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Nairaland Forum / Nairaland / General / Business / Naira Crashes To 1,030/$ As Speculators React (28193 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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Re: Naira Crashes To 1,030/$ As Speculators React by Patriotsleague: 10:21am On Nov 07, 2023 |
Goodoldays:We think we are wise, but a lot of so called rich men, had their relatives killed, kidnapped by armed robbers and kidnappers, who are victims of an economy and nation they sabotaged. We are very foolish and myopic, always hungry, without looking at the big picture. What a poverty mindset. Am speaking facts not day dreaming you stupid fool, I don't need to pray our currency is devalued or contribute to ruining the nation's economy by speculation of dollars and it's hoarding. Stupid fool, if you die, carry the dollar to your afterlife. |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 10:22am On Nov 07, 2023 |
nairalanda1:Dangote refinery is not the only refinery kick starting...they are about 4 Lets start fromsomewhere Rome wasn't built in a day... Do you know if $1 turns to 550...Japa will reduce drastically... People only want to Japa because exchange rate is high. If $1 was #1 naira...you won't see any soul at the embassy looking for visa 1 Like |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 10:24am On Nov 07, 2023 |
sonofthunder:That nigga 8 million don dey reduce to 6 million Dollar is currently 995 Chai , I come dey pity am...but why citizens go dey wish dia country bad. |
Re: Naira Crashes To 1,030/$ As Speculators React by peterpiiro(m): 10:25am On Nov 07, 2023 |
Naira will continue to crash throughout the remaining part of this year, it's simple logic. |
Re: Naira Crashes To 1,030/$ As Speculators React by DMerciful(m): 10:29am On Nov 07, 2023 |
Incompetent thieves and supporters pretending they know what they're doing. Oil is over 80$/barrel yet they cant generate money but shouting like demented goats when oil was 100$/ barrel yet GEJ was selling petrol to Nigerians at N87/liter. How was he able to do that yet dimwits says he ran a very corrupt govt. Yeye dey smell Ikaeniyan0: |
Re: Naira Crashes To 1,030/$ As Speculators React by SuccessfulRichi: 10:29am On Nov 07, 2023 |
I thought Tinubu government banned black market from publishing their rates. Wicked government. |
Re: Naira Crashes To 1,030/$ As Speculators React by SuccessfulRichi: 10:29am On Nov 07, 2023 |
I thought Tinubu government banned black market from publishing their rates. Wicked government. |
Re: Naira Crashes To 1,030/$ As Speculators React by biina: 10:42am On Nov 07, 2023 |
FG and CBN approach to managing the Naira is like someone trying to catch rain water with a basket - arrant stupidity |
Re: Naira Crashes To 1,030/$ As Speculators React by Treadway: 10:44am On Nov 07, 2023 |
No naa. I was still waiting for it to dip to like 900/850 so I can buy a couple thousands...that was way too short. Please come back down to like 900/850. FG oya pump more dollars make e crash abeg. I wasn't expecting it to start mooning so soon na. It's been just 1wk ffs If I no buy the dip, wetin I gain?? All I need is 1m profit before December abeg. Abeg FG do something. Crash the rate with more FUD, so I can buy low and sell high in 4 weeks tops. Make easy 1m, then inject that 1m back into the country through December spending. WIN - WIN! 1 Like |
Re: Naira Crashes To 1,030/$ As Speculators React by uniquetechng: 10:46am On Nov 07, 2023 |
Kachidubem:Dangote refinery and even NNPCL are planning to source crude aboard, so how will the refinery help naira ? |
Re: Naira Crashes To 1,030/$ As Speculators React by OfficialAPCNig: 10:48am On Nov 07, 2023 |
Kachidubem:Hot ke As price of dollar fell, several people purchased and hold it with the hope the price will go up. The more dollar falls, the more people will buy to hoard them. And sell once it goes up. The only way Tinubu can deal with hoarders is true liberalisation. Every economist knows this, except Yoruba moslems. To deal with this black market people, make it effortless for people to make USD payments with their Naira debit cards. This will greatly reduce reliance on black market and virtual card services. To compete, these people will have no option than to align their rate near the official rate. As a result, market forces will then determine the exchange rate, effectively floating the naira. This is ABC. You can't unify the exchange rate like the fraud claims he doing while people find it near impossible to access dollar from official channels. Renewed Hope is a SCAM 1 Like |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 10:49am On Nov 07, 2023 |
uniquetechng:Be giving yourself hope...NNPC will be buying crude oil overseas bah? So the barrels we sell everyday, who dey drink am...na asari dokubo belle e dey go ...lol Just like having your own restaurant, but whenever you are are hungry ,you'll go to another restaurant to buy food...lol Dey play.
