₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,327,756 members, 8,432,434 topics. Date: Tuesday, 23 June 2026 at 05:31 PM

Toggle theme

Naira Dips Against Dollar - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessNaira Dips Against Dollar (29280 Views)

1 2 3 Reply (Go Down)

Naira Dips Against Dollar by BeeBeeOoh(op): 5:47am On Jun 14, 2016
The Naira on Monday dipped against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

The Nigerian currency shed N8 to exchange at N360 to the dollar, from N352 it traded on Friday.

Also, the Pound Sterling and the Euro traded at N515 and N405 respectively.

Meanwhile, the official Central Bank of Nigeria (CBN) rate remained at N197 to a dollar.



Traders at the market attributed the unstable nature of the Naira to the scarcity of the greenback and hoarding of foreign exchange by currency speculators. (NAN)
Read more at http://www.herald.ng/naira-dips-dollar/#8Ejmw9OeSx06mP8D.99

Lalasticlala

Re: Naira Dips Against Dollar by Frankiss44(m): 5:58am On Jun 14, 2016
Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?
Re: Naira Dips Against Dollar by OgaTheTop2: 6:09am On Jun 14, 2016
Frankiss44:
Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?
Shut up.
Re: Naira Dips Against Dollar by youngest85(m): 6:10am On Jun 14, 2016
Naira bn falling under the anointing of dollars since 74 b.c(buhari corruption)
Re: Naira Dips Against Dollar by Frankiss44(m): 6:11am On Jun 14, 2016
OgaTheTop2:
Shut up.
Ignored*
Re: Naira Dips Against Dollar by Nobody: 6:14am On Jun 14, 2016
OgaTheTop2:
Shut up.
why are you telling him to shut up? Is he not entitled to his own opinion anymore?
Re: Naira Dips Against Dollar by Mediapace:
Buhari is that you ?

Don't think that you'll contest at all in 2019 o
OgaTheTop2:
Shut up.
Re: Naira Dips Against Dollar by Project400: 6:27am On Jun 14, 2016
sad sad
Re: Naira Dips Against Dollar by opiaoku: 6:29am On Jun 14, 2016
that's the only place i wish bullharry to succeed because it's affecting me directly grin
Re: Naira Dips Against Dollar by Nobody: 6:43am On Jun 14, 2016
1 Dollar = 1 Naira
Dollar Be Beans
Re: Naira Dips Against Dollar by OgaTheTop2: 6:50am On Jun 14, 2016
Frankiss44:
Ignored*
Better dolt. Else you tell us where in any publication Buhari said he would make 1naira to a $ in verbatim.
Re: Naira Dips Against Dollar by OgaTheTop2: 6:55am On Jun 14, 2016
osabuohein:
why are you telling him to shut up? Is he not entitled to his own opinion anymore?
Of course he is, so am I? My opinion is for him to shut up else he comes up with publication where Buhari said, in verbatim, he would make 1naira a $.
Re: Naira Dips Against Dollar by looseweight: 7:18am On Jun 14, 2016
Na wah oooooooo

D way naira value is going down, it will soon discover oil ooo
Re: Naira Dips Against Dollar by SurePresident: 7:19am On Jun 14, 2016
Buhari is working, doubters are doubting... Have u ever noticed that "the darkest part of the night is just when the day is about to break"?!
Re: Naira Dips Against Dollar by lorbah001(m): 7:19am On Jun 14, 2016
Leave dollar make hin dey flex muscle now .... We go soon yeye ham
Re: Naira Dips Against Dollar by amclimax(m): 7:19am On Jun 14, 2016
Before you talk always think...all the blames we always go to buhari cuz he promise to do something.... Either good or bad e go still favour some people.... I pity dos at the lose side
Re: Naira Dips Against Dollar by alphaconde(m): 7:19am On Jun 14, 2016
maybe we should change our currency, the naira is not doing well and doesn't seem to know how to do well.
Re: Naira Dips Against Dollar by haconjy(m): 7:20am On Jun 14, 2016
you call this rise...
Re: Naira Dips Against Dollar by tuoyoojo(m): 7:21am On Jun 14, 2016
if the Naira does not hit 500 naira to a dollar before the end of the year

I pledge one large cup of kuna zaki to all nairaland members

those people working abroad na dem hammer pass now o

so much for stabilising oil prices

and equating one dollar to a naira
Re: Naira Dips Against Dollar by clefstone(m): 7:21am On Jun 14, 2016
Dullarpo at work
Re: Naira Dips Against Dollar by verabetsy(f): 7:21am On Jun 14, 2016
chai the central bank is tired of mediating between naira and dollars
I think they want to allow a free show between naira and dollars
Re: Naira Dips Against Dollar by adonbilivit: 7:21am On Jun 14, 2016
naira just dey go down everyday. dollar must be enjoying the bj
Re: Naira Dips Against Dollar by Exponental(m): 7:22am On Jun 14, 2016
I haven't heard or read anything about how to revive the Nigeria economy except "patronize made in Nigeria goods" and our presido can't even patronize Nigeria doctor or rest in his country!
Re: Naira Dips Against Dollar by david22uu(m): 7:23am On Jun 14, 2016
p
Re: Naira Dips Against Dollar by fransixe(m): 7:23am On Jun 14, 2016
Frankiss44:
Before the end of this year, dollars fit Don reach 1000 naira to one dollar oh.. Which year baba wan fulfil him promise of making the exchange rate 1 naira to 1 dollar na?
the year wey fowl grow teeth...
Re: Naira Dips Against Dollar by Curdlebug(m):
God help us all



meanwhile,



some Grade1, i mean very
sound, great condition
TVS KEKE NAPEP needed,
just quote me.
Re: Naira Dips Against Dollar by Pavore9: 7:24am On Jun 14, 2016
verabetsy:
chai the central bank is tired of mediating between naira and dollars

I think they want to allow a free show between naira and dollars
Naira is so weak it has given up already! cheesy
Re: Naira Dips Against Dollar by eightsin(m): 7:24am On Jun 14, 2016
Death of the naira
Re: Naira Dips Against Dollar by emmykk(m): 7:25am On Jun 14, 2016
OgaTheTop2:
Shut up.
truth dey bitter you
Re: Naira Dips Against Dollar by Joel3(m): 7:25am On Jun 14, 2016
there are reports of low and decline in bank deposit for all banks. and federal government deposits goes straight to CBN. banks are running out of cash. as withdrawals are made daily with low deposit turn out. business men are now moving their monies away from Nigeria banks and converting them to dollars as fear and projections of worsen devaluation can been seen ahead.

hence banks now want to introduce cashless transaction where digits (monies) are moved from one account to another without human capital or banks running out of physical cash.
Re: Naira Dips Against Dollar by Nobody: 7:26am On Jun 14, 2016
Diabolic change!
1 2 3 Reply

Naira Dips Against Dollar As Oil Price Rises To $48.05Naira Appreciates Against DollarToday's Naira Rate Against Dollar, Pound And Euro234

SunTrust, The Branchless Bank Opens In LagosPlease How And Were Can I Buy Goods In Bulk From Wholesalers In Lagos And AbaHelp!!! Nipost Has Dealt With Me