yes, spill the beans

martho:

Guys be careful of dis guy. .gowaga ,Aliyu or whatever
I don't trust him. .he's fake
mr whatever; u know what happened b/w u and my sis dis morning.
u think we'll fall 4 your scam. . .anyways,dis Poo will never happen again.
Guys beware!

I have deal with him but it is cash and carry, no issue.

buying 158.5, selling 156

for real,its crazy isn't it?

Fhemmmy:

Specify your rate . . . . .

@Fhemmy

N1 (One naira) below the prevailing rate.

http://www.sapnetsolutions.co.uk/ i use them to determine the rate and they are usually pretty much on the dot when i phone in and confirm.They are a money sending agency but you can use the online calculator to determine the rate.
Yesterday i was told by mallam that it was buy 257 naira to £1 and if you check them it exactly that .
Not sure about dollars.

dangiwa09:

I have US$ in the US, and I need Naira in Nigeria. Lemme know If this is of interest to you.

I'm in of USD in Nigeria urgently, Need to transfer it to my biz partners in Europe,

Kindly send me an email on info@moasolutionsng.com, Lets discuss

It is N159 to a $. This was confirmed by my malam on the phone yesterday

9jarocks:

I'm in of USD in Nigeria urgently, Need to transfer it to my biz partners in Europe,

Kindly send me an email on info@moasolutionsng.com, Lets discuss

@9jarocks

Sorry, the deal has been done already. Thanks!

Bought at N162 at Hotel Presidential in PH before leaving the sports festival. This country is heading for an economic free fall.

=N=165. Just confirmed from Aboki

SEGAD:

=N=165.  Just confirmed from Aboki

mine is 164.5

I wonder where it is heading to. it is ridicules, it means the inflation will intensify more and more and tighten its feast on the poor

[size=16pt]CBN Raises Dollar Supply at WDAS[/size]

By Obinna Chima
12 Jul 2011

[size=12pt[b]]The Central Bank of Nigeria (CBN) Monday increased the supply of dollar at its bi-weekly auction [/b] following renewed demand for the
greenback. This led to an appreciation in the value of the Naira at the bi-weekly auction. Of course, the Naira slumped at other segments of the forex market as dealers resorted to alternative sources to meet their demand for the greenback. The local currency suffered significant set back at both the Parallel and Bureau De Change (BDC) markets.

Appetite for the dollar had dropped at the apex bank’s regulated Wholesale Dutch Auction System (WDAS) due to a new regulation which restricted dollar supply to all authorised currency dealers to a maximum of $250,000 to BDCs per week. Following the announcement of the policy, demand for the greenback had dropped to below $200 million at the WDAS.

But findings by THISDAY Monday showed that the regulator raised its supply by 100 per cent from $150 million at the previous auction held last Wednesday, to $300 million. The regulator was unable to meet $14 million out of the $314 million put up by the 20 banks that
participated in the auction. In comparison, demand rose by $4 million Monday as against the $310 million that was recorded last Wednesday.
However, the naira appreciated slightly by 50 kobo against the dollar at the WDAS to N150/$1 Monday, compared with the N150.50/$1 it attained last Wednesday.

At the interbank market, the Naira fell by 65 kobo against the dollar as it closed at N152.97/$1 Monday, compared with the N152.32/$1 it closed on Friday. The local currency slipped by N3 to N159/$1 at the parallel market Monday from its Friday’s value of N156/$1. It also dropped by N2 to N157/$1 at the BDC segment, from N155/$1 ON Friday. Experts at FSDH Securities Limited forecast that in the short term, there will be inflow of foreign exchange into the domestic government securities market, which according to them will propel exchange rate appreciation.
“We expect Treasury Bills auction of about N89.74 billion - (91 day NTB: N44.33bn; 182 day NTB: N45.40bn). Also, we equally expect the same amount to mature in the coming week. We also expect that the Federation Account Allocation Committee (FAAC) will meet in this week to release the allocation for the month of July. This may increase liquidity in the system and cause inter-bank rates to drop,” FSDH added in its latest weekly report[/size]

http://www.thisdaylive.com/articles/cbn-raises-dollar-supply-at-wdas/94892/

HI EVERYONE. want 2 chat wiv me? +2348063896204

Fhemmmy:

Updates on exchange rate of $$ on the street please

Word out says it's 167

shawonlese:

Word out says it's 167

heard the same thing too.

@ martho am very sori did not meet with ur sis was early had to tell her to be in 1st bank marina brn so as to send ma co worker,i was at home with sick lil son.at least she heared him cryin.but i told her hw to go about getin in near there.my family is more better than wat u got to give me. Wat a mess u callin me names.

https://www.nairaland.com/nigeria/topic-713590.0.html
happenin live

shawonlese:

Word out says it's 167

It is true, i got it 167

Fhemmmy:

That is so pathetic and the govt dont think something has to be done?
And people soon will be complaining about the prices of rides.

the worse still ahead, the government is heavily over spending which puts so much pressures on Naira and at the end it will collapse, and the only the average people will suffer. Is this the change we had been hoping?