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Re: Naira Crashes To 1,030/$ As Speculators React by Efilse: 10:50am On Nov 07, 2023 |
Get any book of any author for half the price. Send me a mail. |
Re: Naira Crashes To 1,030/$ As Speculators React by Bigchristo: 10:50am On Nov 07, 2023 |
ogododo:They think government is all about propaganda, if they donโt work to fix the problem ravaging the economy the naira will keep moving one step front 3 backwards ๐๐ |
Re: Naira Crashes To 1,030/$ As Speculators React by luizpippo(m): 10:54am On Nov 07, 2023 |
Patriotsleague: The certificate forger has allocated #5billion for a yatch, near 5 billion for cars, 10 billion plus for renovations from funds which would obviously be borrowed and paid with interest in dollars, the gworo chewing herdsman that handed over to him had his cabal roundtrip in dollars till things went bad, those are not the brunt of your stupidity, it is those who converts mere 1million to dollars so that his savings won't turn to dust is the one likened to "criminals, kidnappers who would end up as refugees". You are an obvious imbรช'cile and had no one to tell you. 1 Like 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Goodoldays(m): 10:54am On Nov 07, 2023 |
Patriotsleague: Thatโs one thing with your type,simple conversation you don start to insult your mother,always frustrated with life.Keep dreaming dreamer 1 Like |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 10:55am On Nov 07, 2023 |
OfficialAPCNig: Use your WEMA master card Rate is 789
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Re: Naira Crashes To 1,030/$ As Speculators React by hustla(m): 11:00am On Nov 07, 2023 |
LOL they have refused to fix the actual issues |
Re: Naira Crashes To 1,030/$ As Speculators React by uniquetechng: 11:02am On Nov 07, 2023 |
Kachidubem:At almost 50 years of age I don't comment on issues I know nothing of, I spend my time on Twitter where you get updates on what is really happening in Nigeria not nairaland where selected news are posted after three days. Here is the link, the new was on nairaland front page two days ago too. https://guardian.ng/news/kaduna-dangote-bua-refineries-may-source-crude-oil-from-abroad/ |
Re: Naira Crashes To 1,030/$ As Speculators React by sonofthunder: 11:04am On Nov 07, 2023 |
Kachidubem: Everyone only concerned about themselves. Wanting is free...... It literally cost the wanter nothing to want? |
Re: Naira Crashes To 1,030/$ As Speculators React by Patriotsleague: 11:04am On Nov 07, 2023 |
Goodoldays:Money hungry dumb fool, na fool like you dey put their money for their coffin, niggers go break that coffin, no peace for stupid people...your dumb mother no teach you values, she was a whoore, that's why you fools die like fools, chasing money to your grave, money wey una still no get, people that made real money didn't make through currency speculation, hungry man. |
Re: Naira Crashes To 1,030/$ As Speculators React by sonofthunder: 11:05am On Nov 07, 2023 |
Kachidubem: ๐๐ผ๐๐ผ๐๐ผ๐๐ผ๐๐ผ๐ช๐ผ๐ช๐ผ๐ช๐ผ๐ช๐ผ |
Re: Naira Crashes To 1,030/$ As Speculators React by Donaldoni: 11:07am On Nov 07, 2023 |
Until you get to abokkki, that's when you know the true value of the dollar. |
Re: Naira Crashes To 1,030/$ As Speculators React by Artscollection: 11:08am On Nov 07, 2023 |
Kachidubem: And you did not ask yourself where the dollar for crude oil purchase will come from. |
Re: Naira Crashes To 1,030/$ As Speculators React by PARADIZEPRIEST: 11:08am On Nov 07, 2023 |
WE DONT WANT BLACK MARKET EVER AGAIN,IT DOES EXIST FOR CRIMINALS WHO DUMP AND HOARD MONEY TO CAUSE INBALANCE YOU SEE. |
Re: Naira Crashes To 1,030/$ As Speculators React by Goodoldays(m): 11:12am On Nov 07, 2023 |
Patriotsleague: Iโm sorry for you,itโs a pity |
Re: Naira Crashes To 1,030/$ As Speculators React by Charly68: 11:13am On Nov 07, 2023 |
Dollar shall continue to crash in Jesus name 1 Like 1 Share |
Re: Naira Crashes To 1,030/$ As Speculators React by Patriotsleague: 11:13am On Nov 07, 2023 |
Goodoldays:Fool |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 11:15am On Nov 07, 2023 |
uniquetechng:*May* |
Re: Naira Crashes To 1,030/$ As Speculators React by Kachidubem: 11:23am On Nov 07, 2023 |
Charly68:Amen... this dollar thing has really showed us, that alot of Nigerians are evil and wicked ... praying for dia currency to weaken just to score cheap points against asiwaju I'm an obidient with full chest... but come on, what gain will it be wishing the economy &naira bad...even my principal peter obi won't wish for this. We all want a working Nigeria, it hurt seeing unpatriotic Nigerians. God bless us all. 2 Likes |
Re: Naira Crashes To 1,030/$ As Speculators React by zinaunreal(m): 11:24am On Nov 07, 2023 |
This naira will always crash forget all this so called dollar pump into the market |
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