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Nairaland Forum / Nairaland / General / Politics / Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market (37457 Views)
Filling Stations Slash Petrol Pump Price As Naira Appreciates To 7-Month High / Petrol Price Jumps To ₦350/ltr As Queues Return / At $43.507bn, External Reserves Hit Five-month High (2) (3) (4)
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Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Ijaya123: 2:10pm On Apr 11 |
StPete: Can you tell us why dollar was exchanging for N700 back then? 2 Likes 1 Share |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by drlateef: 2:10pm On Apr 11 |
KillIgbohoN0W: The is the greatest recovery of the Naira in the history of Nigeria. Obi can never do that. 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by OfoIgbo: 2:11pm On Apr 11 |
garykoeman: Cardoso's best is still worse than Emefiele's worse. Nice try. Buhari is still hundreds of naira better than Tinubu in economic management of the country. We are watching 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by allthingsgood: 2:11pm On Apr 11 |
dibunotion: Yes. 2kobo |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by StPete: 2:12pm On Apr 11 |
Ijaya123: Use the internet, research, you don't have a phone for fancy. I am not your school teacher 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by t2luv1: 2:12pm On Apr 11 |
Throwback: Be careful what you wish for? Do you know that there are more dollars in circulation in the rest of the world than the actual amount within the USA. Dollar is the most trusted currency in the world, why? because it is backed by the full faith of the US government. Even China, and Russia maintain their reserves in Dollar. Enough said. 2 Likes |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by naijaboy756: 2:13pm On Apr 11 |
Dollar was #216 before the party of witches took over and did what witches do while giving excuses Well it is good it is improving We pray for the best 2 Likes 1 Share |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by bluefilm: 2:14pm On Apr 11 |
garfield1: Nonsense |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by zoomman(m): 2:15pm On Apr 11 |
Throwback: On what should he talk about Since naira is now #150 to a dollar 💰.....the country is moving, a bag of cement is now #3500 and a bag of rice is now #7,500. APC Is the party to beat come 2027. Renewed Hope we stand. |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by tamdun: 2:16pm On Apr 11 |
Wizpa:Tell us how many billions did Jonathan use to defend naira |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Bluntemperor: 2:16pm On Apr 11 |
KillIgbohoN0W: Shame On The Bad News Carrier: I will hold on because the NAY have it were shocked,as they were busy on Social Media -Jagbajantis,since they love negative -news then,due to their election loss! ah Dollar is , Dollar is that,with all manners of name calling - Shame on you all. Even though, they don't have Idea of how Forex Works and we're not ready to know but we're too bittered,too sour and very Unpatriotic in their Motive -to allow the govt of the day to breathe anywhere - since both the LP and PDP thought, without them nothing works in Nigeria,they don't want to hear anything good about Nigeria but God Pass them! In Truth, Dollars supposed not to be above N500 to 1$- or at Most N700,if we are Patrotic Nigerians because Nigeria is sitting down on so many Natural Resources - yet untapped! e g.Gold,Lituanum,Crude Oil, abundant Gas but because of lack of Focus by our Leaders ( from Local Government to The States and Federal) we are NOT dynamic and we are very Corrupt and greedy. •Every Whiteman is fearing that if Nigeria arises - with good leaders,then we shall be like China and other Asian Tigers! Yet we ( Nigerians ) undervalued ourselves! e. g. Just imagine those Mallam by Bus- Stop- saying ' Dollars, Pound,Euro,etc.someone is giving them those Foreign Money to sell and make gains! Is that Production? NO! Very Shameful! Stop wishing your Country a bad thing and be Patrotic - for it is not only when your Party wins elections ,that Nigeria-is good.No, that is not Democracy! It is well with Nigeria! |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by cucumbar: 2:20pm On Apr 11 |
Paramount01:Olodo. Was it 65-67k before these people you are supporting entered? Im sure you can’t even afford a bag of rice at that amount you are quoting sef. 2 Likes |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by KillIgbohoN0W: 2:22pm On Apr 11 |
drlateef: Because he can never plunge the Naira that low in the first place. 2 Likes 1 Share |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Azuby83: 2:26pm On Apr 11 |
garykoeman:wasn't it at #700 or so? 2 Likes |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by ufuosman(m): 2:33pm On Apr 11 |
KillIgbohoN0W:😂😂😂 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Cmeo(m): 2:34pm On Apr 11 |
I was very confident of brother Yemi Cardoso policies. He is hitting the right hammer on the right nails to take control of our monetary sector. Kudos to him |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Chicagograduate(m): 2:37pm On Apr 11 |
Anytime the prices of fuel,gas,diesel and other commodities rises,they blame it on the dollar.Now that the Naira is gaining weight against the dollar,the prices of those commodities are still high.What is going on? 2 Likes |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by MichaelSokoto(m): 2:38pm On Apr 11 |
keep going down down abeg! |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Dumte(m): 2:38pm On Apr 11 |
Of wat positive impact has these naira gains have over the price of items? I have no time to celebrate until Tinubu has taken it to N216 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by maasoap(m): 2:38pm On Apr 11 |
dibunotion:I don't think so. CBN means business and they seem to be getting it right. |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Chicagograduate(m): 2:39pm On Apr 11 |
garykoeman:Let it be 100naira to a dollar. |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by orikoku: 2:39pm On Apr 11 |
Sell those dollars in your domain now. It will crash the more. Tinubu mean those who hoard the dollars. Sell it now..... |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Krankhead: 2:42pm On Apr 11 |
iichidodo:Your opinion does not count 1 Like 2 Shares |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by sammirano: 2:44pm On Apr 11 |
Obiedun: And WHAT IF i DO THAT? You Want To Teach Me Investment Advise, Okare, I will not only buy the dollar this cheap, I will trade it. |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by maasoap(m): 2:49pm On Apr 11 |
Danisaint112: But remember that even at that N450 to a dollar, we couldn't access it. Naira cards were barred from the international payments too. It was just N450 on paper, wasn't really available to benefit us 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Benzigler: 2:50pm On Apr 11 |
OfoIgbo: Please stop comparing Tinubu to Buhari, it's an insult to Buhari, Tinubu is useless and a fool 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Obiedun(m): 2:50pm On Apr 11 |
sammirano:I dare you to do it if you are sure of the trash you put here. What do you even know about investment? 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by chidiokay: 2:53pm On Apr 11 |
adecz: Most people with these mindset are illiterates who don't understand critics and commendation works hand in hand If someone is doing wrong you criticize so the person can stop or make a U-turn Likewise if someone is doing right you commend the person as a form of encouragement ... yoruba adage says yin'eni yin'eni ko le se emi .. praise someone so he can do more 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by maasoap(m): 2:54pm On Apr 11 |
vowiski:The problem goes beyond producing what it consumes. In fact, no nation produces all what it consumes because no nation is an island. If we can eliminate fraud and corruption associated with FX just like what CBN and EFCC are doing right now, naira won't lose value 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by Treadway: 2:55pm On Apr 11 |
Patiently waiting to load up if/when this touches below 1k😎 |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by maasoap(m): 2:57pm On Apr 11 |
OfoIgbo:Emefiele na person? 1 Like |
Re: Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market by garfield1: 3:01pm On Apr 11 |
OChimex: He's on course to take it lower |
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