Stats: 3,186,840 members, 7,930,907 topics. Date: Sunday, 25 August 2024 at 11:34 AM |
Nairaland Forum / Nairaland / General / Business / Naira Plunges To N472/$ As Forex Scarcity Worsens (25565 Views)
Naira Plunges To N1,900, Rebounds To N1,354 Then Dips To N1,700/$ / FOREX Crisis: Naira Plunges To 1,025/$, Job Losses, Factory Shutdown Loom / Naira Plunges To N575 To A Dollar Two Days After Aboki FX Update Suspension (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by salveoP(m): 11:48am On Jul 29, 2020 |
I want to convert some of my savings to USD. How is the exchange rate in black market? 1 Like |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Galactico4ever(m): 11:48am On Jul 29, 2020 |
Our currency is becoming more useless the more Buhari's regime goes on.Naira will soon become like the korean won. 3 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Peng12345: 11:49am On Jul 29, 2020 |
And I sold euro for 480 on monday, was I scamed? |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Archangels2(m): 11:49am On Jul 29, 2020 |
Nah wah o. |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by anonimi: 11:50am On Jul 29, 2020 |
SmartPolician: ![]() ![]() www.nairaland.com/attachments/4016307_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362 20 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by yaki84: 11:50am On Jul 29, 2020 |
dre11:If abba kyari was there, we wouldn't hv experience this. Oh he meant well for us. RIP |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by dljbd1(m): 11:51am On Jul 29, 2020 |
Mehn...this is bad and sad. |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Bornfool(m): 11:52am On Jul 29, 2020 |
Learn Forex trading, whenever you hear bad news about naira you will be happy because you are making your money in dollars 5 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Jamesz12: 11:52am On Jul 29, 2020 |
What is the implication to forex trading companies please? I just need to know |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by jericco1(m): 11:52am On Jul 29, 2020 |
Well well that's too bad though. FG know what to do but they're greedy bastards |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Nobody: 11:53am On Jul 29, 2020 |
dre11:No wonder the astronomical increase in price of goods and services. Hope APC and PDP supporters as well as their unenlightened counterparts on NL shop in different markets, perhaps in space. Shout finish go face empty pots. Nonsense! 2 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Soulsymbol99: 11:54am On Jul 29, 2020 |
Emefele ur boss isa funtua don delete na,worris happening ![]() |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Consequential: 11:54am On Jul 29, 2020 |
Our currency need some value. |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Nobody: 11:55am On Jul 29, 2020 |
SmartPolician:omg. 460 so happy |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by CocoaOla: 11:57am On Jul 29, 2020 |
Hard work does not pay in Nigeria our saving in Bank keep losing values with government unreasonable tax that will be looted the useless good for nothing government devalued our currency on purpose it backfiring now more hard time Nigerians naira currency purchasing power is now zero thanks cbn I hate Nigeria 2 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by question(m): 11:57am On Jul 29, 2020 |
Akpabio and NDDC dont care, they are still busy looting the Billions of Naira |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by PureGoldh(m): 11:58am On Jul 29, 2020 |
Wahala dey 1 Like |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Omooba77: 11:59am On Jul 29, 2020 |
RealEzee: Few of them even had first class in Accounting oooo, yet they forgot all they learnt in school............... I saw it earlier in the morning and I SHOOK MY HEAD.......................... 1 Like |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by exquisitehair(f): 12:00pm On Jul 29, 2020 |
Naira please rise so as to avoid increase in the prices of goods. Nigerian economy is not smiling at all ![]() |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Awe4luv(m): 12:01pm On Jul 29, 2020 |
chai!, funding my forex account just got a whole lot bigger....... would you love to learn forex.....* Training fee required* mentorship is free though.... call/whatsapp: 08167739165 |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by SmartPolician: 12:03pm On Jul 29, 2020 |
phr33man: Go and write this somewhere, cryptocurrency will never outrun fiat currency. Anyone delving into cryptocurrency is gambling because no government will allow a currency that it cannot control to thrive its domain. Government wants to be in charge of everything that happens in its domain that's why cryptocurrency can't take the place of fiat currency without government involvement. Just to be sure that they scare people from buying into a decentralized crypto, governments are claiming that virtual currency is used to fuel the dark web. 3 Likes |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Xerum(m): 12:04pm On Jul 29, 2020 |
What happened o!? Has the CBN stopped supporting the Naira? Dem don tire? Eeya. Can some officials come forward to come and tell us what is going on? Is it depreciation or devaluation? Akpabio and the reps don change NDDC billions to $$$? |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Mcslize: 12:08pm On Jul 29, 2020 |
SmartPolician: How does one find Aboki to sell to? |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by Nobody: 12:08pm On Jul 29, 2020 |
adonainana:I can develop one for you.. how do I contact you? |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by IMAliyu(m): 12:08pm On Jul 29, 2020 |
Next level things. |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by SmartPolician: 12:09pm On Jul 29, 2020 |
Mcslize: They are in every state capital and city 1 Like |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by bigpicture001: 12:10pm On Jul 29, 2020 |
Only dangote can rescue Nigeria now. |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by tempest01(m): 12:10pm On Jul 29, 2020 |
phr33man: s |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by phr33man(m): 12:11pm On Jul 29, 2020 |
SmartPolician: Get me clearly, I'm never in support of it either. But with what facebook is planning for his crypto currency(libra coin), this might be the beginning of universal money because in his government can look into it and can't be traded unlike other crypto. The only advantage it has is you can save the value of your money with Libra. Yet our wealth is going to the western world. I'm seeing Africans being the beneficiaries of this universal basic income (UBI) after we are being rendered useless with the introduction of AI which is taking over every profession. I fear for Africa and our generation to come |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by showafrica(m): 12:13pm On Jul 29, 2020 |
popsy2: Upon say dollar dey weak oo, if dollar come back to normal we are heading to 1000 to 1$. I think that was what buhari meant by 1N to 1$, he meant N1K to $1. 15 Likes 1 Share |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by kalu61(m): 12:15pm On Jul 29, 2020 |
Jamesz12:There is no implication. They are at advantage as their money is in dollars already. They will be making alot of gains converting those dollars to local currency 1 Like |
Re: Naira Plunges To N472/$ As Forex Scarcity Worsens by stagger: 12:15pm On Jul 29, 2020 |
SmartPolician: BDCs were buying at 470 in Abuja. |
(1) (2) (3) (4) (5) (6) (Reply)
Economy: Buhari Is On Right Path – Dangote / How Much Will Cost Me To Send A Letter From Nigeria To USA? / 5 Types Of People Around You When You Start Making Money
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37 |