Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,362 members, 7,998,705 topics. Date: Sunday, 10 November 2024 at 02:28 AM

Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 (16487 Views)

Cost Of Goods To Rise As Bank Systems Migration Cripples Cargo Clearance At Port / Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1..!! / Naira Tumbles To N435/$1 At Official Market As CBN Adjusts Forex Rate (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by bigiyaro(m): 8:00pm On Dec 08, 2023
😂😂😂😂😂...where are the children of hate and perdition, protesting against #240/1$ under Jonathan? From June to date, adjustment upon adjustable. Clueless morafvckin thieves, from stealing mandates to stealing national money, they steal everything stealable, while releasing misleading statistics and meanwhile things are getting worst, especially for their brainless erats like freestuffs. God punish all APC and everyman that brought this abomination unpon the innocent children of Nigeria.

2 Likes 1 Share

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by TheRealestGuy(m): 8:00pm On Dec 08, 2023
Khyrvxjzy:



coming from ibo that have never and will never rule nigeria

You just assumed that he is Igbo grin

Seems its only Igbo people that think well in Nigeria cos that's you people's first attack line whenever you see post against Ronu buffoons.

Meanwhile, Yoruba and Fulani that have been "ruling" for decades, where has it taken Nigeria to? How has it benefited the common man?

People like you are still in bondage both spiritually and physically grin

Igbo hate will consume you in due course, Mark my words wink

3 Likes 1 Share

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by one4GOD(f): 8:06pm On Dec 08, 2023
iamjagars:

I never voted for tinubu oo
yeah. Its is well smiley

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Chuzoetoh(m): 8:09pm On Dec 08, 2023
samogo1:
Thank God we dodge Bullet of Peter Obi and entered bazuka of city boi grin.

May this CBN adjustment and food price hike favour me and my family cool
mumu can read but can't comprehend, show this article to someone of higher educational qualification to interpret it for you
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Chuzoetoh(m): 8:10pm On Dec 08, 2023
marlow1962:
Very good, when everyone has turn to semi skeleton or full blown skeleton, then I believe y'all will wake up, but for now let them stand very well on mandate.

Supporting and routing for the people who's keeping you all chained up, ain't you the biggest foool in life? Yes you are.

You're free to insult me or obi that's has made money and he's not being affected by the policies of your lord and personal savior jagaban.
I swear bro, they can keep insulting Obi wey don escape poverty for life

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by BeigJawnson(m): 8:11pm On Dec 08, 2023
Roger3D:
Christmas celebrations are of pagan origins. No real Christian need celebrate the birth of Christ cos it's meaningless

Pagans don't celebrate Jesus Christ, neither do they worship Jesus Christ. We Christians do and the celebration is not meaningless becos the three wise men celebrated his birth... So rest...

3 Likes

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by joba4luv: 8:12pm On Dec 08, 2023
Islie:


https://leadership.ng/yuletide-prices-of-goods-to-rise-as-cbn-adjusts-exchange-rate-to-n951-1/

I think this is the right time for a revolution if Nigerians are not coward and ready to die in poverty
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by engrjacuzzi: 8:13pm On Dec 08, 2023
A day will come when this present government will cancel public holidays.... Even during yuletide season, Nigerians are groaning

Times are indeed hard
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by one4GOD(f): 8:16pm On Dec 08, 2023
JudasNaKarrot:
I thank God every day for this hardship in Nigeria. In fact my prayer everyday is that things continue to get worse. Let prices of food stuff and basic needs continue to rise, and let the Naira continue to fall yakata like an old woman's breast.
Nigerians must suffer what they brought unto themselves. No matter how loud you pray, no matter the deciets from their so called men of God in Lagos and the west that refused to speak out because it is their brother's turn....God cannot be mocked. All your prayers ain't going anywhere. You will reap what you sowed.
You all left someone who would have made this country a better place, both in economy and otherwise, but decided to vote along ethnic and religious lines.....una go suffer.
A lot of us from the South South and East are facing it also, but the heat is more in the impoverished North and South West.

