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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To N1,305/$ In Parallel Market (17625 Views)
Naira Depreciates To ₦1,300/$ In Official Market / Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens / Place Your Orders On Amazon At #305/$ & $4.8/lbs To Ship Your Orders To Nigeria. (2) (3) (4)
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Naira Depreciates To N1,305/$ In Parallel Market by NaijaCover(m): 7:23am On Apr 25 |
The Naira yesterday depreciated to N1,305 per dollar in the parallel market, from N1,255 per dollar on Tuesday. Source: https://www.vanguardngr.com/2024/04/naira-depreciates-to-n1305-in-parallel-market/
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Re: Naira Depreciates To N1,305/$ In Parallel Market by NaijaCover(m): 7:24am On Apr 25 |
This Is Too Much, How Mr Blogger Go Buy Am? |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Donald7610: 7:30am On Apr 25 |
Cardoso Magic wand don break 129 Likes 6 Shares
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Re: Naira Depreciates To N1,305/$ In Parallel Market by NaijaCover(m): 7:33am On Apr 25 |
Donald7610: I'm Still Speechless 😶 70 Likes 2 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by jkpbestseries: 7:34am On Apr 25 |
so many are very happy now 9 Likes 4 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Franklyspeakin: 7:39am On Apr 25 |
the resultant effect of poor economic planning 125 Likes 3 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by OmihaniFARH: 7:53am On Apr 25 |
It will appreciate back to 950 before ending of next month. 17 Likes 4 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Dynamicboss: 8:35am On Apr 25 |
OmihaniFARH: I hope so but I don’t understand what is going on. Yesterday they sold it at 1,021 to BDC. So what’s going on? 37 Likes 2 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by NaijaCover(m): 8:39am On Apr 25 |
Nlfpmod |
Re: Naira Depreciates To N1,305/$ In Parallel Market by obiekunie01: 8:44am On Apr 25 |
they should stop using our reserve to stabilizer Naira. this problem can be solved within 2 years if we pay attention to agriculture. The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries. by next harvest, food will be plentiful and their will be food surplus. 86 Likes 2 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by kellyjc(m): 9:07am On Apr 25 |
How some hopeless and useless vagabonds that claim to love Nigeria while supporting the dumbest to rule over it was supposed to be a suprise to me but I always remember why they are called zombies. They blame binace, bet9ja and the aboki next street for damaging Nigeria as if those people only started operation few weeks ago just to tarnish the already battered Tinubu's image while they pray for Tinubu,Akpabio and Gandollar to succeed. Timbom Timbom government. The only thing They are good in is stealing carelessly. Koni da fun supporters of this evil government. 78 Likes 2 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by crazyclown(m): 9:32am On Apr 25 |
Hurrayyyyyyyyy!!!! ![]() |
Re: Naira Depreciates To N1,305/$ In Parallel Market by CountinBlessins(m): 9:32am On Apr 25 |
It's unfortunate. A sand castle built at the beach is never reliable 41 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by YorubaKinging: 9:33am On Apr 25 |
The end is near. 101 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Brendaniel: 9:33am On Apr 25 |
I have said it before and I'm saying it again.... Any dollar intervention or monetary policy from the CBN that does not make this current crop of politicians in power to fight or oppose the CBN is most likely not effective.... Some people think the problem of dollar is because of Binance and BDC's, those are secondary issues, the politicians are the biggest spoilers of the naira, if a single governor is using almost 1 million dollars to pay for only one of his children's school fees, then imagine other expenses being run from his type right from the presidency down to councilors... These guys are the biggest moppers of dollars in Nigeria and all because of the corruption that Tinubu is not ready to fight because he is also involved.... 59 Likes 6 Shares |
Re: Naira Depreciates To N1,305/$ In Parallel Market by crazyclown(m): 9:33am On Apr 25 |
jkpbestseries:Yes o I am so happy. ![]() 8 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Elvis2kay: 9:33am On Apr 25 |
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Re: Naira Depreciates To N1,305/$ In Parallel Market by Okete001(f): 9:33am On Apr 25 |
Hehehe E lo fi Okan bale It's coming down. A ma gbe wale The enemies and emergency lovers of the zoo will never have any reason to rejoice 3 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by AOB1: 9:33am On Apr 25 |
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Re: Naira Depreciates To N1,305/$ In Parallel Market by SenecaTheYonger: 9:33am On Apr 25 |
This man called cardaso has destroyed the naira. Is this not how volatile cryptocurrency is? How can you turn your main currency into cryptocurrency? How can anyone do business with such an unstable currency? 46 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Killermamba: 9:33am On Apr 25 |
OmihaniFARH:dey play, why next month end 7 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by God1blessBiafra: 9:33am On Apr 25 |
jkpbestseries:No I should kill myself because you and your government have destroyed Nigeria.🙄🙄 44 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Hoelujohn: 9:34am On Apr 25 |
obiekunie01:What benefits is the reserve o? Dont Nigeria generate forex again from crude oil sales? 4 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Kobicove(m): 9:34am On Apr 25 |
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Re: Naira Depreciates To N1,305/$ In Parallel Market by 5iine: 9:34am On Apr 25 |
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Re: Naira Depreciates To N1,305/$ In Parallel Market by Hier(m): 9:35am On Apr 25 |
Pullback exhausted Time to Short 😁😁😁 4 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by laivwire(m): 9:35am On Apr 25 |
This drop is not reflecting on money transfer apps because the government has blocked online forex transactions. If not for that, the drop would have been worse by now. 4 Likes |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Roger3D(m): 9:35am On Apr 25 |
Dynamicboss:No amount of CBN intervention can save the naira from market forces. The demand for the dollar will always be higher than the supply until we as a country can earn enough dollars 15 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Iceking1(m): 9:36am On Apr 25 |
Hmmmmm |
Re: Naira Depreciates To N1,305/$ In Parallel Market by omoredia: 9:36am On Apr 25 |
Our fx is clearly being looted by Tinubu and his surrogates and that's the fact. So don't let theives fool us while they are robbing us. That's a double tragedy. When thieves and terrorists come together to form a political party to take power by hook or crook, and we think they will offer anything good? Let's be real 38 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Exceed15: 9:36am On Apr 25 |
It must return to where APC accused GEJ administration. Bunch of evil people. They just came and took away the comfort Nigerians were enjoying. 30 Likes 1 Share |
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