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Nairaland Forum / Nairaland / General / Business / Naira Crashes To 1,030/$ As Speculators React (28102 Views)
Naira Maintains Steady Falls As Speculators Scoop Dollars / Naira Eyes N1,300/$ At Parallel Market As Speculators Offload FX / Naira Crashes To Record Low At Official Market (2) (3) (4)
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Naira Crashes To 1,030/$ As Speculators React by ogododo: 7:58am On Nov 07, 2023 |
The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week. https://punchng.com/naira-crashes-to-1030-as-speculators-react/ 1 Like 1 Share
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Re: Naira Crashes To 1,030/$ As Speculators React by Neckpresser101: 8:04am On Nov 07, 2023 |
Na everyday this Una dollar dey crash go 1050 ![]() Propaganda doesn't run government 91 Likes 7 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by magoo10(m): 8:08am On Nov 07, 2023 |
tinubu and his fire brigade approach to the economy is making the naira look stupid. After borrowing billions in the pretense of saving the naira they use the money in buying yatch and exotic vehicles while their dummy supporters come online to drink their pee. 150 Likes 10 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by IVORY2009(m): 8:10am On Nov 07, 2023 |
Propaganda govt The have agents in all sectors of the economy, media houses, Here on nairaland, etc lies upon lies 57 Likes 4 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by GanagiBitrus: 8:10am On Nov 07, 2023 |
All these Naira & Dollar markets dey very unstable. My standard for Good Governance remains Cost of Living as reflected in prices of goods and services in the market. 17 Likes 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Ikaeniyan0: 8:16am On Nov 07, 2023 |
The CBN needs to clear some of the backlog again this week 5 Likes 4 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 8:17am On Nov 07, 2023 |
Neckpresser101:Be calm... Those hoarding dollars go hear am hot hot ... Naira will gain massively...just be watching this space[color 7 Likes 3 Shares
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Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 8:18am On Nov 07, 2023 |
Ikaeniyan0: ![]() ![]() ![]() Imagine the guy hearing $30 billion dollars incoming to clear backlog...I swear that nigha go slump for ground ![]() ![]() 9 Likes 4 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Ikaeniyan0: 8:20am On Nov 07, 2023 |
Kachidubem: ![]() E will never get back his #8 million as things dey go 3 Likes 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by ogododo: 8:25am On Nov 07, 2023 |
Kachidubem: If we dey produce for Naija, he for pay us. Look at Japan. 6 Likes |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 8:26am On Nov 07, 2023 |
Ikaeniyan0: Never ever ... see. How that nigga Don trap him money... Let now imagine , dollar gets back to 1280 in 5 years time ... so this nigga will have to leave that money dere for 5 years to get back his 8 million... that thing wey 8 million fit buy now ,in 5 years time , e fit come double or triple in price..lol Wetin exactly him gain ? Sha Sha ... Naira is on a project heading for 550/1$ by the time Dangote starts to save us $30 billion... I can't wait for 2024. God bless Nigeria God bless Dangote refinery Dollar hoarders go collect wotowoto back to back ![]() 12 Likes 6 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 8:30am On Nov 07, 2023 |
ogododo:True ...but the main reason why naira is weak is because we source for over $15 billion dollars bringing refined oil from overseas.... Once Dangote kick start....he will save us the stress of sourcing $15 billion and in return 80% of the money we pay to Aliko , bad man will still pump it into the eco system ![]() Inorder words , money isn't really leaving our shores. 8 Likes 3 Shares
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Re: Naira Crashes To 1,030/$ As Speculators React by ogododo: 9:04am On Nov 07, 2023 |
Kachidubem:Nlfpmod, dem wan tell us anoda story, whose kind dangote. |
Re: Naira Crashes To 1,030/$ As Speculators React by lilvicky68(m): 9:09am On Nov 07, 2023 |
Kachidubem:You better wait till then before you start jubilating as dangote may end up sourcing crude oil from overseas with dollars 24 Likes 2 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Skillsnigeria: 9:23am On Nov 07, 2023 |
Okay |
Re: Naira Crashes To 1,030/$ As Speculators React by babamadiba(m): 9:23am On Nov 07, 2023 |
This is the news they have been praying and waiting for. Food is ready. You people should come and eat. 1 Like 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Parydelegate: 9:23am On Nov 07, 2023 |
Ok |
Re: Naira Crashes To 1,030/$ As Speculators React by KillIgbohoN0W: 9:23am On Nov 07, 2023 |
They will keep playing ping pong with Nigerians until Xmas when the main blow will land. 3 Likes |
Re: Naira Crashes To 1,030/$ As Speculators React by Elvis2kay: 9:23am On Nov 07, 2023 |
Naaa lie |
Re: Naira Crashes To 1,030/$ As Speculators React by IPDGP: 9:24am On Nov 07, 2023 |
Like for Naira Share for Dollars 6 Likes 21 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Makunahatata: 9:24am On Nov 07, 2023 |
Bad news fr some ppl 1 Like |
Re: Naira Crashes To 1,030/$ As Speculators React by Okwyjesus(m): 9:24am On Nov 07, 2023 |
Re: Naira Crashes To 1,030/$ As Speculators React by Heineken(m): 9:24am On Nov 07, 2023 |
If anybody believe say dollar go ever dey go down with wetin this government talk, then the person get big problem. 13 Likes 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Patriotsleague: 9:25am On Nov 07, 2023 |
Nigeria is the only country where its own citizens pray for it's currency to fall, and it's economy destroyed, what an evil people. No other country in the world do people speculate with dollars, hoarding it, praying our currency falls so their hoarded dollar rises. Very stupid dumb myopic people. 27 Likes 5 Shares |
Re: Naira Crashes To 1,030/$ As Speculators React by Makunahatata: 9:25am On Nov 07, 2023 |
IPDGP:u wan withdrawal the likes and shares take chop? |
Re: Naira Crashes To 1,030/$ As Speculators React by udemzyudex(m): 9:25am On Nov 07, 2023 |
Crash? I thought they said the dollar is around #950? |
Re: Naira Crashes To 1,030/$ As Speculators React by PortHarcourtcit(m): 9:25am On Nov 07, 2023 |
Jagaban is working... Obi is hating... 1 Like 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by tonytony208(m): 9:25am On Nov 07, 2023 |
LeoDeKing, FreeStuffsNG, show your shameless faces here. Your city boy, so called builder of Lagos seems to be more useless than buhari. 14 Likes 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Woodshot: 9:25am On Nov 07, 2023 |
Naira don't know where it's going or coming.... |
Re: Naira Crashes To 1,030/$ As Speculators React by NutritionGuru: 9:26am On Nov 07, 2023 |
Ikaeniyan0: Kachidubem: ![]() 3 Likes 1 Share |
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