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Nairaland Forum / Nairaland / General / Politics / Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market (31110 Views)
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Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Forumites: 1:04pm On Apr 15 |
This government should wake up and stop deceiving the people with this dollar issue. In the market nothing has changed and everything that the common man consuming is still doubling in prices. So what’s the need. 7 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by 7upnigeria: 1:04pm On Apr 15 |
Jestin: Elluppee sighted. 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by PheelzAlmighty: 1:04pm On Apr 15 |
Nigeria has a long way to go tbh. We just like settling for less. 1 Like |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by adekolaelect(m): 1:05pm On Apr 15 |
JAOS:Among the bad Belle stupid and greedy buy and seller agent sighted. God's judgement will reach your side Sooner. 2 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Watinhapen(m): 1:05pm On Apr 15 |
Dollar is falling against naira but the prices of things in Nigeria keeps getting high. SMA gold that was 15-16k when dollar was 1800 is now 19k when dollar is 1k. The price of a rubber of garri is now 3500 as against 2k when dollar was 1800. What exactly is going on? 14 Likes 3 Shares |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by dalass(f): 1:05pm On Apr 15 |
SeeWahala: That one is definitely due to our wicked fellow Nigerians.... Bankers and business guys are now our major headaches as they're used to broad daylight robbery in causing financial/ economic challenges 6 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Forumites: 1:05pm On Apr 15 |
yoruboid:dem use Obi swear for you ? 1 Like |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by bemeruca: 1:06pm On Apr 15 |
It will become a welcome developement if the potato that is Tinubu puts it bellow where it was when he took office. I like this trend but there is nothing to be happy about. 4 Likes 1 Share |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by mamawa123: 1:07pm On Apr 15 |
SlavaUkraini: This is Nigeria |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Winning123: 1:07pm On Apr 15 |
This is good news. We pray for more of such news in Jesus name, amen! 1 Like |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Efuaye(m): 1:09pm On Apr 15 |
With time, the cost of goods and services should drop too if this dollar defence is genuine! 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by AMI3(m): 1:10pm On Apr 15 |
yoruboid:U like Obi too much I can see. Obidient are very generous they can open something like this for u
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Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by motionarena: 1:10pm On Apr 15 |
Greedy marketers are selling their goods at the rate of 2k to a dollar and still increasing 4 Likes 1 Share |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Hanndye: 1:11pm On Apr 15 |
Market forces. No matter how hard they try to destroy the economy things will actually get better by the grace of God. 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by FreeStuffsNG: 1:12pm On Apr 15 |
Bade007:Awesome!!! It is obvious that the naysayers, not only him, owe the President an apology for spreading prophecy of doom 3 Likes
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Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by motionarena: 1:12pm On Apr 15 |
SlavaUkraini: They are even increasing way above when it was even 1800 naira to dollar 6 Likes 2 Shares |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Haykay2talk(m): 1:14pm On Apr 15 |
We are expecting it to go low as N300/ per dollar 1 Like |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by GerogeI(m): 1:14pm On Apr 15 |
Stop deceiving us that naira is gaining value. CBN is just fixing what ever price they like after abandoning the floating policy. Which is a good thing, they should at least take it back to 350 to 1 usd. Also for a good measure they should ban unnecessary imports through customs. Stop using form M to do the work that customs should do. 2 Likes 1 Share |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by tollyboy5(m): 1:15pm On Apr 15 |
SlavaUkraini:So wetin him dey sell since? How many break pad dey him store? If na me I go rather go buy 4 another place than buy from my regular person wey no drop price 4 me. 7 Likes 2 Shares |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by GreatOchuks: 1:17pm On Apr 15 |
So how come the price of things are still increasing? |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Dpharisee: 1:18pm On Apr 15 |
Purchasing power of Nigerians have become so weak that craving for foreign luxury goods has dropped, demand for dollar is very low thats why its dropping 2 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Godwin25king: 1:19pm On Apr 15 |
I wish Nigeria will act better on boosting exports as well, surely the Naira value would soar the more. 3 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by tollyboy5(m): 1:21pm On Apr 15 |
JAOS: What is dis 1 saying? Petrol price has always been stable around Lagos. Has nothing to do with dollar. 3 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by sirblend: 1:25pm On Apr 15 |
helinues: True Back then some of these retailers were always making calls to know if the dollar has increased.....If it increases they also increase the price of their goods.. 5 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by bigiyaro(m): 1:25pm On Apr 15 |
yoruboid:what has exactly improved since your blood sucking mandate thieving master entered aso rock? At what price did he meet the dollar? He met the dollar at 700, pushed it to almost 2k, reduced it 1k, and brainless ones will think it's hard work, meanwhile rice, cement, petrol and its derivatives , all commodities are still going up, yet dollar is "coming down"..... Miracle no dey tire APC 3 Likes 1 Share |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by tollyboy5(m): 1:25pm On Apr 15 |
FODA:The guy don't know what he's saying and he's still insulting another person. 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Babalegba(m): 1:26pm On Apr 15 |
GerogeI:Why not go and verify from an aboki yourself. It's not that difficult 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by erniok(m): 1:28pm On Apr 15 |
JAOS: It has nothing to do with petrol. Keep your ears down. Some of them in market has agreed not to sell below a certain price not to incur heavy losses as they imported when dollar was 1,800, some at 1,600 or less. It would take new imports at say 1,200 to really crash prices. It's really a bad time for them and us, citizens of an import dependent nation. 2 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Laka2bor(m): 1:32pm On Apr 15 |
It as not effect on goods and services as dollar fall daily In moment it increases you will see various complaints about dollars effect on goods and services May God deliver us 1 Like |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by Laka2bor(m): 1:33pm On Apr 15 |
Laka2bor: |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by ajepako(f): 1:36pm On Apr 15 |
Good one, Naira! Fight harder against dollar! N500 please.. You can do it! Sha, prices should drop which is the koko Starting from fuel reduction.. Kudos are in order in this instance 4 Likes |
Re: Naira Opens Shop Below ₦1,000 Against Dollar At Some Segments Of Black Market by hoyze24: 1:39pm On Apr 15 |
JAOS: There's still subsidy on petrol, so it's difficult to see a sharp effect on prices. |
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