₦airaland Forum

The Naira today depreciated to N1,740 per dollar in the parallel market from N1,739 per dollar on Thursday.

However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM fell  to N1,600 per dollar from N1,601.2 per dollar on Thursday , indicating N1.2 appreciation for the naira.

The volume of dollars traded (turnover) in the official market increased by 23  percent to $284.93 million from $230.99 million traded on Thursday.

Consequently, the margin between the parallel market and NAFEM rate widened to N140 per dollar from N137.8  per dollar on Thursday.

Source: https://www.vanguardngr.com/2024/10/naira-depreciates-to-n1740-in-parallel-market/

Why Will It Enter 1,740 Wetin MrCover Go Do?

Just wanted to remind Nigerians that the entire Tinubu economy team is from Yoruba tribe and Lagos boys to be specific. Thank you.

Holly Gram T pain


EBIN PAWA ooo !!!!


LITE UP my WEED in peace


WTF MAN!

Nawa!
This Naira is behaving like our national grid. It keeps collapsing up and down. It's well.

So the much awaited Dangote Refinery is no longer a saviour for our Naira as earlier projected?

Waiting for it to reach 2k

Oya O! Ipob/obidients and other fake billionaires, come and lament

At the rate the Naira keeps depreciating, soon a cowrie would have more value than the Naira.


Imagine toothpaste costing N2,000. Very pathetic!


The most painful increment is that of egg. In 2020, I used to buy 3 eggs for N100. Today, as in this morning, I bought four small-size eggs for N1,000.


A giant has finally turned to a dwarf!

HenryThegreat1:
Just wanted to remind Nigerians that the entire Tinubu economy team is from Yoruba tribe and Lagos boys to be specific. Thank you.

It's obvious that Yorubas are not competent as people thought they were. It's truly a pity

The problem of Nigeria started from Muslim Muslim ticket, Jesus Chris is not happy with Nigeria again,
(2) from the day Nnamdi KANU was kidnapped, People don't know KANU is a serious prophet . he have the power to curse and to bless,
(3) marginalization of Igbo people, , Nigeria should go and ask pharaoh and Egypt how market

Our Yoruba brothers.

Well done

Eeh Go reach everybody

Cardoso don tire self , he was given a very big shoe to wear


There go just de looot their share quietly, what to do na

Trimjos:
It's obvious that Yorubas are not competent as people thought they were. It's truly a pity

E clear

Renewed shege dey dribble Sha.

Trimjos:
It's obvious that Yorubas are not competent as people thought they were. It's truly a pity

And the developers are so competent that they cannot live in their 5 plots of land, rather they still run to Lagos and other parts of Nigeria for safety from their ipob biafr.aud cannibals

ipobcannibals:
And the developers are so competent that they cannot live in their 5 plots of land, rather they still run to Lagos and other parts of Nigeria for safety from their ipob biafr.aud cannibals

Keep shut. We re talking about managing Nigerias economy, this one is talking about ipob. Don't deflect from your tribe's incompetence. Clowni.sh phool

I wonder why Yemi Cardoso is still keeping his job

TRIBALISM

In Tinubu’s words;
Elòfòkónbálé.
Nigerians should be ready to make sacrifices to propagate my crazy baby steps of faith in progress .

Those hating on d Igbo n PO cus he is Igbo, hope ur hate is bringing d dollar down. Igbo must leave southwest states, Lagos, hope u can go to MC Oluomo to make d naira appreciate. Hate is a bad thing

Your Tinubu is working, don't worry.

Before December it will reach 2k for sure

Shaketable:
Those hating on d Igbo n PO cus he is Igbo, hope ur hate is bringing d dollar down. Igbo must leave southwest states, Lagos, hope u can go to MC Oluomo to make d naira appreciate. Hate is a bad thing

Unreasonable lots.

Tinubu, Cardoso, Wale Edun and the economic think-tank team are all useless. The persistent free fall depreciative effect of the naira is one of the useless economic decision of this clueless and impactless government which is severely affecting the lives of many Nigerians today

2000 before December!
Agbadorians, keep defending:
Tinubu is dealing with the "importers"!

ipobcannibals:
Oya O! Ipob/obidients and other fake billionaires, come and lament

worst thing be say na your people Dey cry pass

TPAIN nor dey disappoint for failure