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Nairaland Forum / Nairaland / General / Business / Naira Strengthens, Gains N2 Against Dollar (16629 Views)
Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$(2016) / Naira Strengthens To N435/$ On CBN Dollar Glut / Naira Strengthens Against The Dollar As Bdc Intervention Goes On (2) (3) (4)
Naira Strengthens, Gains N2 Against Dollar by eyesoflagos: 5:11am On May 12, 2017 |
NAIRA STRENGTHENS, GAINS N2 AGAINST DOLLAR source: http://www.eyesoflagos.com/2017/05/naira-strengthens-gains-n2-against.html The Naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than the N388 it closed on Wednesday. At the same segment, the pound sterling and the Euro closed at N495 and N425, respectively. At the Bureau De Change (BDC), the naira was N362 to the dollar, while the pound sterling and the Euro exchanged for N492 and N423, respectively. The naira was exchanged at N305.6 to the dollar at the interbank. Currency traders said that the weekly offering of foreign exchange to BDCs by the CBN was paying off and restoring stability to the exchange rate. Alhaji Aminu Gwadabe, the President of Association of Bureau de Change Operators of Nigeria (ABCON), said that he expected the naira to continue to appreciate in the coming weeks. Gwadabe said that BDCs had taken measures to ensure that they would not run foul of the law in the foreign exchange market.
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Re: Naira Strengthens, Gains N2 Against Dollar by HungerBAD: 5:17am On May 12, 2017 |
At all at all. 2 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by donaldinho111: 5:19am On May 12, 2017 |
HungerBAD:How much was it sold under PDP? 37 Likes 2 Shares |
Re: Naira Strengthens, Gains N2 Against Dollar by baylord101(m): 5:41am On May 12, 2017 |
Dollar don reach it's final bus stop, dangling around N350+ 4 Likes 1 Share |
Re: Naira Strengthens, Gains N2 Against Dollar by 989900: 6:23am On May 12, 2017 |
382 |
Re: Naira Strengthens, Gains N2 Against Dollar by Epositive(m): 6:43am On May 12, 2017 |
nawa o, everytime i see headlines like "naira rises", "naira strengthens", or "naira appreciates", yet it's below 360 6 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by crackerspub: 7:38am On May 12, 2017 |
he Naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than the N388 it closed on Wednesday. At the same segment, the pound sterling and the Euro closed at N495 and N425, respectively. CHAI!!! They promised us 1 dollar equals 1 Naira, am still waiting The Thunder way go fire this people still they warm up in Mountain of Fire 24 Likes 1 Share |
Re: Naira Strengthens, Gains N2 Against Dollar by DivinelyBlessed: 7:38am On May 12, 2017 |
N2 cannot even buy pure water. It is well 3 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by Nobody: 7:38am On May 12, 2017 |
Nigeria's problems wont be solved until we restructure all systems in the country 5 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by MikeMicheal(m): 7:38am On May 12, 2017 |
Since we so much depend on dollar, Maybe we should start using dollar as our currency already! Mtcheew 5 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by Tazdroid(m): 7:39am On May 12, 2017 |
Irony.., To make the Naira stronger, you need the Dollar. Dollar is the akpu, adrenaline, cocaine 1 Like |
Re: Naira Strengthens, Gains N2 Against Dollar by hucienda: 7:39am On May 12, 2017 |
Guess it has stabilised around 360 thereabouts. Hope it keeps strengthening. 1 Like 1 Share |
Re: Naira Strengthens, Gains N2 Against Dollar by opalu: 7:39am On May 12, 2017 |
What they call 'Strengthen' these days! |
Re: Naira Strengthens, Gains N2 Against Dollar by Igboesika: 7:39am On May 12, 2017 |
This is not what we discussed. We discussed one naira should be equal to a dollar. Why always posting this trash since they are yet to meet up with the expectation ?. 6 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by madridguy(m): 7:40am On May 12, 2017 |
Still very weak against the US dollar. |
Re: Naira Strengthens, Gains N2 Against Dollar by Nobody: 7:40am On May 12, 2017 |
chei... 2 naira |
Re: Naira Strengthens, Gains N2 Against Dollar by Nobody: 7:40am On May 12, 2017 |
Stock market is also doin well. ABEG make Buhari no come back afain oooooo |
Re: Naira Strengthens, Gains N2 Against Dollar by HRich(m): 7:40am On May 12, 2017 |
Get your own naira today, and allow it gain strength in your pocket and not to CBN Use this 3VQ65RH |
Re: Naira Strengthens, Gains N2 Against Dollar by KingsleyCEO: 7:40am On May 12, 2017 |
You see? Immediately Bubu steps out of the country things naturally gets better. The difference between a blessed man and the other man is very clear. Dear God, please bless us all... 1 Like |
Re: Naira Strengthens, Gains N2 Against Dollar by imosedavid: 7:41am On May 12, 2017 |
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Re: Naira Strengthens, Gains N2 Against Dollar by oyienootieno: 7:41am On May 12, 2017 |
donaldinho111: What was our foreign reserve and how much was a barrel of crud oil? People that have no biz with the dollar sef go come form "in the know" mitcheeew 5 Likes 1 Share |
Re: Naira Strengthens, Gains N2 Against Dollar by blaqroy: 7:41am On May 12, 2017 |
APC the worst nightmare |
Re: Naira Strengthens, Gains N2 Against Dollar by Buharimustgo: 7:42am On May 12, 2017 |
I don't like reading or hearing this CBN crap,because its not impacting positively in the market,the companies keep increasing their prices then u wonder whats the benefits of the dollar crash since the past three months 3 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by aggen: 7:42am On May 12, 2017 |
Osinbajo's magic fingers @ work 1 Like |
Re: Naira Strengthens, Gains N2 Against Dollar by oloriooko(m): 7:43am On May 12, 2017 |
Bubu started suffering memory loss long time ago, so during his campaign the guy was busy talking trash and quickly forgetting all he said. SMH |
Re: Naira Strengthens, Gains N2 Against Dollar by loadedvibes: 7:44am On May 12, 2017 |
Lol. Gently let's keep it going.. we go soon hit 1naira to 1usd |
Re: Naira Strengthens, Gains N2 Against Dollar by Opinedecandid(m): 7:45am On May 12, 2017 |
aggen: Osinbajo has the grace of God on him. The other man lacks it. #TheDifference 1 Like |
Re: Naira Strengthens, Gains N2 Against Dollar by ayindejimmy(m): 7:46am On May 12, 2017 |
Igboesika: You and you discuss that? |
Re: Naira Strengthens, Gains N2 Against Dollar by Nobody: 7:47am On May 12, 2017 |
In the land of the blind, the one eyed man is king. See them celebrating mediocrity. Is this what you promised us in 2015? Bunch of confused clueless leaders. Trial and error administration 1 Like
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Re: Naira Strengthens, Gains N2 Against Dollar by Nobody: 7:48am On May 12, 2017 |
Bubu is a calamity, catastrophic, plague, self made recessive clown a total setback to human race.... ladies and gentlemen have u noticed that good things always happened when ever the stockfish is on medical leave to all you zombies....... quote the prophet and die of hunger and starvation 1 Like |
Re: Naira Strengthens, Gains N2 Against Dollar by xynerise: 7:49am On May 12, 2017 |
They shouldn' make this news until it appreciates below N200 2 Likes |
Re: Naira Strengthens, Gains N2 Against Dollar by IMASTEX: 7:49am On May 12, 2017 |
Nice one. PMB your absence is producing result. Just keep it so. We will be paying your bill. 2 Likes |
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