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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens (46271 Views)
Naira Depreciates To N1,305/$ In Parallel Market / Naira Depreciates To ₦1,300/$ In Official Market / Naira Depreciates To 410/$ At Official Market (2) (3) (4)
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Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by VaselineCrew: 6:54am On Mar 28, 2020 |
etrouble: see dem, that is how they were cursing N216 to $1 in 2015 guy you have no case abeg 6 Likes 1 Share
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Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 6:54am On Mar 28, 2020 |
Dollar would start crashing very soon... Reasons: - The borders are shut.. - The airports are shut aswell.. - Out major concerns now is food and water.. - Supermarkets would run out of foreign produce and resort to locals. - Those turkey and dubai clothes cant come in now. - cars are not coming in aswell.. - Chinese factories are shut aswell.. Its purposes are defeated, the demand would drop very soon. 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by chozzy: 6:55am On Mar 28, 2020 |
Shithole country led by a shithole president 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Bigleaf1006: 6:56am On Mar 28, 2020 |
Racoon: We told them not to create unnecessary panic, brace up for what's to come. After this virus, if d tin Noh pass N500 go be big miracle 2 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 6:57am On Mar 28, 2020 |
allandutch:So na only "G-boys" dey see Dollar? ![]() 3 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by netflicks(m): 6:58am On Mar 28, 2020 |
I think we should start advocating the move to resign this apc govt. They have nothing to offer 3 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by fineboynl(m): 6:59am On Mar 28, 2020 |
The entire world and Nigeria would never recovered from this in 10 years to come. They should allow people get infected and build natural immune and resistance afterall the virus death rate is low. Should we destroyed the world economy for such? 2 Likes 1 Share |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by poweredcom(m): 7:01am On Mar 28, 2020 |
Wahala de oooo |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Roman7(m): 7:04am On Mar 28, 2020 |
Wouldn't be surprised if it gets to #1000 to $1 before this pandemic ends......that is if it's going to ever end. 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 7:05am On Mar 28, 2020 |
1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by smalldoctor: 7:05am On Mar 28, 2020 |
I go wait still reach 600 per $ What a side hustle! From 100 to 800 dollers Thank God I had been buying $ small small Is not my fault blame government for disverble our currency |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Agboriotejoye(m): 7:08am On Mar 28, 2020 |
kikero: Keep giving excuses. Only a lazy man blames his tools. The common denominator for all these recessions is Buhari. Go figure!! 6 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by BOSSFX: 7:11am On Mar 28, 2020 |
Naira even perform better, naija being an import dependent nation with only one major export, oil, which have crashed now. Abi, what is the price of crude now? I expected #550/$, given the strength of dollar against all major currencies with better economy at this present time. You can learn a new and productive skill(s) in this trying times. We teach financial market trading and provide signals as well. We just completed this week winning trades and we move on to next week trades. No bs, we deliver result. You can follow our blog to see our consistent results every week. Check ziggy for details. |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by israelmao(m): 7:11am On Mar 28, 2020 |
That's the price we have to pay for running mono-product economy despite the fact that global lockdown contributed to it. 2 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by VillagePipu: 7:11am On Mar 28, 2020 |
fineboynl: Natural immune and resistance? Are you aware that 14% of those who get cured end up being infected again? What is needed is medical treatment, not hoping on natural immunity. 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by allandutch: 7:12am On Mar 28, 2020 |
Omoluabi9: Now... Which part of my comment did you see anything about g-boys being the only ones that see dollars? |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by LabDNA: 7:12am On Mar 28, 2020 |
The US is also hit by recession why is the dollar not also losing value in the same vein? 2 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 7:13am On Mar 28, 2020 |
Agboriotejoye: See my point number 7, and also point 5.... Excuses indeed. The truth is, we have no excuse to remain on one source of income, or to continue on the same old path we have been on for decades...selling stuff whose prices we don't control....meaning when prices go down....we have to take loans to survive. Buhari knows what he should do. But would he do it? That's the sad bit..he won't because political surivival is more important than economic advancement in Nigeria....(and one reason why I have no hope in both parties). |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 7:13am On Mar 28, 2020 |
