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Nairaland Forum / Nairaland / General / Business / Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs (26221 Views)
CBN formalises dollar sales to BDCs as naira improves / Naira Falls To N1, 000/$ In Official Market / Naira Falls To 760/$, Ahead Of Inauguration (2) (3) (4)
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Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Haaland21: 1:47pm On Apr 16 |
PotatoSalad: 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. 2 Likes |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 1:49pm On Apr 16 |
Masterstroke4: There is really nothing to be happy about here, the exchange rate have been fixed back. Only those without knowledge of economics or the exchange rate market will not understand this. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 1:51pm On Apr 16 |
PressMyButton: Maybe then when the are being floated, the exchange rate have been fixed back, so we expect it to go the way CBN wants. When the CBN sells dollar to banks and BDCs and determine how much they resell. The naira is now fixed. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by MrPOTUS: 1:52pm On Apr 16 |
Haaland21: Alaye inflation don hit 40%, u say celebrate What's d point of all these if d naira is still useless in our market? |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 1:52pm On Apr 16 |
EreluRoz: Trying for fixing the naira back? Come on. 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by naturefellow(m): 1:53pm On Apr 16 |
Bintasukai:dull leader makes dull followers
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Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Dittodat: 1:53pm On Apr 16 |
omoredia: It's blatantly obvious that Nigeria is in such a dire state due to zero IQ, shallow retarded imb@cile like you. Any country with a fair amount of retards like you cannot and should not expect any form of serious development. It takes intelligent citizens to have an intelligent society and development. Condom use could have prevented such cretins like you. Now STFU and get lost. BYE |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 1:55pm On Apr 16 |
Quelme: If I am made the CBN governor today, and I want the naira to exchange at 500 naira to a dollar, I will comfortably do that. Just do what he did, get more dollar, sell to BDCs and mandate them to sell at a price, that's all. Its called FIXED exchange rate régime. 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by LegendHero(m): 1:55pm On Apr 16 |
Paramount01: Yes, I checked tap tap again now and it’s still #1100. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by rockyh(m): 1:55pm On Apr 16 |
socialmediaman:God bless you for understanding the chess.i will only commend the government if the drastic fall in dollars starts reflecting in every sector of the economy. Has import duty gone down,what has dropped off in the economy it's been over one month since the consistent rise in naira yet nothing has changed. Let's wait until the end of July and see if the dollar will not go back to its old price when the reserve has been fully pushed into the market 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Skyehigher1: 1:55pm On Apr 16 |
Kudos to my president and CBN governor 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Niok: 1:58pm On Apr 16 |
Hopefully it should go down to 200 as buhari met it before |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by IkeIgboNiile(m): 1:58pm On Apr 16 |
These cheap propaganda isn't helping anyone. Fuel is still high and with the increase in electricity tariff, Nigerians are yet to feel the impact of this so called Naira gain. We can't continue celebrating mediocrity at our expense. Leave propaganda and work, that's all we ask for. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by PressMyButton: 1:59pm On Apr 16 |
Saintinoo:Please swerve, i am allergic to low reasoning. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by achimendy(m): 1:59pm On Apr 16 |
Masterstroke4: Good one for now. Let's keep watching. 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by michaellovaldo(m): 2:07pm On Apr 16 |
kay29000: Oh ye doubting Thomas, doubt no more I believe this is the first time we can bank on having a functional refinery that is hopefully going to run for a long time, at least that should count for something I believe, coupled with some needed reforms in the banking sector 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by ppogba: 2:08pm On Apr 16 |
Paramount01: People will always say they have not seen the impact because: 1. The are perpetually blind to the truth. 2. Most are noise makers that rarely go to the market. 3. They get their oxygen from the bad situation in Nigeria. 4. Most like to regurgitate what others are saying without having the fact If nothing at all, the price of rice has fallen considerably. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by graceland366: 2:11pm On Apr 16 |
http:///earnbtcbywatchingads_bot?start=538739588 Legit way to earn yourself BTC into your wallet. Within 24hours I have gotten 0.0005463 |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Freedomman1960: 2:11pm On Apr 16 |
rockyh:Don't wait go and sell your dollar if not Las Las you go cry ......well you myt not even have a dollar account you ppl just wish us bad as a nation even White man knows Naira is undervalued |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by kiddkash(m): 2:12pm On Apr 16 |
Why did naira have to fall that bad, I had to layoff 3 of my hardworking employees. They were good people. 2 Likes |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Kingzmate(m): 2:12pm On Apr 16 |
OKAY I GO NEED TO BILL MY CLIENTS HIGHER |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by ppogba: 2:12pm On Apr 16 |
shortgun: But, it was not propaganda when it got to N1900? 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by APOPTOSIS: 2:13pm On Apr 16 |
EreluRoz:Who brought the Disaster upon Nigerians? Who ensured the Disaster won election in this age? Who presented the disaster to Nigerians b4 BAT won? You Guys forget things too quickly. It's absurd and preposterous. It's sickening that you have just forgotten the man who handed a dullard to an entire country simply because he used him to bargain for his turn. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by pquaver(m): 2:15pm On Apr 16 |
EreluRoz: My papa sef don dey confess small small.. Lol the man na Obidient to d core but he is beginning to say positive about jagaban.. I go just dey listen, am like na my papa dey talk so? The truth is like pregnancy... He go show las las n obi can never abort it.. Jagaban will succeed take it to the bank.. From The only igbo man standing peter obi cannot deceive.. Na me be dat 2 Likes 1 Share |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Paramount01(m): 2:17pm On Apr 16 |
LegendHero: So where are they getting all this #950, #900 per dollar they are seeing |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by ppogba: 2:17pm On Apr 16 |
Freedomman1960: I do not have an adjective to describe you if you believe those empty barrels indeed have any dollar in their custody. Those who have dollars have access to multiple of information and of course ways to address issues ASAP especially the speculators. Majority you hear of on social media are mere noise makers. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Saintinoo(m): 2:17pm On Apr 16 |
PressMyButton: It will sound odd to you because you know nothing about exchange rate market. |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by emerged01(m): 2:18pm On Apr 16 |
socialmediaman:Reserve depleted by $595m only since Tinubu became president? Did you know how was spent monthly to defend naira monthly during Emefiele? $1.5b monthly with forex backlogs of $7b and with a foreign reserve of $33.3 b. That was a messy situation. Since you are saying Cardoso is defending naira,how much is he spending month? Remember he cleared forex backlogs of $7b that he inherited. You want to tell me you dont know that the importation of fuel has reduced by 50%,licensing of BDCs to over 1500 from over 5000 are part of policies that are contributing to naira appreciation.Defending of naira is legal not that type of Emefiele's way of defending naira;pegging offiacial rate at 415naira while black market was 700naira,enriching blood sucking demons through forex. 3 Likes 1 Share |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Paramount01(m): 2:18pm On Apr 16 |
pquaver: You be igbo? 1 Like |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by Krankhead: 2:20pm On Apr 16 |
socialmediaman:Say good things about your country for once. All what you people want is bad news about the country 1 Like 2 Shares |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by omoredia: 2:21pm On Apr 16 |
Dittodat: |
Re: Naira Hits ₦1,000/$ Ahead Of CBN Sale To BDCs by PressMyButton: 2:21pm On Apr 16 |
Saintinoo:Illiterate, pls swerve. |
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