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Nairaland Forum / Nairaland / General / Business / Naira Now ₦460 To Dollar In Blackmarket (20346 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 promzyphyno(m): 11:08am On Oct 27, 2016 |
buJu234: My brother chop knuckle!! 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by Blue3k(m): 11:42am On Oct 27, 2016 |
Ademoore07: I see you didnt study economics in school since you believe that. Black markets arise when there are price distortions due to government interferences causing market failure. Since government set the value of currency high than its natural equalibrum price it creates shortage. That's why black market exist today. Blame your politicians irresponsible policies if you want to share blame. They wrote the laws. They also have powere to change them. |
Re: Naira Now ₦460 To Dollar In Blackmarket by scrupulousblog: 11:46am On Oct 27, 2016 |
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Re: Naira Now ₦460 To Dollar In Blackmarket by centboy123456(m): 12:59pm On Oct 27, 2016 |
Re: Naira Now ₦460 To Dollar In Blackmarket by erico2k2(m): 1:26pm On Oct 27, 2016 |
Horlufemi:Even science is sold in Dollars |
Re: Naira Now ₦460 To Dollar In Blackmarket by erico2k2(m): 1:32pm On Oct 27, 2016 |
Rubyventures:to send from the UK to Nigeria via high st 3rd party Agent it's N555 |
Re: Naira Now ₦460 To Dollar In Blackmarket by erico2k2(m): 1:37pm On Oct 27, 2016 |
Sibrah:and that's what our govt should promote, abolish export duty.make easy for is to export goods and services. look at the UK for example the weak pounds meant the Economy grew by near %0.5 today . Cos of export |
Re: Naira Now ₦460 To Dollar In Blackmarket by Nobody: 2:22pm On Oct 27, 2016 |
bilulu:So what were policies that were lacking? |
Re: Naira Now ₦460 To Dollar In Blackmarket by Rubyventures: 3:10pm On Oct 27, 2016 |
erico2k2: Thanks |
Re: Naira Now ₦460 To Dollar In Blackmarket by Yampotatocarrot(m): 3:30pm On Oct 27, 2016 |
[quote author=Ademoore07 post=50547612 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[/quote] Pleaseeeeee don't be annoyed o. I'm serious here. Which of the UBA branches? Did u use t for international transactions or u only just bought from them? Looking forward to your reply. Thanks again |
Re: Naira Now ₦460 To Dollar In Blackmarket by Ademoore07(m): 4:59pm On Oct 27, 2016 |
[quote author=Yampotatocarrot post=50554611][/quote] I bought it and send it to a friend residing outside the country via money gram at ondo branch, ondo town |
Re: Naira Now ₦460 To Dollar In Blackmarket by futurewise11(m): 5:11pm On Oct 27, 2016 |
I have euros for sale up to 10k.transfer to any European bank account is free and I can send also to Nigeria Domiciliary Bank account at 488. +4915141359243 |
Re: Naira Now ₦460 To Dollar In Blackmarket by Yampotatocarrot(m): 9:58pm On Oct 27, 2016 |
Ademoore07: Waoh, seems different rules apply for different locations o. I was at UBA here in Lagos, Iyana-ipaja branch last week n the lady told me they can't send out money through WU n even MG again. That d only thing they do now, z to receive. Maybe I'll try that branch. Thanks for the info 1 Like |
Re: Naira Now ₦460 To Dollar In Blackmarket by KelvinC1(m): 3:12am On Oct 28, 2016 |
bukynkwuenu:lol |
Re: Naira Now ₦460 To Dollar In Blackmarket by Pidggin(f): 4:33am On Oct 28, 2016 |
Ademoore07: See them, celebrating nonsense. You were exchanging for N200/$1 when you were clamoring for change now you are celebrating 100% increase |
Re: Naira Now ₦460 To Dollar In Blackmarket by Dolypson04(m): 4:47am On Oct 28, 2016 |
Stop complaining about naira depreciation and take charge of your future. The best time to make more money is this period of recession. Ask me how and I will be happy to show you free of charge |
Re: Naira Now ₦460 To Dollar In Blackmarket by Ademoore07(m): 6:49am On Oct 28, 2016 |
Pidggin: I'm not even happy with the current exchange rate. But for the first monicker embarrassing me as if I knew nothing about foreign exchange policy was what made to respond in such way. How should one be happy for purchasing 405 naira per dollar in bad market? I'm waiting till it becomes 150 naira like in obj days |
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