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Nairaland Forum / Nairaland / General / Business / Naira Drops To 490/$1, 600/£1 (53422 Views)
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Naira Drops To 490/$1, 600/£1 by sleekkid2015: 12:33pm On Sep 30, 2016 |
Naira drops to 490/$1, 600/£1 owing to ‘bombardment’ from Chad, Benin https://www.thecable.ng/naira-drops-to-4901-6001due-to-bombardment-from-chad-benin?_e_pi_=7%2CPAGE_ID10%2C6744103421 2 Likes
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Re: Naira Drops To 490/$1, 600/£1 by sleekkid2015: 12:34pm On Sep 30, 2016 |
God Please save us... We arent Spending Dollar in naija yet it still affecting us.. Wat a Mess SEE More @ http://www.musbizubeat.com/2016/09/naira-about-hit-the-dreaded-n500-mark-see-todays-naira-exchange-rate-against-dollar-pound-and-euro/ 21 Likes 3 Shares |
Re: Naira Drops To 490/$1, 600/£1 by borntosuccess(m): 12:54pm On Sep 30, 2016 |
dis is serious 2 Likes |
Re: Naira Drops To 490/$1, 600/£1 by basisop(m): 1:00pm On Sep 30, 2016 |
No policy in view to check the freefall. The President and his economic team are confused. We are in deep sh!t. We are heading to N1,000/$1 before December . 96 Likes 3 Shares |
Re: Naira Drops To 490/$1, 600/£1 by SUPERPACK: 1:01pm On Sep 30, 2016 |
who cares, sai buhari forever 26 Likes 2 Shares |
Re: Naira Drops To 490/$1, 600/£1 by BlackPeni5: 1:05pm On Sep 30, 2016 |
Wahala dey. Meanwhile, I think the banks are responsible for this outrageous rise in the exchange rate over the last 16 months. Since TSA funds have been taken away from them, the only way to make money is to sell the foreign exchange in their possession at exorbitant rates. 19 Likes |
Re: Naira Drops To 490/$1, 600/£1 by Nobody: 1:16pm On Sep 30, 2016 |
BlackPeni5:exactly, why should government be selling forex in the first place, let them sell their $ at the black market and use the money to build infrastructure to spur local industries. 5 Likes 3 Shares |
Re: Naira Drops To 490/$1, 600/£1 by Nobody: 1:50pm On Sep 30, 2016 |
Lalasticlala https://www.thecable.ng/naira-drops-to-4901-6001due-to-bombardment-from-chad-benin?_e_pi_=7%2CPAGE_ID10%2C6744103421 |
Re: Naira Drops To 490/$1, 600/£1 by sleekkid2015: 2:50pm On Sep 30, 2016 |
NAwa ooi |
Re: Naira Drops To 490/$1, 600/£1 by SlaughterGang: 5:55pm On Sep 30, 2016 |
#10 more to 500 Cmon Buhari...you can do it 150 Likes 12 Shares |
Re: Naira Drops To 490/$1, 600/£1 by NotNairalandi(m): 5:55pm On Sep 30, 2016 |
the lord is good 5 Likes 2 Shares |
Re: Naira Drops To 490/$1, 600/£1 by Nobody: 5:55pm On Sep 30, 2016 |
Unfortunately, the naira will continue to slide against the dollar for the next two-three years coz our supply is far less than our demand. There is no policy that the CBN will bring up that will suffice. That is why we need to go through excruciating pains now to plant our rice, resuscitate our textile industry, build our own refineries and make our higher institutions world class, fix our erratic electricity, reduce pilgrimage and depend less on imports. The truth is WHAT WE DON'T HAVE IS WHAT WE DON'T NEED, it's time to look inwards. 91 Likes 10 Shares |
Re: Naira Drops To 490/$1, 600/£1 by tspun(m): 5:55pm On Sep 30, 2016 |