Merry Christmas in advance.

Renewed Shege.

I dont like when I read people reson the way you did. Talking like this makes it look like tinubu became president by votes and you and I saw he never won at the poll and am thinking he knew he will never win hence he was ahead of us by buying those at the top with the support of buhari who knew that it can only take someone like tinubu to succeed him before he can escape the evil he brought upon the nation. Yes we saw some myopic fools who openly supported him on bases of tribe and religion and I hope they are enjoying it.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by ambale(m): 8:16pm On Dec 08, 2023
But this man was seen during the senate screening shooting the fair exchange rate is #700

Propaganda no fit full belle ooo, cos wtf is this nitori olorun

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by XAUBulls: 8:16pm On Dec 08, 2023
Islie:


https://leadership.ng/yuletide-prices-of-goods-to-rise-as-cbn-adjusts-exchange-rate-to-n951-1/
Importation into the country this yuletide period will be low while prices of imported goods will rise as the Central Bank of Nigeria (CBN) has adjusted the official exchange rate from N783.174/$1 to N951.941/$1

LEADERSHIP gathered that the adjustment was made on Thursday morning by the CBN, meaning the cost of clearing cargoes in the nation’s seaports will go up.

It could be recalled that the CBN had on June 24, 2023 adjusted the exchange rate from N422.30/$1 to N589/$1 and on July 6, 2023, it was adjusted to N770.88/$1, on November 14, 2023, it was adjusted to N783.174/$1, and now adjusted to N951.941/$1.


Clearing agents, however, stated that with the N194 increment, cargoes will be abandoned at the nation’s seaports while prices of goods will skyrocket as a result.

Speaking to our Correspondent, a clearing agent, Comrade Onome Monije, said freight forwarders and importers would have a bleak Christmas.

However, maritime experts have argued that the new Customs exchange rate effectively means there would be an increase in import duty payable by clearing agents to the Nigeria Customs Service (NCS) and would overall affect prices of goods in the market.

Confirming the increment, Comrade Monije, who is the public relations officer, Tin Can Island chapter of the Association of Nigerian Licenced Customs Agents (ANLCA), rued the increment, saying clearing agents will now pay more for cargo clearance at the various seaports.

She said the increment will affect vehicle clearance, saying clearing agents should engage their clients to forestall possible disagreement.

“The federal government has increased the Dollar exchange rate, from N422.30 to N589.45, then to N770.88. In November, it was moved to N783.174 ans now, we are at N951.941 to a dollar. What it implies in simple terms is that, if clearing agents have a Debit Note that has not been paid on the system or Pre-Arrival Assessment Results (PAAR) or they have given you the value and you have not captured, it has affected you directly.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by WayoProphet: 8:22pm On Dec 08, 2023
Omo, I no dey import anything come Nigeria again till further notice.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Tetraozonaitera: 8:22pm On Dec 08, 2023
The more naira is devalued the more it pays the thiefing politicians.

The stolen hard currencies in the homes and domiciliary accounts turns to double.

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by oguns222: 8:32pm On Dec 08, 2023
Nbote:
Where is the hopeless FreeStuff slowpoke who keep yapping and pouring spit everywhere about how useless govt is mobbing liquid cash. The govt mopped your brain and that of your likes

Freestuffsng, yarimo, seunmsg, biodun555, liodeking. They are the national traitors
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Khyrvxjzy: 8:37pm On Dec 08, 2023
TheRealestGuy:


You just assumed that he is Igbo grin

Seems its only Igbo people that think well in Nigeria cos that's you people's first attack line whenever you see post against Ronu buffoons.

Meanwhile, Yoruba and Fulani that have been "ruling" for decades, where has it taken Nigeria to? How has it benefited the common man?

