₦airaland Forum

Hissssss

Genea:
smiles dearie
Remember to follow

come on facebook.com and I will follow ya

Ok

can't wait for 1Naira to equal 1$ as promised by Mr president.

Forget interbank rate.What we know is parallel market rate and its too high.we cant source dollars to import.imagine 10k dollars at almost 500k.

groomed:
come on facebook.com and I will follow ya

hahahaha dats my name on fb too so u can follow on both places

Today gain na +N3
Next week fall go be -N5
Net effect

Only .
I need help if only you and LIB can assist poor boy like me , then I will follow immediately

Genea:
smiles, just trying to help lighten up ur days and nights with lovely inspirational quotes

AleAirHub:
Only .
I need help if only you and LIB can assist poor boy like me , then I will follow immediately

mmmmm can't say dear, maybe u shud ask linda

[s]

Genea:
mmmmm can't say dear, maybe u shud ask linda

[/s]

AleAirHub:

[s][/s]

smile dear, all things work for those who believe and smile

haha

Believe kai.
Oya help me with tp make I take enter mainland this morning .
Then I go believe you die

Genea:
smile dear, all things work for those who believe and smile

AleAirHub:
Believe kai.
Oya help me with tp make I take enter mainland this morning .
Then I go believe you die

hahahaha tell them u r from me, dey will allow u enter

If you want to send money to relatives in Nigeria, I will buy your dollars at the rate of 400/$ while you deposit into my US bank account. Dont even bother with western union and co, they exchange for 310/$ plus fees and delays. Don't bother with Bank transfers either, they charge fees, have delays and worst of all, they will tell you they don't have US dollar cash at their branch

All transactions are done within 1 minute, guaranteed.


Call or whatsapp, see contact in signature

abdulskulboy:
the naira will be stronger than dollar if donald HILLARY CLINTON emerge as the US president, believe me.

If Hillary Clinton wins, that spells doom for many well meaning financial policies. You better believe me.
I said the same about Buhari during election, but the zombies did not believe me.

Nawa oooo
Make I check if Na real lib rep I dey follow yan here....
Me no dey understand .

Genea:
hahahaha tell them u r from me, dey will allow u enter

Truth234:
How do you bring down what you don't control? Parallel market rate is being determined by speculators, they will do anything to sabotage all efforts by CBN for few gains.

As far as I'm concerned to some extent CBN is still pegging the exchange rate, it hasn't been entirely floated as we think, Dollars is sold to Oil Marketer's at 300+ just because they want to continuously regulate the price of Oil at 145, and the secondary demands are met by travellex and first bank.

If they had really floated the exchange rate we won't be having two rates in the market (parallel and interbank rate) we would have a uniformed rate and the forces of demand and supply would determine the exchange rates.

How can you deliberately ristrict the use of naira debit and credit cards outside the country! That's the most ridiculous move by CBN, people are stranded all in the name of we are short on dollar.

I just pray for the best for Naija.
These guys are just regular folks with prerogatives they aren't doing so much to salvage the economy from this endless downturn

AleAirHub:
Nawa oooo
Make I check if Na real lib rep I dey follow Ryan here....
Me no dey understand .

lolx

engrjacuzzi:
can't wait for 1Naira to equal 1$ as promised by Mr president.

The waiting has not started yet. This is pre-warmup before warmup stage.

seunmsg:
A month ago, it was N500 and today, it's N465. With the right policies and strict enforcement by CBN, it can still come down to below N400.

please don't forget we were exchanging at 250₦ just about a year ago. The aim is at least 250₦ not 400₦

I only believe NL for now and please edit your post that we should also follow you here. Until LIB & you is ready to buy chairman ooo beer , before I go follow your page on LIB.

Genea:
lolx

“The reality is that as of today and this morning, we are at 2.1 million barrels production. That’s substantial,” said Emmanuel Kachikwu, Minister of State for Petroleum"

We don't even know what to believe any more! Today, the militants are to blame for dwindling income and power generation, tomorrow ....we're in full production capacity and peak power generation ...Haba! What are we to believe kwanu

Truth234:
The Nigerian Naira extended its gains against the US dollar across the foreign exchange market on Tuesday.

The local currency improved N4.06 at the interbank market to close at N304.75, from N308.81 it traded on Monday.

Accordingly, the Naira gained N3 at the parallel market to close at N465, from N468 it closes on Monday.

While, at the Bureau De Change segment, the Naira was exchanged at N385 to a US dollar — in line with CBN directive.

Forex traders have attributed the improvement to the increase in the market liquidity due to the weekly sale of forex by Travelex and First Bank of Nigeria.

The First Bank of Nigeria and Travelex were approved by the CBN to help boost market liquidity through the sales of diaspora remittances to the Bureau De Change operators in an effort to curb counterproductive activities of some financial institutions.

The Naira has since gained N35 on the parallel market, from N500 it traded about a month ago and appreciated N16 in the interbank market to close at N308.81 on Tuesday.

Experts expect liquidity in the market to improve once OPEC goes through with Algiers accord on November 20 in Vienna, Austria.

“This, is because oil is forecast to trade at $60 a barrel after production cut, and with Nigerian output currently averaging 2.1m barrels a day. The country is likely to boost its external reserves needed to service the economy and prop up the Naira value through the CBN intermittent intervention in the foreign exchange market,” said analysts at Investors King Ltd.

“The reality is that as of today and this morning, we are at 2.1 million barrels production. That’s substantial,” said Emmanuel Kachikwu, Minister of State for Petroleum.

The pound and Euro were exchanged at N565 and N504 respectively.

http://investorsking.com/naira-extend-gains-against-dollar-across-fx-markets/

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AleAirHub:
Rubbish....
Fx that was @214 during Gej now is 466 and ppl are praying for it to drop to 350-400. Madness

Thank you ooo.You can imagine...

AleAirHub:
I only believe NL for now and please edit your post that we should also follow you here. Until LIB & you is ready to buy chairman ooo beer , before I go follow your page on LIB.

owk sir, I will do so
Smiles

75% of our Forex demand goes to the oil sector.This is because of the dallar receipts paid to refined oil imports.The govt should build Modula refineries since the four existing ones can't be fixed.With this ,the dollar demand by the oil sector will vanish and the fx will reasonably be available.

What was it by this time last year?

MrPRevailer:
If Hillary Clinton wins, that spells doom for many well meaning financial policies. You better believe me.
I said the same about Buhari during election, but the zombies did not believe me.

And Trump is a better choice

Wow... 1dollar will be exchanged for 1naira before buhari leaves un 2019.. click like if you belive click share if you dont.

Good