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Nairaland Forum / Nairaland / General / Business / Naira Now ₦460 To Dollar In Blackmarket (20589 Views)
Central Bank Starts Uniform Exchange Rate For Naira, Now ₦380 To $1 / History Of Naira To Dollar Exchange Rate (1972-2019) / Naira May Depreciate To 386/dollar In H2 —pwc (2) (3) (4)
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Re: Naira Now ₦460 To Dollar In Blackmarket by Fury007: 7:50am On Oct 27, 2016 |
nony43: Only a child would say 2019 is far.... plus my dear, who do you have in mind to vote for? Atiku, Dasuki, Fayose, Obi, Obanikoro, Saraki... Who exactly do you have in mind?? |
Re: Naira Now ₦460 To Dollar In Blackmarket by trexlewis(m): 7:51am On Oct 27, 2016 |
Which black market, you people can lie o the same blackmarktet I bought 520 on Monday abi. Rubbish, if you believe this try buying from aboki. |
Re: Naira Now ₦460 To Dollar In Blackmarket by 7lives: 7:52am On Oct 27, 2016 |
Kenyanstar: The population of these countries add together may not be up to Nigeria, you still don't get it do you?. Let me help you, a country that cannot feed itself but specialize in BREEDING LIKE RATS and as if this is not bad enough, the country also have long throats for foreign luxury with dwindling foreign exchange and ROUGES AS GOVERNMENT?, NA HUNGER GO KILL SUCH COUNTRY. THIS IS THE SAD STORY OF NIGERIA A MORALLY, SPIRITUALLY AND INTELLECTUALLY BANKRUPT COUNTRY, it is better to TO THINK MORE, DO THE RIGHT THINGS AND STOP BLAMING THE DEVIL. 6 Likes 2 Shares |
Re: Naira Now ₦460 To Dollar In Blackmarket by bilulu(m): 7:54am On Oct 27, 2016 |
asuustrike2009:Read n understand my statement.... We ve been importing and yet d naira was stable cuz of d policies on ground but dis administration lacks policies n dey don't act proactively dats their major problem 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by Saladin1: 8:00am On Oct 27, 2016 |
lifestyle1: Please how did you get it? |
Re: Naira Now ₦460 To Dollar In Blackmarket by Rockyrascal(m): 8:07am On Oct 27, 2016 |
Chrismas celebrations will be on a lowkey this year |
Re: Naira Now ₦460 To Dollar In Blackmarket by Dolypson04(m): 8:13am On Oct 27, 2016 |
And ironically, our success is not attached to the price of naira against dollars. Some are raking in huge money in this period of recession. I am happy tasting a bit of it these days |
Re: Naira Now ₦460 To Dollar In Blackmarket by axzon: 8:22am On Oct 27, 2016 |
lifestyle1: You are now happy tht $1 =#320 And you rejected it when its #196 See your life. 2 Likes |
Re: Naira Now ₦460 To Dollar In Blackmarket by Sibrah: 8:50am On Oct 27, 2016 |
Blue3k:that means exporters of good and service will get more for their efforts if the meet intl quality. |
Re: Naira Now ₦460 To Dollar In Blackmarket by Sibrah: 8:52am On Oct 27, 2016 |
Dolypson04:You are not alone in Jesus name. Amen. 2 Likes |
Re: Naira Now ₦460 To Dollar In Blackmarket by Sibrah: 9:03am On Oct 27, 2016 |
bilulu:You don't know what u are sayin. Naira was stable becos the previous govt was in the habit of selling excess dollar & forex at low price to give that impression. There is simply not enough excess petrodollar to keep price of Naira down forcefully. It may interest u to know that between 2002 - 2014 we spent $217 Billion in this process. Iweala termed it "Defending the Naira", before that SLS and others termed it "Floating the Naira". OBJ called it "Squandering of Dollar reserve and ECA" |
Re: Naira Now ₦460 To Dollar In Blackmarket by bukynkwuenu: 9:06am On Oct 27, 2016 |
KelvinC1: my man i dey naked stand 4 bonny shore dey wait 4 slave traders 2 Likes |
Re: Naira Now ₦460 To Dollar In Blackmarket by bukynkwuenu: 9:07am On Oct 27, 2016 |
Re: Naira Now ₦460 To Dollar In Blackmarket by amagunnerfan: 9:14am On Oct 27, 2016 |
IVORY2009:Where will they get the dollar from? The problem is SCARCITY mate. Until there is enough dollars in the system, the naira will continue to be useless. |
Re: Naira Now ₦460 To Dollar In Blackmarket by Originalsly: 9:19am On Oct 27, 2016 |
bilulu:Bro....was the Naira stable under GEJ's administration? Wasn't it under GEJ that the Naira plunged to N200/USD1?.... during the time when the price of oil was high?...but yet the foreign reserves kept dwindling instead of increasing? Wasn't that because of the policies on ground? Why are all countries that depend heavily on oil now having economic problems?...countries that were prosperous before the price of oil slumped?...was it because of bad policy on ground? What do you suggest be done?...what do you think GEJ would've done? When you import more than you export... when you spend more from your reserves than you have coming in then the value of your currency would keep decreasing. Saudi Arabia.... been taking measures to slow the rate they are cutting into their huge reserves. Veneauela.... now in crisis mode. .. demonstrations and riots... all because of low oil price...we are no different....we need to cut down on imports...unnecessary spending the little foreign exchange we gather...we need to strive to be self sufficient... that's the only way out.... produce or perish. 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by Sicillian: 9:27am On Oct 27, 2016 |