People like you are still in bondage both spiritually and physically grin

Igbo hate will consume you in due course, Mark my words wink

e easy na

na only ibo dey think well
na only ibo get sense pass for the world
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Ashez: 8:52pm On Dec 08, 2023
iamjagars:


Yes sir , adim very obedient 100%
Manage that small one brother, ife agbaa na uzo erika nwanne, we will overcome

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Anthony0094(m): 8:53pm On Dec 08, 2023
Roger3D:
Christmas celebrations are of pagan origins. No real Christian need celebrate the birth of Christ cos it's meaningless

and later, you will say that you are educated
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Johel(m): 9:11pm On Dec 08, 2023
Islie:


https://leadership.ng/yuletide-prices-of-goods-to-rise-as-cbn-adjusts-exchange-rate-to-n951-1/


The almighty will preserve and provide for his own, this doesn't apply to the corn heads and agbado miscreants.
Dem go surfer sote suffering will become part of their life.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Tinyemeka(m): 9:57pm On Dec 08, 2023
AutoManual:
.egg cross 100 yesterday to 110. With this latest it will be heading to 130-150. During Pdp 20.

Hungry man indomie 450 is heading to 500. During pdp 100.

Bad time to do business in this country

I'm sorry I don't understand please.

Are you talking about a single egg?
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by writeprof(m): 10:01pm On Dec 08, 2023
AutoManual:
.egg cross 100 yesterday to 110. With this latest it will be heading to 130-150. During Pdp 20.

Hungry man indomie 450 is heading to 500. During pdp 100.

Bad time to do business in this country

Where be that? Eggs moved from ₦100 to ₦120 in my area in October.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by writeprof(m): 10:03pm On Dec 08, 2023
Tinyemeka:


I'm sorry I don't understand please.

Are you talking about a single egg?

E shock you? Of course, it's ONE egg. Yes, the egg we used to buy ₦15 less than few years ago.

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by IamAtikulate: 10:08pm On Dec 08, 2023
Tinubu will be the last Yoruba man to rule this country
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by iamjagars: 10:16pm On Dec 08, 2023
Ashez:

Manage that small one brother, ife agbaa na uzo erika nwanne, we will overcome
I see your hand … thank so much & God bless you
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Tinyemeka(m): 10:43pm On Dec 08, 2023
writeprof:


E shock you? Of course, it's ONE egg. Yes, the egg we used to buy ₦15 less than few years ago.

cry

It's so unfair.

Just around the period that Jonathan handed over, I got upset when I had to buy a crate for N300.

1 Like

Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by TheGoodJoe(m): 10:56pm On Dec 08, 2023
Seun, seunmsg

Where is your voice? This is what you fought for.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by Roger3D(m): 11:24pm On Dec 08, 2023
BeigJawnson:


Pagans don't celebrate Jesus Christ, neither do they worship Jesus Christ. We Christians do and the celebration is not meaningless becos the three wise men celebrated his birth... So rest...
You're one of those ignorant fellows who don't research into the origins of their faith. Christmas is a pagan celebration and will always be. A simple Google search will cure your hopeless ignorance
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by igbosarejews(m): 11:46pm On Dec 08, 2023
davodyguy:
It was a great mistake voting this guy as President
If you voted for Buhari and voted in this man, my guy you need fîring squard
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by crackhouse(m): 11:59pm On Dec 08, 2023
Tinubu will handle the economy, shettima will handle security.. how far guys? Hope he dey handle am well?
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by africaBlogworld: 12:02am On Dec 09, 2023
Brace up for impact, Hope we get better at it.
Re: Yuletide: Prices Of Goods To Rise As CBN Adjusts Exchange Rate To N951/$1 by davodyguy: 2:08am On Dec 09, 2023
igbosarejews:

If you voted for Buhari and voted in this man, my guy you need fîring squard
Na your family present and unborn that would face firing squad.

Who told you I stay in same region with you or voted during the last election?

(1) (2) (3) (4) (5) (Reply)

My Journey To $1k In 30 Days With Cpa / Cold-room Business: Any Ideas? / Small Scale Manufacturing Business Ideas To Start From Home

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.