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Naira Depreciates To N1,305/$ In Parallel Market - Business (7) - Nairaland

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Naira Depreciates To ₦‎1,300/$ In Official Market / Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens / Place Your Orders On Amazon At #305/$ & $4.8/lbs To Ship Your Orders To Nigeria. (2) (3) (4)

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Re: Naira Depreciates To N1,305/$ In Parallel Market by PotatoSalad(m): 3:23pm On Apr 25
Haaland21:


You have refused to learn, and looking at you, you have a closed mind. You lack simple economic knowledge.

Less stress on the naira unlike before. We produce more oil now.

Dangote is giving us aviation fuel and diesel.
More inflow due to our stock exchange. Our stock exchange based on ASI is the best in the world.
No more manipulations from BDC and Binance again

No need educating you.

Basic123:

I have booked it.
Jusy come out when I call you out

You two countered my opinion. It's not up to a month yet. The abracadabra don dey fade abi?
I have nothing against the naira but you'll learn.

1 Like

Re: Naira Depreciates To N1,305/$ In Parallel Market by NSK4U(m): 6:01pm On Apr 25
Fearyourcreator:

Go sleep

Like Chicago bagman abi??
Re: Naira Depreciates To N1,305/$ In Parallel Market by ordovicianonly(f): 6:25pm On Apr 25
May US Dollars continue to rise while the Naira fall in Jesus mighty Name since prices of goods ,services ,foods ,school fees ,Gas ,petroleum products keeps increasing as the Naira was appreciating.Some individuals (marketers ,importers ,exporters ) are benefiting from the rise of Naira and they don’t want the common man on the street to feel it . Prices of everything tripled even when dollar crashed to the lowest . No price control ,everyone just want to reap and cheat others .
Re: Naira Depreciates To N1,305/$ In Parallel Market by BurntDodo: 7:07pm On Apr 25
obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.


How then will they weaponize hunger if they do that? It's not by accident things are the way they are. Nigerian elites need it to be this way. We have to organise to beat them at their game politically. Join Mop centre on IG.
Re: Naira Depreciates To N1,305/$ In Parallel Market by yahoodetector: 7:19pm On Apr 25
Faceonme1443:

Nobody grab your votes, South East did not vote for Tinubu. Why didn't Tinubu grab votes in the 5 south Easter state. You can only rig in a place that you are popular. If you have 100 people in a polling both and about 95 people voted against You, tell me how You are going to rig there. It was grace and destiny that put Tinubu on that seat,if Obi had stayed back in PDP,he wouldn't have divided the PDP votes. Naturally,South East votes is for PDP not APC.

But Tinubu is not popular in Rivers State...but what happened there?

1 Like 1 Share

Re: Naira Depreciates To N1,305/$ In Parallel Market by Fearyourcreator: 8:12pm On Apr 25
Meedon:


E no go better for me ,my family and all those useless politicians who loot our national Treasury. In sha Allah. Una no go die well
Amen
Re: Naira Depreciates To N1,305/$ In Parallel Market by TheOgaBoss: 8:22pm On Apr 25
jkpbestseries:
so many are very happy now
the alleged happiness or sadness of anyone is not responsible for tbe fall of tbe naira, the handlers of tbe Nigerian economy are.

1 Like 1 Share

Re: Naira Depreciates To N1,305/$ In Parallel Market by TheOgaBoss: 9:00pm On Apr 25
femicyrus:

Go and sit down
Show us first the effects of the grants to farmers by emefiele
at least food was cheaper than it is now.
Re: Naira Depreciates To N1,305/$ In Parallel Market by femicyrus(m): 9:55pm On Apr 25
TheOgaBoss:
at least food was cheaper than it is now.
You've forgotten that borders were close in favor of farmers when imported rice was selling for #7500 per bag.
After Cbn grant with improved seedlings + Fertilizer
Free land and mechanized equipment etc
Our own farmers rice went up to #75,000
Re: Naira Depreciates To N1,305/$ In Parallel Market by didymario7(m): 10:07pm On Apr 25
BadMaster:
Nothing ever works in this country. Can someone please explain this to me? How come CBN sells to BDCs at N1,020, and BDCs aren't suppose to make more than a profit of 1.5%, yet it's been sold for over N1,300. This is crazy.

It is possible that thise bdcs are selling them at 1300 sef.
Re: Naira Depreciates To N1,305/$ In Parallel Market by Ratello: 2:40am On Apr 26
omoredia:
Our fx is clearly being looted by Tinubu and his surrogates and that's the fact.

So don't let theives fool us while they are robbing us. That's a double tragedy.

When thieves and terrorists come together to form a political party to take power by hook or crook, and we think they will offer anything good? Let's be real

You saw it clearly and declare it rightly.....Tinubu and gang has nothing to offer us

2 Likes 1 Share

Re: Naira Depreciates To N1,305/$ In Parallel Market by Dedeity: 6:52am On Apr 26
obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

If that is done without tackling insecurity, it will have little or no effect. Herdsmen are menace to the farmers nation wide
Re: Naira Depreciates To N1,305/$ In Parallel Market by blueAgent(m): 1:15pm On Apr 26
Geovanni412:


I doubt that

Next month is MPC meeting of CBN

Unless they announce a reduction in interest rate, 950 seems impossible

They have exhausted all their artificial ammunition

How would reduction in intrest rate favor naria against the $

Una don come with this una backyard Economics.
Re: Naira Depreciates To N1,305/$ In Parallel Market by blueAgent(m): 1:23pm On Apr 26
Fearyourcreator:

E no go better for anyone wanting naira to depreciate... Aiye won ma ta loju emi wan ni

E no go better for anyone and his generation that voted and supported this useless party and administration. grin
Re: Naira Depreciates To N1,305/$ In Parallel Market by Fearyourcreator: 1:47pm On Apr 26
blueAgent:


E no go better for anyone and his generation that voted and supported this useless party and administration. grin
Anyone that wants this administration to fail shall see no good from the land ... Anyone wanting Nigeria and this administration to fail will not have peace...
Re: Naira Depreciates To N1,305/$ In Parallel Market by blueAgent(m): 1:56pm On Apr 26
Fearyourcreator:

Anyone that wants this administration to fail shall see no good from the land ... Anyone wanting Nigeria and this administration to fail will not have peace...

Clowinsh useless prayer that does not pass ceiling.
Keep fooling yourself.

Hunger go reset your brain last last. grin grin
Re: Naira Depreciates To N1,305/$ In Parallel Market by Fearyourcreator: 7:34pm On Apr 26
blueAgent:


Clowinsh useless prayer that does not pass ceiling.
Keep fooling yourself.

Hunger go reset your brain last last. grin grin
You are the one crying about this administration, na you hunger wan kee not me ...
Re: Naira Depreciates To N1,305/$ In Parallel Market by blueAgent(m): 9:11pm On Apr 26
Fearyourcreator:

You are the one crying about this administration, na you hunger wan kee not me ...

Hunger no dey kill, ppl way Oil dey there head.

Hungry man
Re: Naira Depreciates To N1,305/$ In Parallel Market by Fearyourcreator: 12:33am On Apr 27
blueAgent:


Hunger no dey kill, ppl way Oil dey there head.

Hungry man
You better go find food for your family

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