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Nairaland Forum / Nairaland / General / Business / Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs (14654 Views)
CBN formalises dollar sales to BDCs as naira improves / Naira Falls After CBN Stops Forex Sales To BDCs / $46.7b Foreign Reserves Keep Naira Stable (2) (3) (4)
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Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by nlfpmod: 9:06pm On Mar 01 |
The naira was stable at between N1550 and N1580 per US dollar in the black market on Friday after the sale of dollars to Bureau De Change (BDC) operators by the Central Bank of Nigeria (CBN). https://businessday.ng/business-economy/article/naira-stable-in-parallel-market-after-cbns-7-85m-sale-to-bdcs/ 8 Likes 2 Shares
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Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by NaijaCover(m): 9:14pm On Mar 01 |
First To Comment It Means, This Month Of March, will Favour me Don't Forget, I'm Following The Dollar Thread. 21 Likes 6 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Hezzyluv: 9:14pm On Mar 01 |
Good... But let the prices of goods sha come down. Ordinary futu #100 you can't see in my area again. A wrap of it is #200 and the weight gan... you go fear fear. ![]() 29 Likes 6 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Elvictor: 9:15pm On Mar 01 |
Tinubu 'causing pains and agony to every Nigerian, yesterday two days ago 1450naira, today another price, prices of goods all over the country is going up without looking at the new price of dollar. But I will still vote him in 2027 12 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by HeadNigga: 9:15pm On Mar 01 |
$1 to 216 naira is the benchmark. Achieve that and get my kudos. Please don't quote me to say he doesn't need my kudos 77 Likes 8 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by StormpyBee: 9:16pm On Mar 01 |
Currently, the Naira is undervalued. But we have to be careful with this extreme contractionary policy. It could spell a potential doom for full employment. 4 Likes 3 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by HayTerran: 9:16pm On Mar 01 |
Retailers and vendors who had the products before hike in dollar will automatically match price with the current dollar. But when naira gains weight, they still sell high, saying they bought high. However, you didn't sell low when you bought low and dollar hiked o. Nigerians are so wicked. God punish all of you doing that. Na salary earning and non-business individuals suffer pass. But to be honest, it's hard to be a Cardoso right now. That guy is working crazily hard! Kudos to him. I hope everything turns out good eventually. 65 Likes 13 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Snowx: 9:16pm On Mar 01 |
Lol..Chai..govt of trouble shooting. 1 Like |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by YeyeGbami: 9:16pm On Mar 01 |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Xox1945(m): 9:16pm On Mar 01 |
Useless naria gained what was naria 9 yrs ago APC is demonic party 50 Likes 2 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Odjirigho: 9:16pm On Mar 01 |
Ok |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by MGDIMA4: 9:16pm On Mar 01 |
Guess work 1 Like |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Etinemideri: 9:16pm On Mar 01 |
Let dollar go back to 700 naira not this type of fake hope 40 Likes 1 Share |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Emma513: 9:17pm On Mar 01 |
Rubbish i will only support this government if the take us back to 2015 or nothing 33 Likes 1 Share |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by mightyhazel: 9:17pm On Mar 01 |
No concrete plans ,..just to snatch and run naked ![]() 7 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Akwamkpuruamu: 9:17pm On Mar 01 |
They are now hedging the naira. from oi discovery. This is temporary. E go still turn to discover oi in Jigawa 2 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Coolestguy2023: 9:17pm On Mar 01 |
The condemned children of hate will still wail for sure. 68 Likes 2 Shares |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Mopolchi: 9:17pm On Mar 01 |
Cardoso dey confused! He no know wetin he dey do. He dey lie give us and dollars still dey grow. 2 Likes 1 Share |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by cutecommend: 9:17pm On Mar 01 |
The prices of things need to be impacted 3 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by kaytolee(m): 9:17pm On Mar 01 |
Ebi pa mi o........ |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by mactoni91(m): 9:17pm On Mar 01 |
Lol... N1550 - N1580 is now an achievement? This cosmetic approach isn't sustainable. Naira would touch N2,000/$ before March ending. 30 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Procashtips(m): 9:18pm On Mar 01 |
From ₦981 in November to ₦1580 and they are mentioning stability? Stability? 27 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by PARADIZEPRIEST: 9:18pm On Mar 01 |
JUST MICROFINANCE. CBN MAKE ALL bdcs be subsidiary of banks,so we can have sanity in our forex system. ![]() 2 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Caspry5: 9:20pm On Mar 01 |
Apc will gladly add this to the list of things they have done in recent times as if they didn't meet it way lower 10 years ago. Forget eh Nigeria is actually the hell talked about in the bible. It would be unfair to die and still go to another hell 4 Likes
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Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by iconicceo: 9:20pm On Mar 01 |
Can y’all stop these “stability” talk? You call 1,580 stability? If this man can’t help us, he should at least take us back to how things are during Buhari era. It’s better than these suffering and smiling we are currently experiencing 15 Likes 1 Share |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by havigold(f): 9:20pm On Mar 01 |
nlfpmod: SMEs in Nigeria , will not see and go by this report : Welcome to Nigeria where prices of commodities increases beyond control it takes months /years to decrease. Let the government agencies begin to control the SMEs overcharge prices . |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Judolisco(m): 9:21pm On Mar 01 |
It's going to drop.... Guys should take note |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by RichDad1(m): 9:21pm On Mar 01 |
Gradually we’ll get there. 3 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by olax02(m): 9:21pm On Mar 01 |
I'm so in love with the Dollars thread this day. Pray that there will be lasting solutions very soon. 1 Like |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by MetalJigsaw(m): 9:21pm On Mar 01 |
Elvictor:Then why will you still vote for him? 2 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by zombieHUNTER: 9:22pm On Mar 01 |
![]() Tinubu met the Naira at 700 and raised it to 1500 to a dollar just in a couple of months.. Imagine what it will be in 3 years time.. Tinubu doing wonders with the Economy.. I'm voting This dullard again in 2027 Some people must be taught lessons 14 Likes |
Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by money121(m): 9:23pm On Mar 01 |
Ok now CLAP FOR CARDOSO |
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