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Nairaland Forum / Nairaland / General / Business / Naira Firms On Black Market After Central Bank Action - BDC Traders (26892 Views)
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Naira Firms On Black Market After Central Bank Action - BDC Traders by gimbayaro(m): 2:00pm On Feb 22, 2017 |
Nigeria's Naira firmed 1.1 percent to 510 on the black market on Wednesday, bureau de change (BDC) traders said, after the Central Bank of Nigeria (CBN) started to supply dollars for retail transactions in a bid to narrow the spread with the official exchange rate. Most BDCs were showing only offers to sell at 510 with no bids, having sourced dollars privately at peak rates of 520 per dollar. The naira was quoted at 305.25 per dollar on the official market. The CBN stepped up dollar sales on the interbank currency market on Tuesday, a day after it effectively devalued the naira for retail currency sales Read more at http://www.dailytrust.com.ng/news/business/naira-firms-on-black-market-after-central-bank-action-bdc-traders/186405.html#oT6WIzTrTbkSLKzu.99 cc: seun,mynd44 and lalasticlala
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Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by lanruma001: 2:06pm On Feb 22, 2017 |
will go back up .... same crap every time as this is not a new solution 7 Likes 1 Share |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Aburi001: 2:17pm On Feb 22, 2017 |
Gegege.......1 dollar go hit #700 naira before Buhari go return from him indefinite "holiday" ![]() And when he returns from London, his blind economic policy and the EFCC arrests go jack-up the naira to maybe #800 naira to 1 dollar. ![]() BTW, I'm still wondering why UK go release Ibori to us andown seize Buhari INDEFINITELY ![]() 50 Likes 1 Share
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Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by KingAfo(m): 2:17pm On Feb 22, 2017 |
CBN firms naira..pfffff nonsense..Naira that is lose like Cossy's P---Y 3 Likes |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by purpledferanmi1: 2:17pm On Feb 22, 2017 |
Woow second to comment... STC |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by MabraO: 2:17pm On Feb 22, 2017 |
Nothing new under d sun 2 Likes |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by emmanuelgon: 2:18pm On Feb 22, 2017 |
Change |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Nobody: 2:18pm On Feb 22, 2017 |
![]() 21 Likes 1 Share |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by ekanDamie: 2:18pm On Feb 22, 2017 |
seun and lalasticlala should stop putting up this inconsequential,insignificant,ineffectual,immeasurable and irrelevant decline in the exchange rate. wait till it is at least 50% drop. all this 1% drop don't mean shiiiiiiiiiii!!!!!!!!! BTW i am waiting till When it is 7pm, when I will put on my agbada, wear shoe and cap, then say to myself " you are the minister of power" and put my gen on 50 Likes 2 Shares |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Smhart1(f): 2:18pm On Feb 22, 2017 |
And it will lose by #20 |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by dacovajnr: 2:18pm On Feb 22, 2017 |
Na wen Naira Turn bwest wey dey firm ![]() |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by omanifrank(m): 2:19pm On Feb 22, 2017 |
lalas |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Costello559(m): 2:19pm On Feb 22, 2017 |
Open more forex, then watch dollar go "catapult" down as e catapulted up.. |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by KingAfo(m): 2:19pm On Feb 22, 2017 |
purpledferanmi1:4th you mean? |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by ELPablochapo: 2:20pm On Feb 22, 2017 |
Firm @520? |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by LoveJesus87(m): 2:20pm On Feb 22, 2017 |
A |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Ask4Info: 2:21pm On Feb 22, 2017 |
Which N510 on the black market. They are changing it for N490 Flat nothing more. Changed a few thousands this morning. Instead make Burea De Change dey beg me, na me dey beg "Aboki abeg add N5 now" They said by mid next month, dollar will drop to like N300/$1. If these policies are sustained, Nigerians will smile in the coming days and recession will be a thing of the past. Click LIke for Acting President Osibanjo and Share for President Buhari. 48 Likes 5 Shares |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by wazobaaa: 2:21pm On Feb 22, 2017 |
confuse government confuse cbn confuse cabal ;Dconfuse government confuse cbn confuse cabal |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Ayoswit(f): 2:22pm On Feb 22, 2017 |
k, seen. |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by 2kass(m): 2:22pm On Feb 22, 2017 |
Lmaoooo: Not because it's interesting or it's funny, that's how I laugh when I am hungry 2 Likes |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Firstcitizen: 2:22pm On Feb 22, 2017 |
It will be sabotaged again by cbn officials, banks and others 2 Likes |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by AngelicBeing: 2:22pm On Feb 22, 2017 |
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Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by theophorus(m): 2:22pm On Feb 22, 2017 |
Please sell your dollar now. Because this is the beginning of it depreciation... 1 Like |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by LoveJesus87(m): 2:23pm On Feb 22, 2017 |
purpledferanmi1:wake up |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by olatex25(m): 2:23pm On Feb 22, 2017 |
purpledferanmi1:u are forth though |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by VickyRotex(f): 2:23pm On Feb 22, 2017 |
520 loun loun ![]() E go better ![]() |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by horlanrewaju11(m): 2:23pm On Feb 22, 2017 |
i cant even find five naira for here |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Nobody: 2:24pm On Feb 22, 2017 |
Re: Naira Firms On Black Market After Central Bank Action - BDC Traders by Ucheosefoh(m): 2:24pm On Feb 22, 2017 |
Any positive effect on naira master card payment ? |
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