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Dollars Collapsed In Black Market - Business - Nairaland

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Naira Hits All-Time Low Of ₦1,152/$1 In Black Market / Dollars Collapsed To 470 In Abuja ,kano / Woman Kerosene Black Market Seller Opens Her Own Filling Station (pictures) (2) (3) (4)

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Dollars Collapsed In Black Market by ryloy: 12:27pm On Feb 28
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.

1 Like

Re: Dollars Collapsed In Black Market by Whalis: 12:29pm On Feb 28
Make I rush go change mine.

4 Likes

Re: Dollars Collapsed In Black Market by lexylaw09: 12:31pm On Feb 28
Oyaaaa....gbera

1 Like

Re: Dollars Collapsed In Black Market by advanceDNA: 12:51pm On Feb 28
ryloy:
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.

Na Subsidy....

.naira did not gain anything

2 Likes 2 Shares

Re: Dollars Collapsed In Black Market by Truths9ja: 12:52pm On Feb 28
Will the reduction be maintained niii 🐦🐦🐦🐦
Re: Dollars Collapsed In Black Market by drlateef: 1:06pm On Feb 28
Dollar is actually 1320 today at black market. Check it online.

2 Likes

Re: Dollars Collapsed In Black Market by PARADIZEPRIEST: 1:22pm On Feb 28
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry

9 Likes 1 Share

Re: Dollars Collapsed In Black Market by Putindbutt: 1:26pm On Feb 28
advanceDNA:

Na Subsidy....
.naira did not gain anything
No be only subsidy, pained wailers.

7 Likes 1 Share

Re: Dollars Collapsed In Black Market by advanceDNA: 1:28pm On Feb 28
Putindbutt:

No be only subsidy, pained wailers.

Everybody na wailers.....

I nor get ur time......
Re: Dollars Collapsed In Black Market by FreeStuffsNG: 1:31pm On Feb 28
ryloy:
Naira gained Today at the Black market Open at N1,463.098/$1 on Wednesday, against N1,618.489/$1 recorded on Tuesday.
It's doing N1300 in some locations at the moment.

11 Likes 1 Share

Re: Dollars Collapsed In Black Market by KingKO22: 1:34pm On Feb 28
Glory be to God 💪

Nigeria shall be great again

7 Likes

Re: Dollars Collapsed In Black Market by KingKO22: 1:37pm On Feb 28
Is this the reason why Pandora Obituary was crying 😭😭😭

He pained him as the busted BDC operators In Enugu

6 Likes 1 Share

Re: Dollars Collapsed In Black Market by worldclass68(m): 1:48pm On Feb 28
Thank God say I comot my ## yesterday ooo....

1 Like

Re: Dollars Collapsed In Black Market by 9jatriot(m): 1:50pm On Feb 28
Not only that, shey he recommended that those who got form M at 1500 usd should be allowed to pay that amount even if usd gets to 2000, hope he will not start crying when CBN charges those people 1500 even if USD becomes 800?

Beyond politics, I do not see Obi as fit for leadership. He seems to be someone who likes to play to the gallery.

KingKO22:
Is this the reason why Pandora Obituary was crying 😭😭😭

He pained him as the busted BDC operators In Enugu


5 Likes 1 Share

Re: Dollars Collapsed In Black Market by Hoelujohn: 2:03pm On Feb 28
advanceDNA:


Na Subsidy....

.naira did not gain anything
Werey? So na wetin dey make am rise before every 30 minutes

1 Like

Re: Dollars Collapsed In Black Market by DevilsEqual(m): 2:04pm On Feb 28
advanceDNA:


Na Subsidy....

.naira did not gain anything

So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off
Re: Dollars Collapsed In Black Market by advanceDNA: 2:06pm On Feb 28
Hoelujohn:

Werey? So na wetin dey make am rise before every 30 minutes

The subsidy//control was removed ....opening the market to free manipulation.....

