Market indications as at yesterday July 13th showed that the Naira is now 241 against a dollar. Financial experts say the ban placed by CBN on importers from accessing Nigerian foreign exchange markets for the importation of 41 items has led to the volatility of the Naira-Dollar exchange rate at the black market.
129 comments:
Baba go slow promised to make 1 dollar equal to N1... We're waiting
Correct
Hmm my hopes are still high on this regime sha,regardless of this
Noted
Time to tell your loved ones overseas to send you some dollar bills..on a more serious note,this is no good news at all..anti buharis over to you..smh.
Nigerians wanted change. So keep the change. Buhari has destroyed this country gej was trying to build. Engr Emy.
Shit is getting really ugly. ....
Wetin dey sup!!!!™ na wa oooo dollar jez dey mud naira......naira lazy gan oooooo
Yeah.. work is in progress with my president, after putting things in order,we all are going to enjoy every bit of all he shuffle down,the present power sector is superb abi u all didn't notice that??
Nawa oooo 141 say whatttttttt dat is extremely much God hahaha
Wow!
Dis is serious o
This is serious!
Hmm
God help us
N241 to a dollar, dis means our naira is depreciating compare 2d dollar which is appreciating.
Our govt should do sth abt dis asap for we can't afford to hav dis depreciation which definitely has negative effect.
Oh sweet lord.. this is disastrous! God have mercy. Phil 4:19
Nawa ooo, which way Nigeria?
And everyone was criticizing sanusi.. We want him back biko
Oh Lord Mk I go change my money now...b4 I go hear stories
Lmao! It's now above Euros....okay nau
Baba presido dey read news at all, abeg we know want this kind change oo
Chai... Mun shiga uku...
Meenah_wakil on instagram
Chai... Mun shiga uku...
Meenah_wakil on instagram
We must persever, with time it will get better. Cos I don't see the sense in importing what can be produced here. Linda take note!
Chai... Mun shiga uku...
Meenah_wakil on instagram
We must persever, with time it will get better. Cos I don't see the sense in importing what can be produced here. Linda take note!
Chai.. it's well with Nigeria
Dis is outrageous.oooopppsss
Buhari at work.......
Buhari at work.......
Hahaha...Nigeria is officially in the one chance ride..
When will Nigeria start moving forward...change where are you?
Hmmm heading for 250 naira per dollar as the pounds used to be. God help us.
part of the Change movement, y'all aint seen shit...
Linda, u sure say dis people get solution to dis dollar - naira. Saga
FIBONNACHI
Please explain how GEJ was trying to build this country. Nigerians forget easily... don't forget this whole dollar thing started with GEJ. Buhari just came into power.. allow the man do his thing please.
Not sending money home.
Please explain how GEJ was trying to build this country. Nigerians forget easily... don't forget this whole dollar thing started with GEJ. Buhari just came into power.. allow the man do his thing please.
Hopefully things will get better - I can only hope :)
Please explain how GEJ was trying to build this country. Nigerians forget easily... don't forget this whole dollar thing started with GEJ. Buhari just came into power.. allow the man do his thing please.
Aboki u r really foolish oh, how can u attribute the current rise in power supply to GMBitch when he's yet to build or commission any power plants? every single supply we enjoy today is down to the power plants built by GEJ in the last year, so get ur facts right and stop giving someone credit for another person's work.
Buhari didn't fix the light, there has been power improvement since the night b4 he got sworn in, and the refineries that will be starting full operation aren't his doings either please take note of that
Noted.
Ck Jacob blog for fiction stories
Change is here indeed
Tnk God 4 dat, in every situation THANK GOD.
a.k.a EDWIN CHINEDU AZUBUKO said..
.
Wetin concern me?....
.
.
***CURRENTLY IN JUPITER***
this is good news for exporters and those who earn their income in forex. The downside is that imported goods would appreciate in value. Customs and immigration must step up their game to discourage smuggling.
Sai baba, sai buhari #wejustdeyobserve
Am not surprised and tomorrow if it changes to 1dollars to #500 I won't still be surprised. You may ask me why, or tell me am an enemy of progress but all I know is nothing has changed about our economy. Therefore, it will be very wrong of anybody who has no foundation in economics to expect naira to appreciate against dollar even when you and I know, that all the items in our houses are imported.
