₦airaland Forum

The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,565 per dollar on Tuesday. Similarly, the Naira depreciated to N1,546 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 N1,546 per dollar from N1,537 per dollar on Tuesday, indicating N9 depreciation for the naira. Consequently, the margin between the parallel market and NFEM rate widened to N39 per dollar from N37 per dollar on Tuesday.

Source: https://www.vanguardngr.com/2025/03/naira-down-to-n1585-in-parallel-market-3/

When Will This Dollar Rate Fall To 1,000Naira

Just now we've started witnessing a drop in foodstuffs Oh well!

Tinubu and Wike will rather blow up Nigeria than see the economy progress.

China was on holiday reason the naira was gaining against dollar earlier on .
the useless and wicked APC govt claimed they were pumping money to stabilize the naira and even the foreign reserve depleted but alas the thieves were using the funds to bribe judges , agbado miscreants,online content creators like omockery and the rest just to blow up Nigeria.

Who do praise or blame for this now?

hatozeck:
Just now we've started witnessing a drop in foodstuffs Oh well!

Is a bag of rice N12k. How much was it during GEJ's tenure?

thank God... my btc safe.


Naira fall cost me over 8 million naira loss in less than two days last two weeks ago because of btc hoarding.

It will favour me and my family. They claimed things are getting better.

Alright wankers

If Ahmed Tilumbu fails, hold me responsible

as it should. heading to 3k before december.

if you like no commot the zuu.. dey there dey bobo urself

BadNews:
When Will This Dollar Rate Fall To 1,000Naira

Ya grandfather. Was is 1k when your stupid buhari took over? Tell your useless current presidiot to bring it back to 180 where it was. Rubbish

Back and forth lol


Drug lord cum First class Accountant that worked with PwC, KPMG, Mobil, Shell, Chevron, Google, Microsoft, Schlumberger, PZ Cussons, May & Becker, Nestle Plc, CCCC, Sea Truck, DHL and built Lagos refused to build Nigeria after grabbing it, snatching it and running away with it, ndi ara



Tomorrow it will be 2000, next week 1350, next 1725, no pattern, no sustainability except with media propaganda he uses to build tall dreams in the minds of his ZoneBs, ire oh

BadNews:
When Will This Dollar Rate Fall To 1,000Naira

Soon and very soon, it will fall to N300 as promised by our brilliant Chicago trained accountant who built Lagos and hit the ground running 22 months ago.

Surely he will do what his NEPA certificate predecessor failed to do.

anonimi:
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp

BadNews:
Source: https://www.vanguardngr.com/2025/03/naira-down-to-n1585-in-parallel-market-3/

hmmm thought i saw "PARALYZED MARKET"

anonimi:
Soon and very soon, it will fall to N300 as promised by our brilliant Chicago trained accountant who built Lagos and hit the ground running 22 months ago.

Surely he will do what his NEPA certificate predecessor failed to do.

what did you expect from a drog loord??

Naira will never recover with socialist policies of this admin.

I warned y'all not to fall for the fake gains, pun intended.

hatozeck:
Just now we've started witnessing a drop in foodstuffs Oh well!

So prices of foodstuffs dropped?

Naira be like nepa
Off and on
Anyway we are still importing. Billions of naira fuel
So naira ain't resting anytime soon
Tinubu and his malta refineries ain't resting
If you ask them what the drug head has achieved in 2 years now. You will hear coastal road that will be abandoned after ogun state

BadNews:
When Will This Dollar Rate Fall To 1,000Naira

When the people are loyal and when the government matches the loyalty with good policies

Nigeria is a country with strange people..

The political, business, middle class are speculators....saving in $$$$

We have close to $40B in domiciliary accounts and you want naira # to appreciate ??

Govt too is making bad policies, saboteurs cashing out...the whole thing is messed up.

H

Sheuns:

Who do praise or blame for this now?

Blame APC for making everything worse than 10 years ago when they promised change but delivered shege.

edoyad:
Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office. Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri. “It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said.

He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected. Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing. Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth. He said that Buhari was loved by the people in the region and urged them to elect him and other APC candidates during the March 28 and April 11 general elections. Former governor of Anambra, Mr Chinwoke Mbadinuju and former Minister of Education, Chinwe Obaji, were formally welcomed to the APC at the rally. The rally was attended by APC supporters from Abia, Ebonyi, Anambra, Enugu and Imo. (NAN)

Read more at: http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/

hatozeck:
Just now we've started witnessing a drop in foodstuffs Oh well!

Food prices dropped online
Cow is same price with cars now
Keke price now don pass some suv price

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boss i have outbound tire but no response sir. i really need help sir

Where is Bismark Riwane?
Where is Kadoso?

Tinubu met dollar at 400 and took it to 1500.

Sebi Helinus and his other stooges were blaming binance and crypto. Now, there's nothing else to blame.

Clowns

Make dem make $1 to #1.

Ok