Read the news..the CBN just mandated BDC to nit sell above 1314N.....u cant mandate private sellers to sell their money without paying for the margin of fluctuation

4 Likes

Re: Dollars Collapsed In Black Market by DWickedLandLord: 2:09pm On Feb 28
Stockholm Syndrome is knee deep with some Nigerians

No wonder some of you go abroad n can't help but burst into tears.... realizing your whole life has been a lie. Pure Bamboozled

2 Likes

Re: Dollars Collapsed In Black Market by advanceDNA: 2:11pm On Feb 28
DevilsEqual:


So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off

Read the news naaa... CBN just mandated BDC not to sell higher than N1314....u cant control price without infusing cash to manage any fluctuations...

What's my business with those who bought high...if they like... make them lose...

2 Likes

Re: Dollars Collapsed In Black Market by Chinkoalhaji34: 2:17pm On Feb 28
Wow, looks like the Naira is finally getting some strength back, hopefully it stays this way!
Re: Dollars Collapsed In Black Market by Paraman: 2:18pm On Feb 28
DevilsEqual:


So how much is the FX exchange in open market?


for those who bought at a high price and and would prolly sell now, would that result in a gain for them or a loss??


No be say u dey wail but that guy is talking about the moment but your comment is totally off
Anybody that bought it above 1400 and is now selling below 1400 is selling at a loss

3 Likes

Re: Dollars Collapsed In Black Market by commoditiesnig: 2:29pm On Feb 28
Good news
Re: Dollars Collapsed In Black Market by Acidosis(m): 2:42pm On Feb 28
Paraman:
Anybody that bought it above 1400 and is now selling below 1400 is selling at a loss


A loss because they probably want to cash out in 1 week. cheesy

Give it time. Allow Nigerians activate their japa plans again. After about 8-10 months of steady decline or stability, we then can say that Naira has truly gained.

1 Like

Re: Dollars Collapsed In Black Market by Jeon(f): 3:15pm On Feb 28
Hope this will stand like a 🗻?.

4 Likes 1 Share

Re: Dollars Collapsed In Black Market by eteebanky1: 3:29pm On Feb 28
Binance ng na the culprit

Thank God, FG figured them out and outrightly banned their ass

Make naira enter #500 and stabilize abeg
Re: Dollars Collapsed In Black Market by Celplas1010: 4:33pm On Feb 28
This is what I have been saying all this while, peg the dollar and Tinubu has finally done that. Within some period now, the dollar will crash the more
Re: Dollars Collapsed In Black Market by Lifemanage: 6:08pm On Feb 28
Chinkoalhaji34:
Wow, looks like the Naira is finally getting some strength back, hopefully it stays this way!
Obvious it was really being manipulated.binance P2P has been disabled. USD/ngn rate may drop to the 700 or less as envisaged....
Re: Dollars Collapsed In Black Market by IMAliyu(m): 6:36pm On Feb 28
Celplas1010:
This is what I have been saying all this while, peg the dollar and Tinubu has finally done that. Within some period now, the dollar will crash the more
It's not the pegging that's doing it.
It's the fact that they are going after the parallel market, and so far succeeding.

Now it's more profitable for me to exchange my dollars through official channels then to use black market.
Re: Dollars Collapsed In Black Market by OgaTheTop2: 2:57am On Feb 29
PARADIZEPRIEST:
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry
I pray so o. Then I can japa back to naija cheesy
Re: Dollars Collapsed In Black Market by Truths9ja: 3:49am On Feb 29
Naira keep on increasing back. You can still withdraw via kucoin crypto currency wallet app. Use my code when signing up on kucoin. You can withdraw on kucoin crypto currency wallet app. You can buy or sell the usdt . My refer code: https://www.kucoin.com/r/rf/rB31GDW

Re: Dollars Collapsed In Black Market by PARADIZEPRIEST: 10:38pm On Apr 10
PARADIZEPRIEST:
Una Neva see anything,naira go dey gain and gain till una no go dey hawk dollar for street LIKE CRAYFISH again IFSHA angry
Re: Dollars Collapsed In Black Market by taobudao(m): 7:17am On Apr 11
But its not reflecting on the prices of goods and services

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