This country is not producing anything aside from oil for export and yet we keep importing. The most annoying thing is imported rice, which carries the largest part of our import. If we still continue this way, it will go far above our imagination.
Check out:Reasons why some girls will remain single for life
Where is Nigeria heading to,241 to $1 is a serious matter. Something need to be done ASAP.
obodo haff spoil
MISSVEE
It's a lie . Dollar to Naira today is 198. Get ur facts well. U Don't cross check nothing before posting. Ur reportage is usually hear say.
Am sure you are uneducated we must start producing before banning other wise you will make like difficult for the masses who feel the pains the rich don't even care.
Alpha and omega, gbese re oo!!!
Alpha and omega, gbese re oo!!!
Alpha and omega, gbese re oo!!!
Alpha and omega, gbese re oo!!!
Sharaaaap and the dollar sky rocketed from 224 to 241 in his ova a month reign very soon e go enta 300. Mumu Apc fanatic
Some people will say it is GEJ's fault forgetting that all these happenings has being following a road map of corruption down the years and only festered under GEJ and is evolving under PMB
Thumbs up, wellsaid
Anon 9:47 am, y are u taking it personal? Abi Buhari is ur grand pa ni, posting d same message several times like a bufoon. Shey u guys wanted Buhari, enjoyyyy..
Buhari did not fix power, aboki stop deceiving yourself
Parents who plan on sending their kids abroad for education this year; would have a rethink.
Na wa oooo 241, na ppls wey dey do business go suffer this one
Wesley dont mind this ignorant Aboki, who is truly an Aboki in all ramification, with his sheep brain, mtchew..
Anon 9:47am,why do u hv to post 4times??
Things are getn worse in naija with pmb,u no know before?
I can explian if you permit me to. But I am sure due to ur block headed brains u wont understand wen I start..cos I wont engage in any endless argument with an olodo.
How much is euro now?
Tell us something we dont know alredy, royal shit hood. Dude be writing rubbish because of end of year give away.
Change:- A DISTANT DREAM...
gbam
thanks Wesley Ike, u said it. some APC blind supporters would argue that their president built the refineries to be commissioned soon when the truth is all was built in GEJ's tenure. APCriminals and their supporters are only good at lying.
gbam
Ode its 241., not 141.. go back to skool and learn ur "abc" and "123".
Thank me later.
CHANGE:- A DISTANT DREAM.
Linda tell me why I should have voted bugari?
What do you know young man? Shut up and go to classes. When men are talking dont come here to talk. With ur skeletal body.
who ever thinks that you will not pass through hard times to enjoy is delusional.All this guys that are praying for PMB to fail. "gerraout" of here in igbo "se eba puo". (hnkume@gmail.com)
Useless change .U see what u guys voted for? u guys would sooo regret it especially the yorubas useless people.Linda abeeg post my comment ooooo
Jesus! , I wonder how much pounds wld b if the dollar is this high
It's so bad.
Jesus christ! This is a very good time for all guy men back home! Sweet!!!
300 naira to $1 is not far sighted..O di egwu ooo!
PMB IS WORKING;GEJ IS LAUGHING..lol!
Oooooooooooh my...!
Is this ur change u av bin hammering since?
What a pity.
Noooooo it's appreciating no be only, mtchweeee
Its so funny, and hilarious when I hear people call PMB baba go slow. Aha! Wht a name to tag d President of ur country.
Nigerians we alwaz criticise. For crying out loud Rome was not built in a day. So fellow Nigerians b patient, and join in rebuilding Nigeria.
Pray 4d needed changes, and development to tak place instead of all dis noise, and negative criticism.
Mine sef
OKORO UPGRADED**
I thought bubu promised Nigerians 1 naira to 1 dollar??…Change is here?
Aboki, keep making excuses for Buhari until Nigeria shuts down completely.
<< LIB Addict >>
It is not disastrous my dear, it is part of the change. Nigeria on auto pilot and y'll making excuses for Buhari. Smh
<< LIB Addict >>
Loooool no mind the fool
Anon you've spoken wisely
Baba boko haram can u hear this? Better do something or........
Useless Buhari
Juliet Iwuno, keep persevering while scores of people are killed daily in Boko Haram attacks.
keep persevering until the Nigerian economy crashes completely.
