Naira Falls To N460 Per Dollar In Black Market - Business

Naira Falls To N460 Per Dollar In Black Market - Business - Nairaland

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Naira Falls To N460 Per Dollar In Black Market by vivalavida(op): 6:32pm On Sep 28, 2016

The Nigerian Naira plunged further to a new record low on Wednesday, down 1.76 percent against the dollar on the parallel market even as dollar supplies dry up.

The local currency fell to 460 to the dollar on the black market, down from 452 at the close of trading on Tuesday.

Though the naira closed at 305.50 to the dollar on the official interbank market against 305 a dollar the previous day, traders said dollar liquidity remains a major challenge in the market. "Trading has continue to be thin on the interbank market as the dollar shortage persists while demand for the greenback remains strong," one dealer said. (REUTERS)

http://www.dailytrust.com.ng/news/business/naira-fells-to-n460-per-dollar-on-black-market/164295.html

2 Likes 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by ImpersonatorSS: 6:34pm On Sep 28, 2016

okay o

To earn dollars now is a MUST...

28 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by Nobody: 6:34pm On Sep 28, 2016*

The zoo called Nigeria has finally crumbled. I hate this country with passion. God forbid bad thing

14 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by TPAND(f): 6:34pm On Sep 28, 2016

Buhari has economically failed.

84 Likes 7 Shares

Re: Naira Falls To N460 Per Dollar In Black Market by hucienda: 6:42pm On Sep 28, 2016

Blessed are those who are paid in US dollars.

For even when asleep, their nairas keep multiplying.

Buhari. Adeosun. Emefiele.

What a Bae.

Trilogy of Incompetence.

141 Likes 10 Shares

Re: Naira Falls To N460 Per Dollar In Black Market by frinx: 6:49pm On Sep 28, 2016

Gradually it's moving towards the 1000naira equivalent....

we need strong policies to tackle this thing head on.

11 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by Tommfrench(m): 6:50pm On Sep 28, 2016

still expecting 500

Re: Naira Falls To N460 Per Dollar In Black Market by chuose2: 6:51pm On Sep 28, 2016

[size=13pt]THEY PROMISED TO MAKE ₦1 = $1
INSTEAD IT'S THE OPPOSITE![/size]

https://i.imgur.com/In74o09.png

[size=13pt]PLEASE WE NEED TO[/size]
https://i.imgur.com/MR2qR15.jpg

58 Likes 3 Shares

Re: Naira Falls To N460 Per Dollar In Black Market by SammieLowkey(m): 6:51pm On Sep 28, 2016*

460? Honestly, I fear for this country's future

53 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by steppin: 6:51pm On Sep 28, 2016

Waiting for round number.

3 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by Ehins22(m): 6:51pm On Sep 28, 2016

1 Like

Re: Naira Falls To N460 Per Dollar In Black Market by Nobody: 6:51pm On Sep 28, 2016

I think it's safe to say may the blessing of the Lord come into our lives in dollars, euros or pounds.
May the enemies curses of naira not dominate our lives.
Amen.

22 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by veekid(m): 6:51pm On Sep 28, 2016

Mr Buhari; Hava now?

6 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by princechinedu(m): 6:51pm On Sep 28, 2016

Once upon a time..They tell us say one dollar is equal to one naira. .

Once upon a time. .. You graduate from school and government go dash you car. ..

Once upon a time. .. You go travel from lagos to London and you no need visa. .

but now.. One dollar is equal to 460 naira. .

even the government no want make you graduate. .. talk more of to dash you car..

apply for visa na... You Don turn terrorist suspect..

13 Likes 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by EmmaOgbu(m): 6:51pm On Sep 28, 2016

11 Likes 2 Shares

Re: Naira Falls To N460 Per Dollar In Black Market by chiedu7: 6:52pm On Sep 28, 2016

[size=14pt]EVER SINCE APC CAME TO POWER & BUHARI BECAME PRESIDENT[/size]
https://www.may30.org/wp-content/uploads/2015/11/Nigerian-Ship-sicking.jpg

42 Likes 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by tommykiwi(m): 6:52pm On Sep 28, 2016

Abeg Edo state people make the change begin with Una for Edo... By Changing the yeye change APC pple bring...Edo pple we are counting on U guys. Let the change starts from Edo state.

36 Likes 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by Nobody: 6:52pm On Sep 28, 2016

about to kiss N500.Buhari,Adeosun et al una weldone

20 Likes 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by NNVanguard(m): 6:52pm On Sep 28, 2016

Only a change of this administration can resuscitate the falling naira!

#together we can!

Join NNV

2 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by EdoBoy90(m): 6:52pm On Sep 28, 2016

1$ to #1000 that is where we will get to in December.
This is just a tip of the ice berg.

2 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by segebase(m): 6:52pm On Sep 28, 2016

1000naira loading

1 Like

Re: Naira Falls To N460 Per Dollar In Black Market by Kriztovar13(m): 6:53pm On Sep 28, 2016

Keeps falling till it reaches he'll!! Lubbish

Re: Naira Falls To N460 Per Dollar In Black Market by vicdom(m): 6:53pm On Sep 28, 2016

Buhari and his cronies ( mosquito economic team) must not see nor know peace......amen!

2 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by Nobody: 6:53pm On Sep 28, 2016

N500 loading!
Wait ooo, when Buhari said he would make A dollar equal to N1, we should have asked him if he meant N1000

8 Likes

Re: Naira Falls To N460 Per Dollar In Black Market by iyobs7(f): 6:53pm On Sep 28, 2016

Re: Naira Falls To N460 Per Dollar In Black Market by Frank3n2(m): 6:53pm On Sep 28, 2016

~~Nigeria~~

1 Like

Re: Naira Falls To N460 Per Dollar In Black Market by henryutd(m): 6:53pm On Sep 28, 2016

Near target.

Re: Naira Falls To N460 Per Dollar In Black Market by Toronto123: 6:53pm On Sep 28, 2016

Those that have kids abroad, how do you pay school fees?

1 Like

Re: Naira Falls To N460 Per Dollar In Black Market by inisco: 6:54pm On Sep 28, 2016

has it not reach #1000 buhari promise them??sombori sai chain..

1 Like 1 Share

Re: Naira Falls To N460 Per Dollar In Black Market by sammyj: 6:54pm On Sep 28, 2016

Re: Naira Falls To N460 Per Dollar In Black Market by namuguibe(m): 6:54pm On Sep 28, 2016

No froblem, from N460 it will come down to $1=N1. Think I am joking just ask @GenBuhari

1 Like

Re: Naira Falls To N460 Per Dollar In Black Market by funnynation(m): 6:54pm On Sep 28, 2016

In Ycee voice ''Going down just like naira sef..

*Nairaland official comedian* *Irep042* *AbjFinestMC* *CFR*

1 Like

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