drnairalov:


oh well that is true. but for the greater good no be good news wetin dey do our economy

HungerBAD:
This is the Black Market rate as stated on the top right side.

Never trust any news from the Black Market,because 9 out of 10 times,it is the Currency Dealers who increase the real rate like this,so they can make a quick kill.

To the OP. What is the Official rate?let us work with that.

HungerBAD:
This is the Black Market rate as stated on the top right side.

Never trust any news from the Black Market,because 9 out of 10 times,it is the Currency Dealers who increase the real rate like this,so they can make a quick kill.

To the OP. What is the Official rate?let us work with that.

RichYoungNigga:


Well, $30,000 can buy me a house in Nigeria, a house that is worth $450,000 in New York

baby124:
When we said the rate should be controlled. The *economists* came and were screaming about unrealistic things. Now it's on a free fall, you people are crying. You never see anything yet.

tempem:
Why should black market be attached to online buying and selling?
Why not the official rate?
I don't get the concept..
How do official and black market works.

ERCROSS:
Am I the only one getting scared if the way this economy is going
Am frightened even more of how it will be in December
Parents just tell your children,
No Italian shoes this Christmas
If u see chicken kill, Be happy
and if na Garri u see whack, don't forget to thank God


But Baba God, u talk say u go work on this country,
let it get better pls
this suffering is too much

baby124:
When we said the rate should be controlled. The *economists* came and were screaming about unrealistic things. Now it's on a free fall, you people are crying. You never see anything yet.

Nig4Greatness:
Are we cursed in this country??..what's our obsession with forex?.do we now spend Dollar now??.while other countries are developing their countries,we are lamenting over what won't solve our economic problems.funny enough,those who have never seen how dollar look like or its colour are the ones shouting forex the most.God will heal our mentality from over reliance on foreign goods.

InvertedHammer:
/
Almost time to cut ties with anything Nigeria including nairaland.

\

RichYoungNigga:


Well, $30,000 can buy me a house in Nigeria, a house that is worth $450,000 in New York

tempem:
Why should black market be attached to online buying and selling?
Why not the official rate?
I don't get the concept..
How do official and black market works.

drnairalov:


ok so you get the millions but the bargaining power is all that matters .reason fam!! with all the millions you can count in the zimbabwe currency it is still worthless

grossintel:
i know Nigeria is broke but not the way you think, average working class and business guys still buy cars of 24 million $60,000. Don't think 12 million is as big as you think in Nigeria, it can buy you a house but just an average bungalow in a nice location or a duplex in an undeveloped community.

princeonx:

White man make complicated things simple while black man make simple things complicated.
While the west are working on electing leaders that will move their economy forward, you are here calling God God God!!

Before you chop off my neck, I believe in God as well but there are things simply expected of a good government not God!!

eph12:
We can't possibly fully blame this administration for this. This situation was always going to happen whether PDP or APC. We depend a lot on import which is hurting us.