₦airaland Forum

The Naira took a fall again on Tuesday, December 6, as it dropped to N485 from N484 against the dollar and N600 from N590 against the British pound at the parallel market.

However, the local currency maintained the N510 per Euro as it was yesterday, December 5.

Dollar to Naira
Some have attributed the fall of the naira to the recent crackdown in the parallel market against currency traders.

However, Vice-President Yemi Osinbajo, in an interview with Reuters, said “his office was working with the central bank to make the foreign exchange market more flexible and more reflective of actual demand and supply”.

At the official side of the market, the naira depreciated from 305 to 315 per dollar, while the pound went for N401.

Source: http://naijamini.com.ng/not-naira-falls-n4851-n600-1/

It is finished on the cross of CBN forex management unit

Lalasticalala
Mynd44
Dominique
Seun

a dollar must be equal to 500 before the end of 2016 or...

General Cassandra keep up d good work

Don't cry if you cheered the destruction of pipelines. This is the result.

Wait o, this is how we fold how hands to watch PMB destroy Nigeria!!?

zombies come nd defend the Daura President. come nd explain how the crash of naira would benefit Nigeria.

stupid president without a brain with hid foolish supporters

The way Naira is going, it may soon go deeper than South Korean Won!

we don die

When we told some people on this very platform, they called us all kinda names.

Onatisi, where are you at ?

LoveMachine:
Don't cry if you cheered the destruction of pipelines. This is the result.

Have you finished praising Buhari for dividing the country into 97% and 5%

Continue laughing at the 5% while oil production plummets.

LoveMachine:
Don't cry if you cheered the destruction of pipelines. This is the result.

Don't cry if u cheered n supported the election of the ignorant bigot in office, this is just a bit of the results.

The same people crying today will vote Bihari again just out of spite for igbos. Their sheer hatred blinds them during elections.

hehe SAI BABA!
Zombies see your Baba Handiwork

knightsTempler:
When we told some people on this very platform, they called us all kinda names.

Onatisi, where are you at ?

bros , remaining small . nobody go teach Nigerians

OMG I remember when £ was still N250 barely 3 years ago.

Buhari has totally destroyed what is left of Nigeria's economy. What a leader, he has sunk a whole country into recession (with his backward no head no tail policies) not once but TWICE!! What a record, a shameful record.

Odago!!!

wxyz1:
Wait o, this is how we fold how hands to watch PMB destroy Nigeria!!?

Good question!! This is alarming

Animal is Buhari

Now tell me what is unbelievable in this??

Until it is $1 = N1
dont come here and type this unbelievable bulllcrap

LoveMachine:
Don't cry if you cheered the destruction of pipelines. This is the result.

..and who's responsible for the protection of pipelines?
Is the country's chief security officer actually doing his job?
.
.
#z.o.m.b.i.e.s should stay clear of my mention.
I'm annoyed! !

Which way Nigeria?

One of the bright side of the CHANGE

By the time this man finish with you guys

Unbelievable wetin?

With d dullard in charge, nothing is unbelievable!

buhari is a Dundee

[b] *Had it been Buhari did not become President*:

*1. We will think that by now fuel will be #45 per litre*.

*2. We will think that by now #1 will be equal to $1*.

*3. We will think that by now three million jobs would have been created*.

*4. We will think that by now unemployed youths would have been receiving #5,000.00 stipends*.

*5. We will think that by now pupils would have been getting at least a meal(including fruits) in school*.

*6. We will think that by now Buhari would have made his assets and liabilities public*.

*7. We will think that by now maternal and children healthcare services would be free*.

*8. We will think that by now Boko Haram will be a thing of the past*.

*9. We will think that by now all corrupt leaders will be in jail*.

*10. We will think that by now Electricity will be 24/7*

*11. We think that by now Nigeria will be the Greatest and strongest Economy in the world*.

*12. We will think by now a bag of rice will be N5000 with a boom in Agriculture*.

*13. We will think by now Nigeria would have recovered all looted funds*. [/b]

And another pipeline goes booom!!!... and the people celebrate!