Naira Continues To Depreciate Against Dollar - Business

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Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$ / Naira Continues Appreciating Against Dollar, Sell At ₦‎1,100 / Naira Continues Appreciation Against USD At Forex Market (2) (3) (4)

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Naira Continues To Depreciate Against Dollar by ogododo: 9:33pm On Jul 29

The naira continued its decline against the dollar on the foreign exchange market on Monday.

FMDQ data showed that the naira further weakened by N2.11 to N1,611.40 per dollar on Monday from N1,609.29 traded last Friday.

Similarly, the naira-to-dollar exchange rate at the black market dropped by N5 to N1,600 on Monday from N1,595 traded last week.

This development comes despite the Central Bank of Nigeria’s sales of $148m to 29 authorised FX dealers last week.

DAILY POST reports that within the last two weeks, the Central Bank had sold $254.5 million to legitimate FX dealers.

https://dailypost.ng/2024/07/29/naira-continues-to-depreciate-against-dollar/

4 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by ytdivine(m): 9:37pm On Jul 29

Until we become a production nation, this fx issues will continue to fluctuate our economy.

47 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by Elisedi: 9:43pm On Jul 29

ytdivine:
Until we become a production nation, this fx issues will continue to fluctuate our economy.

it is called, free fall

28 Likes

Re: Naira Continues To Depreciate Against Dollar by TemplarLandry: 9:44pm On Jul 29

Re: Naira Continues To Depreciate Against Dollar by PrivateSeal: 9:47pm On Jul 29

Emilokan economics, if you don't get it forget about it

94 Likes 6 Shares

Re: Naira Continues To Depreciate Against Dollar by DMerciful(m): 9:48pm On Jul 29

Naira falling is due to g
where g = acceleration due to gravity grin

21 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by NwaNimo1(m): 9:48pm On Jul 29

$1 = N2000 by end of August.....

70 Likes

Re: Naira Continues To Depreciate Against Dollar by PerfectStranger(m): 9:54pm On Jul 29

Lots of Nigerians who use to look healthy are now losing weight due to hardship including me. Wehdone tinubu

83 Likes

Re: Naira Continues To Depreciate Against Dollar by EyeCumInPiece: 10:36pm On Jul 29

And yet Thïefnubu said Nigeria economy is on the path to recovery.
It's either he is lying to himself or he is totally corn-fused.

May God deliver his people from this disastrous plague called éBola.

70 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by Esama: 10:38pm On Jul 29

What Ghana is producing that your country not producing? Your currency continue falling like toddler why Ghana currency continues appreciate.

ytdivine:
Until we become a production nation, this fx issues will continue to fluctuate our economy.

41 Likes

Re: Naira Continues To Depreciate Against Dollar by Macphenson: 10:57pm On Jul 29

Re: Naira Continues To Depreciate Against Dollar by MrEverest(m): 12:45am On Jul 30

The drug lord’s target is to kill all Nigerians and he is gradually achieving it. If Nigerians are wise, they should smoke out that old bastard now from aso rock.
They should use their last strength to chase him out like the criminal he is before people starts dropping dead on the streets.

Tinubu must go!!!

69 Likes 3 Shares

Re: Naira Continues To Depreciate Against Dollar by ogododo: 9:06am On Jul 30

Nawaoo Nlfpmod.

Re: Naira Continues To Depreciate Against Dollar by mrjoeblinks: 9:13am On Jul 30

Ehen?
.
If na only this one, I no get problem grin

1 Like

Re: Naira Continues To Depreciate Against Dollar by orikoku: 9:13am On Jul 30

And everything is getting costlier every day. And they say they don't want protest.

16 Likes

Re: Naira Continues To Depreciate Against Dollar by Olarewaju89: 9:13am On Jul 30

Hamster kombat should Lunch their stuff now. Let me know how much i will collect oo

2 Likes

Re: Naira Continues To Depreciate Against Dollar by Jestin: 9:14am On Jul 30

No need to talk too much .

20 Likes

Re: Naira Continues To Depreciate Against Dollar by atobs4real(m): 9:14am On Jul 30

Nothing is working

11 Likes

Re: Naira Continues To Depreciate Against Dollar by Anguldi(m): 9:14am On Jul 30

Nigeria on Auto pilot tongue

Tinubu on the beat

Unstable economic policies. Tinubu messed up by fighting dangote publicly. No more investors that will bring dollars. Diasporans prefer save their money with them.
It's well oOoOO

17 Likes

Re: Naira Continues To Depreciate Against Dollar by ednut1(m): 9:14am On Jul 30

Despite blaming binance, international school fees, abokis on the road etc

66 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by iwaeda: 9:14am On Jul 30

ogododo:

https://dailypost.ng/2024/07/29/naira-continues-to-depreciate-against-dollar/

He built Lagos, dollar will settle at N700. Even it will reduce to N300. When we told you, someone that has no school certification, but we are told he worked in Mobil. We can see the havoc now. grin

30 Likes

Re: Naira Continues To Depreciate Against Dollar by Calenikan(m): 9:14am On Jul 30

Nawa o

Re: Naira Continues To Depreciate Against Dollar by atobs4real(m): 9:14am On Jul 30

Nothing is working
Who do we offend?
Or we are the problem of our self

5 Likes

Re: Naira Continues To Depreciate Against Dollar by specialmati(m): 9:15am On Jul 30

someone said he built Lagos and created the touts and agberos in that state but can't do same in Nigeria.the druggie is a fraud .oh Lord save the country

28 Likes

Re: Naira Continues To Depreciate Against Dollar by Gadafii: 9:15am On Jul 30

Tinubu and his criminal gangsterzzz are running the country aground.

The only achievement of tinubu so far is "he won" the 2023 election 😂😂

17 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by uchwar1: 9:15am On Jul 30

2000 / dollar is the target abi

4 Likes

Re: Naira Continues To Depreciate Against Dollar by TableLeg(m): 9:15am On Jul 30

Agbadorians and the useless government are not talking about FX again.
Everything don crumble.
It will never be well with APC, Agbadorians and Emilokan crew.
Enikuuure, one by one.
End.

16 Likes

Re: Naira Continues To Depreciate Against Dollar by Racoon(m): 9:15am On Jul 30

Meanwhile, Cardoso's utter cluelessness, ineptitude and incompetency have been manifested like his equally clueless appointor.

15 Likes

Re: Naira Continues To Depreciate Against Dollar by geoworldedu: 9:15am On Jul 30

The story of Nigerian politicians seem to me like a local GAME OF THRONE aka Itura, where Obasanjo is now looking like a saint in the level of King Jagungbade. Yaradua now appear to be Obafemi. Abacha like Balogun Ojuade, Jonathan like Prince Sijuade and Tinubu like Odejimi.

I can only expect the worst from Odejimi-like Tinubu.

Please let them update the next series of this season film. I hope Odejimi won't kill or imprison all these protesters of ~~Nigeria~~ Ibaokuta o?

3 Likes 1 Share

Re: Naira Continues To Depreciate Against Dollar by Naira20: 9:15am On Jul 30

Hmmn Tinubunomics

2 Likes

Re: Naira Continues To Depreciate Against Dollar by TableLeg(m): 9:15am On Jul 30

specialmati:
someone

Gadafii:
Ct

Se e ya weyrey ni?
How old are you people?

1 Like

Re: Naira Continues To Depreciate Against Dollar by AcuraZDX: 9:16am On Jul 30

Helinues Yarimo Seunmsg Madridguy LegendHero Paraman FreestuffNG

8 Likes

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