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Nairaland Forum / Nairaland / General / Business / Naira Weakens To 1,233/Dollar At Parallel Market (11318 Views)
Banks Dollar Sale Falls As Naira Weakens To 1,479/Dollar / Naira Weakens To N950/$Dollar As FOREX Scarcity Worsens / Naira Weakens To 917 Per Dollar - Bloomberg (2) (3) (4)
Re: Naira Weakens To 1,233/Dollar At Parallel Market by AlphaNugget(m): 6:52am On Dec 26, 2023 |
Earning in Dollar and smiling. Remote workers una weldone ohh 1 Like |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Tetrahedron(m): 6:52am On Dec 26, 2023 |
Chispa:All the same person 1 Like 1 Share |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Brushstrokes20: 6:59am On Dec 26, 2023 |
👀👀👀The shyyythole from fry pan to FIRE 🔥 |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by coputa(m): 6:59am On Dec 26, 2023 |
The Dollar is tilting towards #1500 and #2000 before the end of 2024. Inflation is going to be worse in 2024 2 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by JoeEeL(m): 7:02am On Dec 26, 2023 |
SOME OF MY YORUBA PEOPLE ARE THE NEW HYPOCRITES. IMAGINE THIS HAPPENED UNDER THE RULERSHIP OF AN IGBO OR FULANI MAN? WITH A CHANGE IN POWER COMES A NEW SET OF HYPOCRITES. 6 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Grace001: 7:02am On Dec 26, 2023 |
Good for dollar $$ earner, we Dey cash out back to back |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by CrossRhodes: 7:07am On Dec 26, 2023 |
Putindbutt:Chatting ignorant shitt with confidence 😆 8 Likes 2 Shares |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by dododawa1: 7:08am On Dec 26, 2023 |
BUHARI EMEFELIE and BABAGIDA Will riot in pot of Hilda + Tinubu. 1 Like |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Free2Fly: 7:14am On Dec 26, 2023 |
Putindbutt: Same stupid defence line as usual! 7 Likes 2 Shares |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Didijiji: 7:14am On Dec 26, 2023 |
What exactly is Tinubu APCand that Cardoso doing? Where are all the noises made before election? How can a people be soooo clueless 2 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Free2Fly: 7:17am On Dec 26, 2023 |
Chispa: Nawaoo, bros, how did you manage to remember the names of 29 idiots?? 8 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by lockheed55(m): 7:22am On Dec 26, 2023 |
Dollar has peaked till april2025. MACD, STOCK RSI,
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Re: Naira Weakens To 1,233/Dollar At Parallel Market by RepoMan007: 7:23am On Dec 26, 2023 |
coputa:my own theory rests on import substitution and once Dangote relives FG of diesel and petrol substitution, things are bound to readjust in favour of Naira. When the wuruwuru deadline for PH refinery to start operation drew near, the naira strengthened in anticipation of import substitution, now that they have changed tune to start saying it is until December 2024 again, we have this sad headline. God! |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Iamzik: 7:23am On Dec 26, 2023 |
Putindbutt: Lol this same APC that castigated Jonathan for N216/$? Hahahaha APC go explain taya 7 Likes 2 Shares |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by DKM123: 7:31am On Dec 26, 2023 |
Make una dey play. Dollar rate is heading to #5000 per dollar under the clueless disaster in Aso rock. 3 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by BrighterSyde: 7:35am On Dec 26, 2023 |
Chispa: These ones no get shame at all 1 Like |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by sweetjohn(m): 7:40am On Dec 26, 2023 |
On paper and seems in reality Nigeria as a nation has an imposed president but in our heart of hearts, we did not have a president. A criminal who forces his way into power can not be our president and will never be. He may be the president of criminals alike but for those who believes in justice, fairness and morality that ‘thing’ is not our president. 3 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by emmabest2000(m): 7:40am On Dec 26, 2023 |
4 Likes 1 Share
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Re: Naira Weakens To 1,233/Dollar At Parallel Market by EdiskyHarry: 7:44am On Dec 26, 2023 |
Look at what APC has reduced Nigeria to. 2 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by coputa(m): 7:52am On Dec 26, 2023 |
RepoMan007:Import substitution is not only in the oil sector,it cuts across vide; textiles, phones electronics gadgets,cars,shoes to mention but a few. NIGERIA is virtually a dumping ground for foreign products. |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Ykc2(m): 7:54am On Dec 26, 2023 |