goldedprince: erico2k2: goldedprince:what's wrong with his comment
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Re: Naira Now ₦460 To Dollar In Blackmarket by bilulu(m): 9:27am On Oct 27, 2016 |
Originalsly:Thanks for ur comment but how long did it take to move up to 200 per dollar? Again wen d campaign was going on didn't apc see dat oil was already dropping to b making baseless promises? Now u re being held to do wat u promised u re busy telling us something else....... Even wen dey were presenting d budget dey said d budget isn't depended on oil dat dey will generate from non oil sector but wat is d news today? We can't fulfil our promises cuz of oil decline........ It's a pity dat alot of Nigerians tho educated but don't act as one. 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by domido(m): 9:27am On Oct 27, 2016 |
#40 to a dollar you promised. |
Re: Naira Now ₦460 To Dollar In Blackmarket by buJu234: 9:31am On Oct 27, 2016 |
bukynkwuenu: but wait why are we even blaming this Old man.. nor b we d YOUTH say make him come rule us...? were we (THE YOUTH) not the one spreading the propaganda then that he says "$1=N1"etc so why are we complaining. until the Nigerian Youth & the masses decided to throw away tribalism & Nepotism; and go for excellence in govt. & political positions; Nigeria will forever remains in SUFFERING & SMILING stage |
Re: Naira Now ₦460 To Dollar In Blackmarket by FellaL: 9:36am On Oct 27, 2016 |
This is ridiculous. No wonder the price of phones just continue to skyrocket. Only God knows what the price of the iPhone 7 will be now, talkless of the Samsung Note 7 or the Tecno Phantom 6 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by Nobody: 9:37am On Oct 27, 2016 |
Can't that dumb nomad resign honourably?...2019, where is thou? 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by tkwo: 9:41am On Oct 27, 2016 |
I imported something from ebay and GTB charged me 320 naira per dollar. Please stop misleading people! |
Re: Naira Now ₦460 To Dollar In Blackmarket by Rubyventures: 9:43am On Oct 27, 2016 |
does anyone know what the pounds rate is? |
Re: Naira Now ₦460 To Dollar In Blackmarket by Originalsly: 9:44am On Oct 27, 2016 |
bilulu:Bro.... why are you expecting a politician to fulfill his campaign promises? Can you name one...just one politician in the world than on leaving office has fulfilled half...half of his promises? On the Naira sliding to 200/1 under GEJ.... it's not a matter of how long it took.... it's that it should never had happened..... with the high price of oil then... it should have been strengthening or at least...the foreign reserves should've been increasing... not decreasing. We need to be objective. .. focus on the policies of the government in power and ask ourselves is it good or bad for us/country.... focus on the message and not the messenger.... don't be a blind party supporter. |
Re: Naira Now ₦460 To Dollar In Blackmarket by bukynkwuenu: 9:50am On Oct 27, 2016 |
buJu234: my brother i never and will never vote 4 that old hag....u know those that voted him....97% am a proud 5%...n am not tribalistic 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by Clone2020(m): 10:10am On Oct 27, 2016 |
Have your relatives in America send you money at juicy rates. Don't bother with Western Union and Co, they exchange at N310/$ plus fees and delays. I will exchange their funds at N385/$. They deposit into my U.S bank account while I credit your Nigerian account in Naira. All transactions are completed in 1 minute. Call or whatsapp my US phone number located in my signature |
Re: Naira Now ₦460 To Dollar In Blackmarket by emymeeky: 10:22am On Oct 27, 2016 |
IVORY2009: Where will travelex get the dollar ? Or you think they are moneybags? |
Re: Naira Now ₦460 To Dollar In Blackmarket by redcliff: 10:25am On Oct 27, 2016 |
IVORY2009: I dont get. Is it not when CBN can give them they wouldngive out? Even cbn sef the dollar is hard for them too. |
Re: Naira Now ₦460 To Dollar In Blackmarket by iykedare(m): 10:31am On Oct 27, 2016 |
lifestyle1: What bank? |
Re: Naira Now ₦460 To Dollar In Blackmarket by iykedare(m): 10:52am On Oct 27, 2016 |
Clone2020: 385? Brosssssss? |
Re: Naira Now ₦460 To Dollar In Blackmarket by Ademoore07(m): 11:03am On Oct 27, 2016 |
erico2k2: For your mind? this shows how stupid u are. I bought 800 dollars this week monday at the rate of 305.50 naira in one of the uba branches in ondo state. Rubbish |
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