This is bull.shitt A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation. I day fear for my country 12 Likes |
Re: Naira Drops To 490/$1, 600/£1 by ventilation: 5:56pm On Sep 30, 2016 |
I'm fed up 3 Likes 1 Share |
Re: Naira Drops To 490/$1, 600/£1 by handysuzy(f): 5:56pm On Sep 30, 2016 |
...God where are we going? 2 Likes |
Re: Naira Drops To 490/$1, 600/£1 by Dottore: 5:57pm On Sep 30, 2016 |
Let this man resign nah 19 Likes 1 Share |
Re: Naira Drops To 490/$1, 600/£1 by Sijo01(f): 5:57pm On Sep 30, 2016 |
The clueless dul'lard keeps blaming the past administration for his incompetence. 26 Likes |
Re: Naira Drops To 490/$1, 600/£1 by Cornerstone001: 5:58pm On Sep 30, 2016 |
Bull Sh!t This is too bad |
Re: Naira Drops To 490/$1, 600/£1 by teemswest(m): 5:58pm On Sep 30, 2016 |
D |
Re: Naira Drops To 490/$1, 600/£1 by ALAYORMII: 5:58pm On Sep 30, 2016 |
490 to 1 |
Re: Naira Drops To 490/$1, 600/£1 by salabscholar01(m): 5:58pm On Sep 30, 2016 |
ONE DAY, THE NAIRA SHALL SURPRISE THE DOLLAR = 44 Likes 4 Shares |
Re: Naira Drops To 490/$1, 600/£1 by steppin: 5:58pm On Sep 30, 2016 |
Oh boy! |
Re: Naira Drops To 490/$1, 600/£1 by zicoraads: 5:59pm On Sep 30, 2016 |
We would soon get to one thousand naira at this rate. Went to get a laptop battery today and I almost screamed out loud. We are in soup! 7 Likes 1 Share |
Re: Naira Drops To 490/$1, 600/£1 by Nobody: 5:59pm On Sep 30, 2016 |
N500, here we come baby! Zimbabwe loading. Meanwhile the dullard is still blaming GEJ for his failures which isn't surprising. Anyone who fails exams would always blame his teachers for being vindictive or his parents for not providing chop money 60 Likes 2 Shares |
Re: Naira Drops To 490/$1, 600/£1 by Dannyset(m): 6:00pm On Sep 30, 2016 |
This isn't getting funnier! 2 Likes 1 Share |
Re: Naira Drops To 490/$1, 600/£1 by Nobody: 6:00pm On Sep 30, 2016 |
Apc is a curse And so is every Afonja state like Edo 35 Likes 2 Shares |
Re: Naira Drops To 490/$1, 600/£1 by jerryunit48: 6:00pm On Sep 30, 2016 |
Oh boy see wahala o . Is it really true? |
Re: Naira Drops To 490/$1, 600/£1 by plaetton: 6:00pm On Sep 30, 2016 |
sleekkid2015:It's a Flight To Safety Scenario. CAPITAL Flight. Everyone, foreigners and locals are telegraphing their complete loss of confidence in the government. Investors usually vote with their money. That is what is happening. This house has fallen. 11 Likes |
Re: Naira Drops To 490/$1, 600/£1 by DeltaOil: 6:00pm On Sep 30, 2016 |
[size=14pt]BUHARI SAID[/size] http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/ [size=14pt]INSTEAD SEE WHAT WE ARE GETTING[/size] [size=14pt]ALL WE GET FROM BUHARI ARE [/size] [size=14pt]WE ALL NEED TO[/size] 18 Likes |
Re: Naira Drops To 490/$1, 600/£1 by Clone2020(m): 6:00pm On Sep 30, 2016 |
If you want to send money to relatives in Nigeria, I will buy your dollars @400/$ while you deposit into my US bank account. Dont even bother with western union and co, they exchange for 330/$. All transactions are done within 1 minute. Call or whatsapp, see contact in signature 2 Likes 1 Share |
Re: Naira Drops To 490/$1, 600/£1 by chiedu7: 6:00pm On Sep 30, 2016 |
[size=14pt]NAIRA NO DEY SMILE AGAIN[/size] [size=14pt]THINGS ARE SO BAD THAT[/size] 16 Likes 1 Share |
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