Below 1k by April 🤔.... See the price difference between buying and selling seems people might be finding it hard to buy dollars

Okay

Someone posted 1030 or so yesterday. Canada exchange rate to Naira.

Naira gaining strength have already taken effects

Meanwhile stock Bitcoin, Litecoin, Ethereum and BNB till April ending then disposed before their price would crash badly.. You can then restock after price crashing

It is below 1k now, no body will give you above N1k for $1

abc115:
It is below 1k now, no body will give above 1k

At least if it can drop to N800 and be stable for months, it would make more sense

I thought you guys said it was 900 last week. Someone even posted polaris is selling at 907. Today you are claiming 1240.

nedu666:
I thought you guys said it was 900 last week. Someone even posted polaris is selling at 907. Today you are claiming 1240.

bro download chipper cash you'll see rate

"Na propaganda" crew on their way. The thing dey really pain dem say naira don dey recover. They prefer it gets to 5000/$ before the end of April because Nigerians rejected their fraud package.

I wonder why food stuff sellers and vendors aren't responding accordingly. When prices of forex was going up, they were quick to check Intl equivalent of prices and adjust to it.
Now the reverse is the case, I wonder why the food item prices are still headed that old direction.

Will go below N900 by the end of April and by the time the refineries start to work and we stop importing PMS then the Aja Igboro that advised people to keep their dollars close will tell them to keep their handkerchiefs closer

Those people are just saboteur and Asiwaju will succeed

God bless Yorubaland
God bless Arewa land
God bless the Niger Delta

Sellers should reduce price and offload before it's too late.

nedu666:
I thought you guys said it was 900 last week. Someone even posted polaris is selling at 907. Today you are claiming 1240.

Have you forgotten that the naira has been subjected to a free float and the exchange rate is no longer decided by the the CBN?

yoruboid:
Will go below N900 by the end of April and by the time the refineries start to work and we stop importing PMS then the Aja Igboro that advised people to keep their dollars close will tell them to keep their handkerchiefs closer

Those people are just saboteur and Asiwaju will succeed

God bless Yorubaland
God bless Arewa land
God bless the Niger Delta

The fvck? This really got me rolling on the floor.

Good news lets hope dollar continues to fall.

Good development but let it defeat 216 to dollar as at during Jonathan's time.

LadyRosa:
Good development but let it defeat 216 to dollar as at during Jonathan's time.

No o, we're going to defeat #26 to dollar as at during Abubakar's time

LadyRosa:
Good development but let it defeat 216 to dollar as at during Jonathan's time.

A category of people type this nonsense all the time

It's not impossible though

Paraman:
No o, we're going to defeat #26 to dollar as at during Abubakar's time

Lol.. those guys are so dull.

Agbado said that at POLARIS Bank $$ was #907.

RONU people without brains.

LadyRosa:
Good development but let it defeat 216 to dollar as at during Jonathan's time.

No .. wasteful barbaric years when $20 billion is used to subsidise naira. We don't subsidized any more. Get knowledge and understanding

https://punchng.com/cbn-defends-naira-with-11-24bn-in-seven-months/

yoruboid:
Will go below N900 by the end of April and by the time the refineries start to work and we stop importing PMS then the Aja Igboro that advised people to keep their dollars close will tell them to keep their handkerchiefs closer

Those people are just saboteur and Asiwaju will succeed

God bless Yorubaland
God bless Arewa land
God bless the Niger Delta

and God bless Biafra land too,we are one Nigeria,before you quote me,I m from agugu ibadan .

abc115:
It is below 1k now, no body will give you above N1k for $1

You know a troll account by the many stupid combination of numbers after the letters.

Agbadorians.

Good news n good development

CodeTemplar:
I wonder why food stuff sellers and vendors aren't responding accordingly. When prices of forex was going up, they were quick to check Intl equivalent of prices and adjust to it.
Now the reverse is the case, I wonder why the food item prices are still headed that old direction.

Is dollar involved in the production of satchet water, garri, fufu, beans, and other local products?

The shout about the dollar is just a misplaced priority.

Benwallt:


Is dollar involved in the production of satchet water, garri, fufu, beans, and other local products?

The shout about the dollar is just a misplaced priority.

yes. Even if not wholly involved, the idea of substitutes in food means if rices goes up, other favourite substitute of rice will go up. So if wheat flour(bread flour) from Ukraine/Russia goes up due to dollar, people leave bread and run towards rice or corn pushing demand for rice or corn higher against stagnant supply, and thus price too.

CodeTemplar:
I wonder why food stuff sellers and vendors aren't responding accordingly. When prices of forex was going up, they were quick to check Intl equivalent of prices and adjust to it.
Now the reverse is the case, I wonder why the food item prices are still headed that old direction.

NNPC should reduce price of petrol. It is imported with forex.

The body language of NNPC shows something is fishy.

Paraman:
Have you forgotten that the naira has been subjected to a free float and the exchange rate is no longer decided by the the CBN?

You need to get updated. CBN fixes prices for BDCs.

Saskay44:
Below 1k by April 🤔.... See the price difference between buying and selling seems people might be finding it hard to buy dollars

Till the day dollar become

Okay

Benwallt:


Is dollar involved in the production of satchet water, garri, fufu, beans, and other local products?

The shout about the dollar is just a misplaced priority.

Yes dollar involve, now in my community before a sack of cassava is around 3k but as dollar rise the Chinese that do buy cassava increase the price and the locals are now selling at 7000k per sack.... somany country are here in Nigeria who want to buy the farm product to their country in respective of the price and they know the only way is to increase the price to the farmer so that the farmer will sell to them first