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Nairaland Forum / Nairaland / General / Politics / Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! (3059 Views)
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Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 8:51pm On Jan 30, 2016 |
The lowest Naira has been in the history of Nigeria. WE ARE FINISHED IN THIS COUNTRY... The naira continued to maintain an average value of N306 to the dollar on Friday, few days after the apex bank retained its monetary policy ratio (MPR). The apex bank’s monetary policy committee retained its MPR at 11 per cent and the cash reserve ratio (CRR) at 20 per cent. The naira lost a point from the N305 to a dollar it had previously exchanged, a depreciation of 0.3 per cent. It, however, closed at N197 to the dollar at the official Central Bank rate. Traders at the market cited shortage of the greenback and anxiety over calls for the devaluation of the nation’s currency. They argued that the devaluation wind was still affecting sales at the market. |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 8:54pm On Jan 30, 2016 |
WE ARE FINISHED IN THIS COUNTRY... 4 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by TippyTop(m): 8:56pm On Jan 30, 2016 |
Don't worry, body odour will make it #1 to 1$ says Zombie Association of Nairaland (ZAN) Just wait a little, zanoids will soon arrive to defend it. 13 Likes 1 Share |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EHMIR(m): 8:56pm On Jan 30, 2016 |
Buhari making history back back 11 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Cutehector(m): 9:01pm On Jan 30, 2016 |
End time. Can't wait to use the world currency 2 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:02pm On Jan 30, 2016 |
Real2020:we anit finish it time to produce locally..eat local rice.fish..yam local chicken wear made in nigeria cloths .aba suit ..aba shoes let improve our universities and hospitals manufacture drugs locally..stop quoting black market rate it represnt 5 percent of the market...large companies import via cbn rates 4 Likes 1 Share |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by austinsmat(m): 9:03pm On Jan 30, 2016 |
Bubu the record breaker 7 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:04pm On Jan 30, 2016 |
Alikote: Will our leaders yield to your advice? 2 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:07pm On Jan 30, 2016 |
I had predicted Naira to fall to 500 Naira to Dollar by end of 2016 base on current trend. 8 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:10pm On Jan 30, 2016 |
TippyTop:u are daft ...major dollar earner for nigeria is down by 80 percent and u expect naira to be same in value...if pdp goverment left a reserve like 64 billion dollar like obansanjo did we will not be in the mess ..we for manage till it get back to 70 dollar or diversify our economy...bush man all commodity dependant countries with poor forex reserve have devalue...ghana.southafrica..zambia..malaysia abi na buhari be there own president 6 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:15pm On Jan 30, 2016 |
Real2020:unfutunatly we dont have leaders or a nation..just a group of greedly well educated persons runing a criminal enterprise for the maximum benefit to them and family perpertually...we dont have a nation yet 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Opinedecandid(m): 9:16pm On Jan 30, 2016 |
And President Buhari at his best: now visits 7 countries a month. 8 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:18pm On Jan 30, 2016 |
Alikote:we can survive if we cut down on uncessary cosumption of forign item like tomatos why will nigeria import it abi u dey man |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:29pm On Jan 30, 2016 |
Alikote: Well said. |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by ShowYourCertificate: 9:35pm On Jan 30, 2016 |
Please can someone remind me again what Buhari got in Economics in his WASC? Oh I forgot, he's certificateless 12 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EternalTruths: 9:38pm On Jan 30, 2016 |
This is just the beginning Since Bubu refused to embrace true federalism which will see all states exporting their potentials thereby increasing the dollar inflow 6 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by achiphet(m): 9:39pm On Jan 30, 2016 |
Change your money now to dollar, by shares @myadvertisingpays. Any money you ave in any Nigerian bank is rapidly depreciating and will kontinu to unless God intervenes in this country. Earn from the European economy and save ursef from the new terrorist in town HUNGERHARAM. Contact at achiphet@gmail.com 4 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by omolami: 9:41pm On Jan 30, 2016 |
I thought somebody said he will make Naira equate one on one to dollar if voted for. Liars ever lieing is trademark. Thank God at least charlie boy no more treking to China since this not happen x 3 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EternalTruths: 9:44pm On Jan 30, 2016 |
ShowYourCertificate: Z9 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EternalTruths: 9:46pm On Jan 30, 2016 |
Alikote: What stops your brainless god from adopting True federalism 6 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by dtruth3(m): 9:52pm On Jan 30, 2016 |
Good News We need the Naira to maintain the fall, till it gets to N500 to a dollar Meanwhile Bubu is busy gallivanting 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Pidggin(f): 9:57pm On Jan 30, 2016 |
Our currency has already been unofficially devalued, someone should tell PMB to make it official. 3 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 9:58pm On Jan 30, 2016 |
EternalTruths:our brain is working and not full of hate...gen ironsi and nzewgu killed our norther premier destroyed our northern region which was proserious contibuting 53 percent of nigeria centre goverment budget..he changed the country to a faulty federation nationalising our northern nigeria and western nigeria for ipob to have absolute control over the whole nigeria but unfunatly other built on his faulty ipob vision ..and perfected it and beat the ipob to their game plan |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 10:03pm On Jan 30, 2016 |
Pidggin: Great point. I do believe we will see appreciation in Naira and possibly normalizing at 220 Naira in parallel market if the CBN official rate is adjusted to 210-215 Naira to Dollar to reflect prevailing economic challenges. If nothing is done, I'm afraid to say...the free fall will continue until it hits 500 Naira. 3 Likes 1 Share |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EternalTruths: 10:04pm On Jan 30, 2016 |
Alikote: Another lie Mohammed No be only 53% na 35% 4 Likes |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 10:08pm On Jan 30, 2016 |
EternalTruths:ipob gradute u get data go goggle nigeria budget .. 1960 to 66... 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by EternalTruths: 10:22pm On Jan 30, 2016 |
Alikote: Why not post the trash here for all to see. |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 10:28pm On Jan 30, 2016 |
EternalTruths:inamdi kanu no give u data..to help promote is imaginary radio wave country.use 606 to borrow credit buy data 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by ZZ22: 10:46pm On Jan 30, 2016 |
Truth be say if your not tired of this Buharis rulership you must be the greatest hypocrite alive |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Nobody: 11:30pm On Jan 30, 2016 |
No wonder Nigerians here dy travel uncontrollably just cause interest rate is high ;Dkemi making history 1 Like |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by OFFICIAL336: 11:49pm On Jan 30, 2016 |
TippyTop:Zanoids? #Lmao 5 Likes 1 Share |
Re: Breaking News: Naira At Its Lowest In History...now At 306 Naira To Dollar!!! by Ogbuefi2020: 11:57pm On Jan 30, 2016 |
Alikote:Lol, defending a dulla.rd is really a tough job, Pele 1 Like |
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