princeade86: LabDNA: Because the US hasn't spent the last 60 years putting all its eggs into one; currently worthless; basket. 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Seetto: 7:14am On Mar 28, 2020 |
Agboriotejoye:The fall in price of crude oil in 2015 is cause by buhari like wise Corona virus disease that has crumbled the world economy, the billions of dollar stolen by madueke, dasuki and all the stolen monies shared during gej regime is also caused by buhari, if you want to criticize, criticize constructively. |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Jaspernubi: 7:15am On Mar 28, 2020 |
VaselineCrew: When Nigerians were given the opportunity to choose between Intelligence (SOWORE) and Mediocrity (Buhari) Nigerian chose mediocrity above intelligence Go and look at the videos of Sowore online to see what you all miss in a True Leader 2 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Agboriotejoye(m): 7:16am On Mar 28, 2020 |
etrouble: Stop giving silly excuses. Was Jonathan responsible for the 1984 recession as well or for the incoming one. How come Buhari is the factor common to all recessions that ever occurred in dis country 4 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by hisexcellency34: 7:17am On Mar 28, 2020 |
Immediately the man retained Emefiele as CBN governor, I know this country is doomed |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by hillsway(m): 7:18am On Mar 28, 2020 |
I've got some dollars to sell at 400...halla at me if you are interested. About 3000$ up for grab. |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Agboriotejoye(m): 7:20am On Mar 28, 2020 |
Seetto: More excuses. The root of it all is that one man alone is synonymous with 1984, 2016 and 2020. That is an incontrovertible fast starring us in the face. Your wife's soup is sour, you say it's the weather. Na only her pot weather affect? It calls for study why recession always comes with Buhari. There's a lot of lesson to learn there. 5 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by IsraelSongz: 7:20am On Mar 28, 2020 |
kikero: But the President was aware of these before he made his campaign promises. Or wasn't he? There's no defence. Please rest Your case. 5 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by blowjohn(m): 7:23am On Mar 28, 2020 |
VaselineCrew: U said it all. It was very insensitive of them to be collecting cars at this time when the healthcare system needs overhauling. All they know how to do is wear agbada and crack jokes when in session. No decorum. No sense of urgency. Low IQ. Greedy people with no intellectual capacities. U should see the way they made jokes the day they voted against air lifting Nigerians from china over the pandemic. No professional ethics at all. Just laughing and cracking jokes like it was the late night or Ellen DeGeneres show 5 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Agboriotejoye(m): 7:23am On Mar 28, 2020 |
kikero: Who mentioned party? I mentioned an individual called buhari vis a vis recession. Obj ruled this country thrice just like buhari has. Not once was there a need for economic analysis of recession during his tenures. But once buhari comes onboard, professors of recession will be in high demand. The reason for that is what we should look at. 4 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 7:23am On Mar 28, 2020 |
IsraelSongz: See my points 5 and 7 again.... I am not defending the government. I am stating the cause of the economic crisis, what the government has failed to do about the crisis, and what the solution should be. If Buhari had stopped controls on petrol prices in 2015 and also removed power subsides...by now there would have been more jobs, and more refineries., and more investment, and more prosperity. He didn't. See where we are today. |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Centcanada: 7:26am On Mar 28, 2020 |
If I read comment of people at some article that matter most, I laugh because I was meant to understand that what you don't know, please do not comment rather reads peoples comment and learn what the article is saying. You don't rubbish because you see people commenting. You don't learn that way! You only learn by seeing or reading a nice comment. Its bad! Very very bad! 1 Like |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Nobody: 7:26am On Mar 28, 2020 |
Bihari promised one dollar to one naira and the zombies swallowed it line hook and sinker. 2 Likes |
Re: Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens by Centcanada: 7:26am On Mar 28, 2020 |
If I read comment of people at some article that matter most, I laugh because I was meant to understand that what you don't know, please do not comment rather reads peoples comment and learn what the article is saying. You don't comment rubbish because you see people commenting. You don't learn that way! You only learn by seeing or reading a nice comment. Its bad! Very very bad! |
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