₦airaland Forum

THE naira on Monday fell severely against the dollar in both the parallel and black markets.



At the interbank market, the local currency lost 53 kobo to close at N308.32, from N307.79 it closed on Friday.

Trading at the Bureau De Change showed that the naira lost five points to exchange at N445 against the dollar, while it traded for N565 and N480 against the Pound Sterling and the Euro respectively.

The naira also closed at N445, N559 and N484 to the dollar, Pound Sterling and the Euro at the parallel market.

Traders at the market linked acute forex shortage of the greenback to the poor performance of the naira at the market.

The President of the Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, said the BDCs were set to key into Travelex platform for forex sales.

Gwadabe said biometric registration of BDCs and subsequent funding was ongoing.

He said this move would lead the naira to the path of recovery.

http://www.socialtimesng.com/2016/09/naira-crashes-further-to-n445-per-dollar/



Lalasticlala

na wa ooo

Gwadabe said biometric registration of BDCs and subsequent funding was ongoing.
He said this move would lead the naira to the path of recovery

All these voodoo policies can't do squat. They keep applying band aids to a festering sore.
What magic has their shallow and half-assed moves performed since they came on board? What makes them think they can control the finance, when they have no control and very little contribution to international trade.

Which means N500/$ is loading...

And they blame God sent GEJ

Sai Casandra........breaking all records back to back

Ok

Soft work

keep.it up keep it up

more dollars more.money for me

am lovin this

Hahahahah.... This country sef ... So 1/2 dollar is = N222.5 ... Kai

Ifeanyi Uba for commit suicide ... Who remembered what he said ? https://www.nairaland.com/2952865/n200-per-dollar-proposal-ifeanyi

London bridge is falling down! Useless people forming Jackie Chan while in real life are just a set of despicable people.....shioooor

And the pig still went to U.S last week to continue blaming GEJ.

mk I go sleep...wake me up when 1 Dullard is 1naira

Thank God ...... All the working boi in the aus are now rejoicing

that's no news.

Nigeria shall one day be Great. Cheer Up and Never Give Up .
A must-read Thread, Click: http://
www.nairaland.com/3370254/guys-kill-killing-
relationship-before

May God help us

Kuku round am off to N500 make we know say the money no get value again. Soon, na wheelbarrow we go take dey carry money go buy bread

Mogbe, ati wo gau

The naira is going down. Looking for crude oil in north east.

Very bad

What a bitter change.


Now, I believe Fayose 100%.

He said Buhari is a calamity to Nigeria

guywitzerogal:
Thank God ...... All the working boi in the aus are now rejoicing

working boiz will be paid at the rate of 334/dollar

Dullard of Daura, carry go! Your zombies are tired of blaming GEJ for your failures, but they still love you.

Calmly chewing my kolanut........

OgidiOlu3:
Kuku round am off to N500 make we know say the money no get value again. Soon, na wheelbarrow we go take dey carry money go buy bread

Hahahaha

Who did we offend that God is using Buhari to punish us for?

The thought of how much I will use to renew my professional certification scares me. How did we get to this point?

OgidiOlu3:
Kuku round am off to N500 make we know say the money no get value again. Soon, na wheelbarrow we go take dey carry money go buy bread