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Nairaland Forum / Nairaland / General / Business / Dollar Hits All-time Low, Crosses N1,500 At Official Market (27545 Views)
Dollar Hits β¦1,900; Pound, β¦2,250 / Naira Crashes To All-time Low, Hits N1043.09/$1 At Official Market / Naira Hits All-Time Low Of β¦1,152/$1 In Black Market (2) (3) (4)
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Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by RepoMan007: 1:21pm On Feb 13 |
Kukutenla:parallel has always been bigger than official but government kept "doing stronghead" to give a good outlook. 1 Like |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Deogratiasfx: 1:22pm On Feb 13 |
Tinubu till 2031.....now that AFCON is over, the disunity continues. 'Igbos will never become president in Nigeria'. Obi and Obidients are the reason dollar is raising 8 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by MT: 1:22pm On Feb 13 |
abhosts: Thank you. An average Nigeria looks at the figure of money rather than the value of money. I have heard some people abroad getting happy that naira is falling . I guess they will sell cement to them at the rate of 3500 naira. Even that money in your bank account is losing value. 7 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by EreluRoz: 1:23pm On Feb 13 |
Nigerians are still sleeping π Wake up guys, it's time for revolution 7 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by MrRemedyAlagbo(m): 1:24pm On Feb 13 |
This man should just resign nah, what's all these |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Sonofgod1990(m): 1:24pm On Feb 13 |
make i rush enter home go bill my sure client $20 which he will gladly pay. dat almost 30k in naira make i go do small dorime with some holosho... |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Captain6(m): 1:24pm On Feb 13 |
killsmith:Because he should turn to a Magician abi? When your economy is terrible, and is managed by another clueless President, what do you expect? 6 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Davicl: 1:24pm On Feb 13 |
SuperEagles: When you have an empty Brain |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by onuman: 1:24pm On Feb 13 |
abhosts: Courting foreign investors to a country with spiralling inflation? Tinubu people can tell that only to their equally empty head supporters. The foreign investors they can court are those who come to mine crude oil and other mineral resources and pay a token for royalty, cart the crude oil and other minerals away to their home countries. Nigeria's politicians use the token to form a resemblance of government in Nigeria, pay the armed forces of Nigeria to silence dissenters, and steal rest of the tokens. 10 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by just2endowed: 1:25pm On Feb 13 |
Paraman: Cordoso will not hear this |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Captain6(m): 1:25pm On Feb 13 |
MrRemedyAlagbo:Have you called for the President to resign? Cardoso is just a victim of circumstance. |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by fitinwell: 1:26pm On Feb 13 |
ogododo: Naira singing.. I am going higher ,Yes! I am Am going higher everyday... 2ce 1 Like 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Brushstrokes20: 1:26pm On Feb 13 |
Dammmmmmmmnnnn it πππ # eBOLA on rampage π―π―π― At this juncture, Only bloodthirsty Khaki boys can salvage the situation! 1 Like 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by nairalanda1(m): 1:26pm On Feb 13 |
Well, we are here, and we are in a mess after all. Years of not diversifying, years of pretending oil was enough for all of us, years of pretending corruption was the only problem...while income was always shitty....is why we are here. Now is the time to stop crying over spilt milk. DIVERSIFY DIVERSIFY or DIE. 4 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Dancebreaker: 1:28pm On Feb 13 |
abhosts:Lol, they don't mean it to benefit me and you or any genuine investor. To invest in 9ja from abroad is awful economically. Especially since 2015. Unless in politics. It's for those CBN allocate Forex to and sell on quickly to BDCs/Mallams. Even that will fail increasingly as the difference narrows upon flotation. Remember there are people who deal in dollars/Euros only in 9ja. They have huge reserves of Forex, and they feel good to see Forex as the only store of value. Their tenants in VI/Ikoyi/Abuja pay them in dollars. Real estate in most parts of 9ja (except highbrow areas) and the Naira are not a good store of economic value currently. Once the elite have benefitted from the chaos enough, there will be a policy summersault. Largely due to pressure from the North. Election threat things. Then back to square. |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by viodemus: 1:28pm On Feb 13 |