The same people that said buhari knew what he was doing when buhari was busy appointing only fulani people none them said anything when buhari printed 100 billion naira in secrecy, today they want to use that naira to buy dollars 😡meanwhile massacring of northern Christians continue soyinka or adeboye won't say pim 😡
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Re: Naira Weakens To 1,233/Dollar At Parallel Market by coputa(m): 7:55am On Dec 26, 2023 |
Iamzik:This is not a matter of party; It's a systematic failure. |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by lexy2014: 8:02am On Dec 26, 2023 |
Enugurangers: how does defending the naira against the dollar mean that the government is "subsidizing the lifestyle of the majority of the wealthy"? who are these "majority of the wealthy" you are referring to? has not defending the naira made them poorer? |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by lexy2014: 8:03am On Dec 26, 2023 |
coputa: how is it a systematic failure? did APC not know that it was a systematic failure when they saying that a dollar to N216 under Jonathan was too high? 3 Likes |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by bentenny(m): 8:05am On Dec 26, 2023 |
I thought some so called e-gurus aka Tinubu sycophants said naira will be 700 by the end of December 2023! Those who bought enough dollars in September are cashing out now! 1 Like |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by KwuoteYourFada: 8:05am On Dec 26, 2023 |
coputa: Who's in charge of the system akpamu |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by lexy2014: 8:08am On Dec 26, 2023 |
Putindbutt: who are the "we" and "our" that "must deemphasise our excessive demands on dollars by seeking alternatives"? https://www.bloomberg.com/news/articles/2023-09-13/china-support-for-yuan-goes-beyond-dollar-to-23-other-currencies |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by RepoMan007: 8:12am On Dec 26, 2023 |
coputa:only refinery is about to start that's why it is very important right now. |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by michlins(m): 8:13am On Dec 26, 2023 |
Putindbutt:As the government is no longer defending naira with $2bn monthly, where is the money diverted to? $2bn is above ₦2trn monthly and in a year is ₦24trn which is enough to fund our budget yearly. Why do we need to borrow again bearing in mind that trillions are also saved from the subsidy removal. Buhari said the same thing about TSA account and recovered loots but he ended up printing more Naira more than anyone else in history. Is it that you forget these things or you choose to blindly accept these lies so as to solidify your resolve to support the government? Let this sort of stupidity end this year please 5 Likes
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Re: Naira Weakens To 1,233/Dollar At Parallel Market by Artscollection: 8:17am On Dec 26, 2023 |
Enugurangers: You are the one exhibiting low IQ view and sorry to point that out. if they really don't want to defend naira then they should increase the minimum wage of workers so their purchasing power will be at par with the new naira value. It is common sense but unfortunetly those bandits and supporters lacks that |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by coleon(m): 8:20am On Dec 26, 2023 |
Putindbutt:Look at what this ignoramus is saying. It is fine for naira to keep depreciating against the dollar, so to what end is your goal of you want naira to keep depreciating then what do you intend to acheive in the long run. What do you think is responsible for hyperinflation going on in Nigeria today? You think it's fuel subsidy? It's this Naira depreciation that's causing the hyper inflation going on in the economy. The people's purchasing power is at its lowest, yet you are fine with naira to keep depreciating because one fool in Abuja promised you to suffer today for an utopian better tomorrow. Better wake up and smell the coffee, there's no better tomorrow that you are suffering for today. The only people enjoying today and will enjoy tomorrow are the politicians and you their willing slaves will keep suffering if you don't do something about it. Better wake up 3 Likes 2 Shares |
Re: Naira Weakens To 1,233/Dollar At Parallel Market by Mosba: 8:37am On Dec 26, 2023 |
$1 to N2,000 Loading............. Expect more Japa this year than last year because there will be Japa to Cameroon, Ghana, Niger Republic and Benin as there will be more youths rushing to the usual destinations too. |
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