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Naira Appreciates To N1,512/$ In The Black Market - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Appreciates To N1,512/$ In The Black Market (6418 Views)

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Naira Appreciates To N1,512/$ In The Black Market by UDOKABESTLUV(op): 8:05am On Mar 07, 2025
The Naira yesterday appreciated to N1,512 per dollar in the parallel market from N1,515 per dollar on Tuesday.

However, the Naira depreciated to N1,505 per dollar in the Nigerian Foreign Exchange Market (NFEM).

Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,505 per dollar from N1,502 per dollar on Tuesday, indicating N3 depreciation for the naira.

Consequently, the margin between the parallel market and NFEM rate narrowed to N7 per dollar from N13 per dollar on Tuesday.
Source: https://www.vanguardngr.com/2025/03/naira-appreciates-to-n1512-in-parallel-market/

Re: Naira Appreciates To N1,512/$ In The Black Market by UDOKABESTLUV(op): 8:05am On Mar 07, 2025
When Will Dollar Fall To 1,000Naira For 1 $ 😢
Re: Naira Appreciates To N1,512/$ In The Black Market by free2ryhme: 8:34am On Mar 07, 2025
UDOKABESTLUV:
Source: https://www.vanguardngr.com/2025/03/naira-appreciates-to-n1512-in-parallel-market/
There was a time it was N450 and less to a dollar. This administration destroyed the economy
Re: Naira Appreciates To N1,512/$ In The Black Market by nony43(m): 8:35am On Mar 07, 2025
Cardi B always playing with our Economy.
Re: Naira Appreciates To N1,512/$ In The Black Market by Racoon(m): 8:35am On Mar 07, 2025
Marginal appreciation. Still not out of the woods yet.
Re: Naira Appreciates To N1,512/$ In The Black Market by Elvis2kay: 8:35am On Mar 07, 2025
Na true say Doyin Okupe don waka?? according to sahara reporter
Re: Naira Appreciates To N1,512/$ In The Black Market by bewisemasses:
Wow. Nigeria is getting better. The sky is our starting point
Re: Naira Appreciates To N1,512/$ In The Black Market by AdamuKD: 8:36am On Mar 07, 2025
grin
Appreciating or depreciating?
How much is dollar to naira when the idiot took office?
You can only deceive your senseless and foolish followers not intelligent people like me
Re: Naira Appreciates To N1,512/$ In The Black Market by elasticlala: 8:36am On Mar 07, 2025
Liars
Re: Naira Appreciates To N1,512/$ In The Black Market by dgitrader(m): 8:37am On Mar 07, 2025
I think 950 is best for the naira. Till then, fingers crossed. It will never be well Buhari and his goons. They do Nigeria dirty.
May Tinubu succeed. Nigeria can't afford further colossal regime like buhari
Re: Naira Appreciates To N1,512/$ In The Black Market by Quelme: 8:37am On Mar 07, 2025
Tinubu is working...
Re: Naira Appreciates To N1,512/$ In The Black Market by MichaelSokoto(m):
Shame!
sometin dat was less than #200 during PDP reign!

dis demonic APC party ppl no dey fear God!
undecided
Re: Naira Appreciates To N1,512/$ In The Black Market by Jmarjr(m): 8:38am On Mar 07, 2025
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry
Re: Naira Appreciates To N1,512/$ In The Black Market by Naturalgbola(m): 8:39am On Mar 07, 2025
The exchange rate was #120/1$ when awon oloriburuku oloshi omo asewo gbogbo took over. Cheap propaganda.
Re: Naira Appreciates To N1,512/$ In The Black Market by AdamuKD: 8:40am On Mar 07, 2025
Quelme:
Tinubu is working...
Another zombie on the loose
Re: Naira Appreciates To N1,512/$ In The Black Market by hafeeanubasy: 8:41am On Mar 07, 2025
I hate seeing Naira dollar news on front page .....


What is the aimhuh




Are you alerting speculative or what?
Re: Naira Appreciates To N1,512/$ In The Black Market by Ojuntana: 8:42am On Mar 07, 2025
Naira was N216 in 2015

This is a massive shame from those who promised change
Re: Naira Appreciates To N1,512/$ In The Black Market by illuminutty: 8:46am On Mar 07, 2025
This same Naira in this same Black Market?

Propaganda no Dey ever Taya APC

Re: Naira Appreciates To N1,512/$ In The Black Market by galserv: 8:46am On Mar 07, 2025
Pigs and speculators won't like this
Re: Naira Appreciates To N1,512/$ In The Black Market by VaginaAcademic:
Oga no dey post this 10 10 naira appreciation and depreciation rubbish again
Re: Naira Appreciates To N1,512/$ In The Black Market by Ojuntana: 8:48am On Mar 07, 2025
hafeeanubasy:
I hate seeing Naira dollar news on front page .....


What is the aimhuh




Are you alerting speculative or what?
Yes na. You will hate it since it exposes the incompetence of your political god
Re: Naira Appreciates To N1,512/$ In The Black Market by Wimkeh(m): 8:49am On Mar 07, 2025
Why is your currency moving like crypto? This doesn’t do anything for the economy. Posting news like this does absolutely nothing for the economy.
Re: Naira Appreciates To N1,512/$ In The Black Market by maxtop(m): 8:51am On Mar 07, 2025
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢
Not in this T-PAIN ERA ...and I guess not in our lifetime. I say this because those heartless have started breeding bunch in looters to take over from them when they eventually get old. A good example is a recent video of Seyi Tinubu dancing and a local musician from the north eulogizing his name.


It breaks my heart seeing this happening, but it is well sha !!
Re: Naira Appreciates To N1,512/$ In The Black Market by PerfectStranger(m): 8:51am On Mar 07, 2025
Jmarjr:
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry
Hi bro,can you please put me through whatever you do online to make money?
Re: Naira Appreciates To N1,512/$ In The Black Market by hafeeanubasy: 8:52am On Mar 07, 2025
Ojuntana:
Yes na. You will hate it since it exposes the incompetence of your political god
What is this mumu saying? 😆

Try and make sense to yourself first!
Re: Naira Appreciates To N1,512/$ In The Black Market by Sleekfingers: 8:53am On Mar 07, 2025
dgitrader:
I think 950 is best for the naira. Till then, fingers crossed. It will never be well Buhari and his goons. They do Nigeria dirty.
May Tinubu succeed. Nigeria can't afford further colossal regime like buhari
It will still drop to below 500 naira
Re: Naira Appreciates To N1,512/$ In The Black Market by Addme: 9:00am On Mar 07, 2025
Sleekfingers:
It will still drop to below 500 naira
Lol. This won't happen in the nearest future.
Re: Naira Appreciates To N1,512/$ In The Black Market by nwirinedu(m): 9:04am On Mar 07, 2025
Until it drops below 600 dont it is rubbish, figure skating is not fact.
Re: Naira Appreciates To N1,512/$ In The Black Market by Zackattack: 9:08am On Mar 07, 2025
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢
When you stop asking this question every time you create this type of topic.
Re: Naira Appreciates To N1,512/$ In The Black Market by id4sho(m): 9:21am On Mar 07, 2025
Jmarjr:
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry
Those online biz are expensive right from time
Re: Naira Appreciates To N1,512/$ In The Black Market by oilyngbati(m): 9:22am On Mar 07, 2025
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢
When you get your bia.fraud
1 2 Reply

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