₦airaland Forum

By Modupe Gbadeyanka

The free fall of Naira at the foreign exchange market entered another fresh climax in the afternoon of Wednesday, February 15, 2017.

Business Post reports that the local currency moved from N507 per Dollar it opened this morning to N510 in the afternoon.

Last week, the Naira first hit the N500 mark from N498 to the Dollar, before finishing the week at N503 per Dollar.

Also as at the time of writing this report, the British Pound Sterling is being exchanged at N625 from N620 it opened on Wednesday morning, while the Euro is traded at N535 in contrast to N532 it opened.

http://www.businesspost.ng/2017/02/15/breaking-naira-crashes-n510-per-dollar/

OK

naija which way forward?

wat is so breaking abt dz

Soon the Ediots will try to cash out


that's when EFCC will break their bloccus

The Naira has been hovering around the N500 psychological resistance for some time now. But once this level is broken, it is going to make a dash for N520 or N530 before we see some pullback as people start offloading.

The final burial of importation business

Once upon a time, there was a country.

Eddodoh:
The final burial of importation business

No doubt about that.

they shud keep standing with buhari



if na only me, this is sweet news, but overall , the economy will die

stagger:
The Naira has been hovering around the N500 psychological resistance for some time now. But once this level is broken, it is going to make a dash for N520 or N530 before we see some pullback as people start offloading.

I predicted this days back. Now the 520 price is here with us.