The naira on Friday strengthened
against the dollar after weeks of
free fall at the parallel market.
The currency gained N10 to
exchange at N270 to the dollar
after it nosedived to N280 on
Thursday.
At the official interbank window,
it gained N0.03 to close at
N196.97 to the dollar.
Traders at the market told the
News Agency of Nigeria (NAN)
that currency speculators were
afraid that the naira could sell
below their expectations and this
forced them to release foreign
exchange for sale.
Meanwhile, Dr Evans Osabouhien
of the Department of Economics
and Development Studies,
Covenant University, Ota, Ogun,
has said that during the Yuletide,
Nigerians living abroad would be
coming home with a lot of
foreign currencies.
Osabouhien said that this would
help to reduce the pressure on
the foreign exchange market and
strengthen the naira. (NAN)

.

www.leadership.ng/business/484379/naira-strengthens-dollar-parallel-market-2



Lalasticlala , Obinoscopy , Seun

The way this Naira is falling it would soon fall in love. Thank God it gained a little.

Still not impressed!

one step foward ,hundred steps backward . so much for the much touted change.

..kai buhari

270....This is bad.

Dr Buhari.........the heat is on. Governance is more than just fighting corruption. Brace up Dr Buhari

Hmmm.

Good things shall begin to trickle in gradually and incrementally for me, you and the country.

Click like if you believe 2016 will be your best year yet.

Ok

Hmm

No b sai changing huna want?

E don de happen na....

So y shouting?

good news...

In the fullness of time we shall get there by God's grace and any pomo governor and its zombies that wishes this country doom, they and their generations shall end up doomed forever.

Not good enough

Byl January it will become 300 ,make we dey see.

Hahahahahahahahahahahahahahaha

Hmmmmm....

see as our naira dey move up and down like see-saw.

APc and propaganda.

The naira on Friday strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to exchange at N270 to the dollar after it nosedived to N280 on Thursday.

When dollar comes down to 180 then its proper to say that naira has strengthened over dollar. The price of oil in the global market is down and our senators are busy using the little we have to buy cars (No Value and always depreciates in value) and supporting the economy of other nation while our local car industry that needs such investments keeps dying.

Are we the only country in the world that there major source of income is oil, why are we Nigerians suffering. Why can't the government manage the little we have even though we have excess (in terms of natural and human resources).

Why can't the government diversify our economy, why can't our government thoroughly fight corruption instead of selectively fighting some people all in the name of corruption.

Even though i support my Sai Buhari i must say the truth, the only time we Nigerians will start to appreciate my Sai Buhari is when he starts delivering his campaign promises like 1$ = 1N. At this rate of dollar transfer its only the poor that suffers it while the rich gains more from it because its the rich that have the dollars and by that they have more buying powers. A property going for a billion Naira can be easily acquired by the rich by few million dollars.

My Sai Buhari, the poor Nigerians voted you in because we wanted change, we wanted to see a better Nigeria, a Nigeria where jobs are gotten by merits, a Nigeria with less Corruption, a Nigeria with less intimidation, a Nigeria were ethnicity won't be a barrier, A Nigeria that we Nigerians will be proud to call ourselves Nigerians.

Please don't kill the dreams of millions of Nigerians because we all know that you can achieve that and remove the huge burden called poverty/corruption that has eaten deep in Nigeria

BUBU body odour caused it

na who give am akpu chop?

Abeg see strength. Make God give apc and buhari supporters the kind of the strength the naira have

abeg xmas don reach finish. 150Naira:$1 or nothing

Sorry to say this end times

Gain ko !! Gay nii


Akpos jumps from bed and starts shouting "God save me, save me, save me. The wife asked, did you have a nightmare? He says yes. The wife asked ask again, were you been chased by a lion? Akpos replied; lion is even better. I nearly voted for Buhari again‎