Nigeria is officially an inflation republic, upon our generator republic. We warned these people, that big eyes is nothing but an egomaniac. Big eyes just wanted to proof to his mamaput babes, that he can run Nigeria. Now, he is running it to the ground. I predicted that big for nothing eyes, will be running a low flying govt. So low now, that it is dangerously low, about to crash. All big eyes has to do is shun tribalism and his ingrained corruption, like half of the problem is solved. 2 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Kukutenla: 1:29pm On Feb 13 |
RepoMan007:I'm talking about the stability and not the size. |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by onuman: 1:30pm On Feb 13 |
Brushstrokes20: Khaki boys feel they are paid better than the average Nigerians by the political class. They rather eat pepper soup and chase young girls than involve in politics. 6 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Treadway: 1:30pm On Feb 13 |
Kpartners:exactly oo Obi would be the most stupid person on earth, to willingly want to put himself in this kinda mess that his isn't a part of. Eleru lo ye ko gberu e. APC that put us in this position should kuma continue till they fully bury the country, so that history will tell and show how they were the end of Nigeria. It is best left to imagination where Nigeria would be by 2027..why the hell would he want that kind of wahala? If I were him, I would sit on the sidelines and watch them destroy everything patapata. Las las these bastards have forced me into a position where i have to flee from this country, but wherever I am on this God's green earth, if I still dey by 2027, I will come back to vote APC again just for the fun of it. Let me see the bastard that will query my choice then. 7 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Kukutenla: 1:30pm On Feb 13 |
BreconHills:Are you sure? Parallel market might be weakened though if this continues due to the pull on demand |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by nairalanda1(m): 1:31pm On Feb 13 |
EreluRoz: TO do what? Does the revolution have answers to our oil dependency, or are they going to spend more money for goodies, meaning massive priniting for nothing? 2 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Lovelyn451(f): 1:33pm On Feb 13 |
You guys should call this man to order naw, destroying peoples business capital, yorubas know nothing abt economy and they want to take over Nigerias economy....God forbid 4 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Brushstrokes20: 1:34pm On Feb 13 |
onuman:Hmmmmn.... You're spot on though. |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Honestey: 1:36pm On Feb 13 |
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Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Martinez39s(m): 1:36pm On Feb 13 |
Shege banza loading... 9% complete... 91% more to go (7 years left). After the download is complete, you will need to clear more space in your hard drive to accommodate 800gb of new shege 1.01 update. 4 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Ogiame: 1:37pm On Feb 13 |
EreluRoz:Revolution impregnate you there.... EkpΓ You wanted Tinubu, enjoy him. π 3 Likes 1 Share |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by AyeMoJuba: 1:38pm On Feb 13 |
Klington: You all will wail without ending Any reasonable human being should be aware of the fact that to build is painful...we must bear this pain to enjoy later Is Tinubu the one who sold your crude Oil in advance? Is Tinubu who borrowed money and plunged the Nation to debts? The Naira must further be devalued to reflect it's true value...this is the only way to attract investors and have a stable economy. Those of u crying because Tinubu is not your tribes man can go hug transformer. Bunch of ingrates 3 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by EreluRoz: 1:39pm On Feb 13 |
Ogiame:Ogiame revolution is the only way to solving Nigeria's problem permanently. Don't be deceived by anyone |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by OkukoIgbo: 1:39pm On Feb 13 |
SuperEagles: Is it not better than your olosho mama that lost a born by mistake via miscarriage like you in the chemist shop where the escape imbe aborted you? |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by OkukoIgbo: 1:40pm On Feb 13 |
AyeMoJuba: we must bear the pain but 500 million have gone to committee just like that, you and your whole generations are fools 6 Likes |
Re: Dollar Hits All-time Low, Crosses N1,500 At Official Market by Ogiame: 1:41pm On Feb 13 |
EreluRoz:If only you knew what Ogiame means, you'll respect the name by not writing thrash. But Rose, you said Tinubu will salvage the situation and he was the best thing after PH roasted bole and grilled fish.... What changed? |
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