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Nairaland Forum / Nairaland / General / Business / Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 (19699 Views)
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Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by nlfpmod: 9:59am On Sep 19, 2023 |
The naira experienced a historic low against the dollar, dropping to N960/$1 on Monday, following the recent appointment of Yemi Cardoso as Nigeria’s upcoming central bank governor. https://nairametrics.com/2023/09/19/black-market-welcomes-cardoso-appointment-with-n960-1-p2p-now-n970-1/ 2 Likes 1 Share
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Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by mrjoeblinks: 10:11am On Sep 19, 2023 |
Ehen? . Whatever una dey do make una sha no reduce that rate make I no swear for una o 15 Likes 3 Shares |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by AfonjaConehead: 10:11am On Sep 19, 2023 |
Wow...I regret changing my $100 about two months ago.. Damm I changed it for #74 grand! Ohhh Mehnnnn 28 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by hisexcellency34: 10:11am On Sep 19, 2023 |
Why not appoint someone who is still active in the banking industry We don't need padi padi arrangement 37 Likes 6 Shares |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by DrAkpamudehe: 10:11am On Sep 19, 2023 |
A wa lo kan 43 Likes
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Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by AfonjaConehead: 10:12am On Sep 19, 2023 |
mrjoeblinks: |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by zcee: 10:12am On Sep 19, 2023 |
It will definitely favour me and my family 34 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by ROYALMAXCLEANER: 10:12am On Sep 19, 2023 |
Which ways nigeria.....? |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Nazgul: 10:12am On Sep 19, 2023 |
As long as the supply of dollars into the economy keeps declining while demand for dollars remains relatively unchanged courtesy of the country’s huge demand for dollars fuelled by dependence on imported goods for many economic activities, the Naira would keep falling. What Nigeria needs to rescue it's naira is a huge inflow of dollars. 41 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by lomprico(m): 10:12am On Sep 19, 2023 |
1k/$ is lurking close. 30 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by iCauseTrouble: 10:12am On Sep 19, 2023 |
On your mandate we shall stand 17 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Airlord2030: 10:13am On Sep 19, 2023 |
Alright |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Okwyjesus(m): 10:13am On Sep 19, 2023 |
nlfpmod: Naira is nose diving. I can't believe this. 4 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Boldideas: 10:13am On Sep 19, 2023 |
nlfpmod: Getting it right is easy The Nigeria Export Promotion Council should be turned into Nigeria Export Promotion and Investment Agency. The FG can use their discretion in scrapping Nigeria Investment Promotion Council or merge them both. The Nigeria Export Promotion Council have the database of those who have successfully exported charcoal, cassava chips, cashew nuts, and so on from Nigeria. These companies can be expanded to create a paradigm shift from focus on oil to agro processing and other commodities for export. This will increase our forex earnings, and also create massive jobs employment opportunities for all Nigeria youths both the employable and unemployable ones and boost tax revenue in all ramifications. They have succeeded in whatever by exporting their products out of Nigeria, partnership with the Federal Government for business and industry expansion should be strategized for industrialization and economy boost. It is God's wisdom that Joseph used to save Egypt from famine, only wisdom can save us now. Peace!!! 11 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by CHRISSANCHEZ(m): 10:13am On Sep 19, 2023 |
I diss Dollar VS Naira exchange rate with ABRACADABRA by Naira Marley........ Great jam.. 18 Likes 2 Shares |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Austineva(m): 10:13am On Sep 19, 2023 |
Welcome to the zoo where Bigger Animals rules and eat the lesser foolish and docilic animals 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 5 Likes 2 Shares |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Shattuck(m): 10:13am On Sep 19, 2023 |
Tinubunomics 101, the NNPC borrowed billions of dollars to stabilize the naira yet nothing has been heard from them, can we all now agree that Tinubu is a scam. obviously the old man has nothing to offer except to loot and embezzle with his gang of thieves, you can't be playing trial and error with the economy. 16 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by dapsoneh: 10:13am On Sep 19, 2023 |
This guy has an uphill task ahead of him...1k/$ is inevitable before the end of the week 9 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by FitCorper: 10:13am On Sep 19, 2023 |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by minakom: 10:13am On Sep 19, 2023 |
mrjoeblinks:So many of your kinds in Nigeria. Unfortunate 2 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by ZombiePUNISHER: 10:13am On Sep 19, 2023 |
Brace yourselves for the great Tinubulation.. The social media Bandits that supported Buhari for eight years have now shifted their support to Tinubu... what a tragedy... 11 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Moneyxpress: 10:14am On Sep 19, 2023 |
1k here you come, Nigerians living in Nigeria are bleeding, believe me, this one have passed shege banza 6 Likes 1 Share |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Mandate1: 10:14am On Sep 19, 2023 |
Politics is over, reality is and will remain with us. 10 Likes 1 Share |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by datola: 10:14am On Sep 19, 2023 |
Welcome Cardoso, member of Bourdilon Lagos rulers. 3 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by TongueTwista(m): 10:16am On Sep 19, 2023 |
The weird part now is, if you have folks or contacts in the diaspora and you receive foreign currencies either through Western Union or Ria or Moneygram, banks staff are readily available to process your transaction, then confidently ask you if you're selling. Once you affirm, they buy from you at the black market rate inside the banking premises..😂. It's almost like even commercial banks have lost hope for the naira and are in turn looking to turn a profit from these swift dealings. 21 Likes 1 Share |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by MrCuteking(m): 10:16am On Sep 19, 2023 |
Just like forex, when it breaks the #1,000 high, we will start looking at #2,000. 😂 Whatever you do legitimately, try to earn in dollar. 18 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Ritchiee: 10:16am On Sep 19, 2023 |
Forex problem. It is going to come down,God willing. 3 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by PureFace1(m): 10:17am On Sep 19, 2023 |
crypto currency is having a major impact on this. I don't think it will be this tough if there is no crypto currency, CBN is competing with crypto currency because they are the major back bone of blackmarket now. 6 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by ruggedboych: 10:17am On Sep 19, 2023 |
e go enter 1500 per dollar by December 3 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by Landowner101(m): 10:17am On Sep 19, 2023 |
Should Naira cross #1000 / $1, #1500 /$1 is the next destination. Economy isn't built on propaganda. 13 Likes |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by mrjoeblinks: 10:17am On Sep 19, 2023 |
minakom:. Unfortunately Na your kinds dey unfortunate |
Re: Black Market Welcomes Cardoso With ₦960/$1, P2P Now ₦970/$1 by FuckDModz: 10:18am On Sep 19, 2023 |
Tinubu is working! Fuel prices will soon jump too. But if you're a bulaba butt licker, you should be fine. 10 Likes
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