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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To N1,305/$ In Parallel Market (17628 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/$ & $4.8/lbs To Ship Your Orders To Nigeria. (2) (3) (4)
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Re: Naira Depreciates To N1,305/$ In Parallel Market by Thedon12: 10:14am On Apr 25 |
All the food baskets state are under attack: Benue, Niger and Bornu. obiekunie01: |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Basicend: 10:15am On Apr 25 |
LandMann: You clowns will always find ways to criticize the government. Even with biased and unproven narratives. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Donald7610: 10:15am On Apr 25 |
Shattuck:Bloomberg never said so |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Obioma3000(m): 10:15am On Apr 25 |
When you tell people that the current fx rate is not sustainable , them will argue it let them keep using our reserve to service it, no one will sustain lie forever people are not asking for much just 4 transparency not raising our hope and expectation high only to leave us stranded half way (( nigeria will be great again)) |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Angelfrost(m): 10:15am On Apr 25 |
judedwriter: You are talking about Odumeje who we all know to be an illiterate noisemaker... What about Mr. Know-it-All, Reno Omokri who claimed the Naira massively appreciated because he convinced most Nigerians to shun foreign products and solely patronize locally made ones?!! 2 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by InvertedHammer: 10:16am On Apr 25 |
/ / 1 Like
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Re: Naira Depreciates To N1,305/$ In Parallel Market by Father4all: 10:17am On Apr 25 |
What is wrong with CBN ooo |
Re: Naira Depreciates To N1,305/$ In Parallel Market by DeGods007(m): 10:18am On Apr 25 |
SenecaTheYonger: That's why as a business man when you peg your goods at a certain amount Don't heed to any advice of bringing it down until the exchange is stable. If you carry your church mind and go ahead and reduce the price...then expect to be in the village soon ![]() ![]() 2 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by SuccessfulRichi: 10:19am On Apr 25 |
post=129622044: Good news. Let them keep defending naira with our foreign reserve until the money finishes. They'll know why China devalued their local currency cuz they need to grow their nation foreig reserve(dollar). Prices of goods are growing everyday yet dollar rides everyday. Trial and fail government. 2 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by SSpeter(m): 10:21am On Apr 25 |
judedwriter:the man traveled to London and Naira fell. 1 Like |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Allthelight(m): 10:22am On Apr 25 |
Every thing in Nigeria is now a cryptocurrency the price can range between 0-1000 in a day... All thanks to tinubu... Even the price of food stuffs behave like cryptocurrencies... Imagine |
Re: Naira Depreciates To N1,305/$ In Parallel Market by gammarays(m): 10:22am On Apr 25 |
Who's next in line to be blamed? BBC PUNCH OBJ 😂😂 You can add yours 1 Like 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Dreamhighnow(m): 10:23am On Apr 25 |
jkpbestseries: It is not about the people. Naira is taking shape of the reality of the real naiaja issue. And only government have sole power to fix this |
Re: Naira Depreciates To N1,305/$ In Parallel Market by judedwriter(m): 10:23am On Apr 25 |
SSpeter: So we should wait for him to come back to stabilize the naira abi? |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Allthelight(m): 10:28am On Apr 25 |
judedwriter:yes lolz |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Teymanhenry(f): 10:29am On Apr 25 |
Hoelujohn: That's the problem, I personally don't think the depletion of our reserves will cause the naira value to drop. We sell crude oil and place the monies back into the reserve so the reserve should appreciate. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Shattuck(m): 10:29am On Apr 25 |
Donald7610:it did in a previous report but not factually though it was more like an opinion from them on the likely cause of our reserve depletion. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by TrainPark: 10:31am On Apr 25 |
Hoelujohn: Buhari don collect 2yrs upfront payment for Nigerian crude since!! 1 Like |
Re: Naira Depreciates To N1,305/$ In Parallel Market by NSK4U(m): 10:32am On Apr 25 |
Ejooor oo, how can I get this dollar before it reaches 6k?? I won buy plenty dolls since this trial and error continues rendering Nigeria's naira useless |
Re: Naira Depreciates To N1,305/$ In Parallel Market by idahme(m): 10:33am On Apr 25 |
jkpbestseries: Why are you folks like this? What is good about naira depreciating? That yous see citizens mocking the government doesn't mean they are happy it means they aren't happy with what the government is doing unless you are just a sycophant who only praise the government because of the selfish benefit they stand to gain. Don't know when you all can't see this, most of these guys who taunt government for their bad policies are actually the patriots who want Nigeria better. 2 Likes 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Faceonme1443: 10:35am On Apr 25 |
kellyjc:Obi is way too low to Fashola,Ambode and Sanwo Olu in terms of performance in office as governors not to talk of Asiwaju himself. 1 Like |
Re: Naira Depreciates To N1,305/$ In Parallel Market by NaijaCover(m): 10:35am On Apr 25 |
gammarays: You Have Started Again 😦 |
Re: Naira Depreciates To N1,305/$ In Parallel Market by RecentHistory: 10:36am On Apr 25 |
Blaze14k: You Obidients are historically senseless. When dollar fell, you were crying that the fall was artificial. Now that it rising, you are crying that business is slow. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by millionboi(m): 10:37am On Apr 25 |
Angelfrost:he is buynaija in the mud ,that dude is mad, everytime he is posting exchange rate. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by AngelicBeing: 10:38am On Apr 25 |
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Re: Naira Depreciates To N1,305/$ In Parallel Market by komzy589(m): 10:38am On Apr 25 |
MatthiasChin:There’s nothing more satisfying than exposing a liar and thief. 1 Like |
Re: Naira Depreciates To N1,305/$ In Parallel Market by RussellRutherfo: 10:39am On Apr 25 |
obiekunie01: Grants that never get to the real farmers. Black nations are hopelessly corrupt. 1 Like 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Adakintroy: 10:40am On Apr 25 |
Brendaniel: In thesame sentence you are accusing everyone. Cuz top politicians across the board constitute less than 2% of the populations but then we have ordinary citizens who are rich business men who also send their children over there for schooling or ordinary citizen travelling out with lot of resources while blaming nigeria as the problem. At what point do we realize that this is a collective effort. While we blame politicians we do similar at our level. At the first site of money, The average Nigeria. Is thinking of sending his child abroad for schooling or traveling there himself. |
Re: Naira Depreciates To N1,305/$ In Parallel Market by idahme(m): 10:40am On Apr 25 |
Hoelujohn: You still don't get it, Nigeria is running a deficit budget meaning our income is less than our expenditure that is why we borrow heavily |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Everlastingson: 10:41am On Apr 25 |
obiekunie01: This they will not do. Abi you want their surreptitious Jihad to stop? And, do you really think APC wishes to solve Nigeria's problems? I put it to you that it's not their mission. Can't you see the quality of candidates they put out for the position of president? Buhari, Tinubu... Everyone knows that if the Fulani terrorists attacking farmers and farms are dealt with the economy will improve immediately. But how do you expect the leaders to stop themselves? Not possible. 1 Like 1 Share |
Re: Naira Depreciates To N1,305/$ In Parallel Market by millionboi(m): 10:42am On Apr 25 |
Basicend:hahahaha so thy should have reduced their price over a rate that is not stable....u are dreaming |
Re: Naira Depreciates To N1,305/$ In Parallel Market by Anonimoux: 10:43am On Apr 25 |
I always knew that all these fire brigade economics is only a short term solution to a long-term problem. |
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