₦airaland Forum

The Naira has depreciated further to N484 per dollar at the parallel market, NAIJ.com can report this Friday, December 2.

The currency weakened from N480 to N482, then further down to N484/$1 at the black market on Friday afternoon.

The local currency also crashed to N590 to a Pound from N585 and N510 for the Euro from N500.


https://www.naij.com/1070601-naira-crashes-n484-dollar-bdcs-go-underground.html

Where are all those who were hailing Buhari for using DSS to go after Black market operators?

Una never see something.

You don't use gragra to achieve equilibrium.... let the market adjust itself.



for those who know Dr. Bello in unilorin

It doesnt seems crashed enuf...... it needs to crash and also nose dive.....

OZAOEKPE:
You don't use gragra to achieve equilibrium.... let the market stabilize itself.

Nigerians think they can prophesy or decree life into an economy in the 21st century.

nwabobo:
Where are all those who were hailing Buhari for using DSS to go after Black market operators?

Una never see something.

so afonjas really hailed the dullard for that? With afonjas, Nigeria is cursed.

Lalasticlala, over to you.

We don enter

Na wah oh

Then one kill person ehn?

DSS carrying out raids on the BDC without the FG making the market forces determine the Forex rate shows the government lacks the capacity to turn this economy around. God help us!!

Blood of buhari

Buhari devaluating the naira against the Deutsche Mark and French Franc

Hmm, ..ll rather kill myself than commit suicide .

9ja which way which way


I give up


Time to start parking my bags
------>movement

It would be better if it fell to N252

rose54321:
Can you stop this "Afonja" thing, its getting stale.

Why further divide an already divided country.

God bless you my sister/brother, you spoke some sense to an adult with a kid's brain

Buhari is a big blunder!

Chaiii

Dis dss ppl ar nt workin ....they should arrest d dollar

Force never wins any economic battles.

I knew from the day they started the raid that it was only a matter of time before we got here.

Mr. President thinks everything is by gra gra.

Economic variables do not dance to the whims and caprices of force.

Since you're operating a floating exchange rate regime, allowing the market forces of demand and supply to determine the rates is an absolute prerequisite to achieving exchange rate stability.

The only way out is to tinker with the supply source; not the middlemen. Threatening them will only exacerbate the situation.

See pesin wey mosquito land for hin scrotum dey form boss.

For a market that depends on speculation, this will only get worse.

Well, the black market just got blacker. It's a pity that we have to bear the brunt of your incompetencies.

Buhari is like Arsenal.* specialist in failure

When we said Nay, They said Yay
Square pegs in round holes
What would you have me say?
Professional incompetences from head to toe

Can you damn a water and allow it flow?

Buhari doesn't care if 1$ =N5000, as long as his kids are fine.

Buhari

Sack Emiefiele now, he will ruin you.

r

Those Yahoo Yahoo Boyrs outhere will be like..

Guy, Guy, Guy. come seeooo... thank God

God i beg mak i even collect one control this one way dollar don rise henn, God i beg o

FreeGlobe:
so afonjas really hailed the dullard for that? With afonjas, Nigeria is cursed.

Can you stop this "Afonja" thing, its getting stale.

Why further divide an already divided country.

I'm tired of the country.... Very soon Congo, Botswana, Lesotho etc will be preferable destinations for Nigerians to run to...

cool

my sugar daddys pay in dollar