Reno waiting until this thing gets to 2k before he advise the government on the next move??🤔
Re: Naira Under Fresh Pressure, Ends September At N1,705/$ In Parallel Market by EMIOMOADEOYE: 9:43pm On Oct 01, 2024
OK...

So who is Cardoso going to point a finger at now?

Now that he has run out of people or entities to blame.

First it was Abokifx, next it was Binance......so who next now?

By the way, Gambaryan still dey so?
1 2 3 Reply

Naira Under-valued In Official, Parallel Forex Markets – Bismarck RewaneNaira Appreciates From 1310/$ To 1300/$ In Parallel MarketNaira Bounces Back, Appreciates To N470/$ In Parallel Market234

Can One Deposit Bank Draft Of One Bank Into A Savings Account Of Another Bank?Africa's Top Producers And ExportersWema, Sterling Banks Shop For New GMDs