Keep preservering, just maybe you wake up one day and Nigeria has shut down completely, then you will know....
<< LIB Addict >>
What about people who are going for summer holiday? Mtcheeew!
I just tire for this country, I swear.
<< LIB Addict >>
ow i wish all we LIB readers are given d opportunity to govern dis country jux 4 few yrs den we'll all kw wat it takes 2 b a gud leader............wat PMB nid is prayer nd nut abusive words.GOD bless my country Nigeria
Thank God i get paid in dollars
Shut up Claris David. She is correct! ! You wuldnt know becos u dont deal in dollar! Or do anytin like international transfer etc. Your are poor and ur acct is empty. Dont come here and criticise her after u got your infor by using google. Olodo! Go to ur bank and ask! Thats if u ve a bank acct sef.
some ideas are good on paper, but cannot be practicalized
why should new CBN governor ban importation of 41 items ?
america manufure almost everything you can think of, yet they still import everything from bananas to china baby toys...
Nigeria is not there yet, so why ban importation of stuffs used by a greater majority of the poor populace.
This is a War against the Masses......the masses are gullible .... they are made to vote masses during elections,with promises of Eldorado..
They re conned again.. eeyah!
some ideas are good on paper, but cannot be practical
why should new CBN governor ban importation of 41 items ?
america manufacture almost everything you can think of, yet they still import everything from bananas to china baby toys...
Nigeria is not there yet, so why ban importation of stuffs used by a greater majority of the poor populace.
This is a War against the Masses......the masses are gullible .... they are made to vote masses during elections,with promises of Eldorado..
They re conned again.. eeyah!
some ideas are good on paper, but cannot be practical
why should new CBN governor ban importation of 41 items ?
america manufacture almost everything you can think of, yet they still import everything from bananas to china baby toys...
Nigeria is not there yet, so why ban importation of stuffs used by a greater majority of the poor populace.
This is a War against the Masses......the masses are gullible .... they are made to vote masses during elections,with promises of Eldorado..
They re conned again.. eeyah!
Linda is now ur mate abi? Y not do ur own research first..its obvious u just woke up from coma,if not u will know that 198 a dollar was like 2months ago.
evil men in power
buhari is the man of the year!!!!
Clara Davis, you're right in a sense but wrong also. There's the official CBN rates, the interbank rate, and then the parallel (a.k.a black market) rates. The first two rates are below N200 to $1, and that's because they are largely pegged by the CBN. But you, an individual, can't access dollars at those rates, especially with current CBN "anti-dollarisation" regulations. So, your recourse would be to the parallel market. There, you'll find that $1 = N241
Foolish is you that is expecting Buhari to fix everything in 1 month which Jonathan CNT do in six years
True! But you don't need to insult anyone to make your point.
Exactly! We need to start producing before banning. What provisions have been made to initiate growth in the various sectors in which the ban affects? Nigeria......Everything here is 90%theory, 10% practical. We need people with the experience and the qualifications to help map out a plan to improve our economy.
But you tagged gej clueless?? Double standards....
Liar
That's a rumour.
I laugh @davido'driver
Idiot, u can't get paid in dollar again....such transactions have been ban
abeg how much is pounds
If I may ask,who sent him? Was he not d old clown swearin n makin threats on Christians if he did not win d elections. Plz save ur sermon for sallah.
Clown of d year u meant to say.
like seriously is a welcome development.
Thats good to know..
God bless u dear!!! We should start producing else things would get worse
Ignorant idiots all over the place. If Buhari was wasting our foreign reserves shoring up the naira like GEJ did would you have a nigeria now. It won't stop till it gets to 255, all thiese rascals claiming the ban is affecting the naira should sit down. Idiots importing eggs for christ sake while eggs produced here rot away
ROYAL PRIESTHOOD Thunder fire ur mouth royal... wot where u thinking wen u called Jonathan CLUELESS! was he not the President of ur country then? mtsheeew Hypocrites
£1 is 342 naira. I need to send money home to my people
One pounds is 342 naira
One pounds is 342 naira
Do not worry. What goes up must come down. Very soon it will be $1=N1
A promise is a promise.
too bad, it has to come down
Nawa o, who would have thought the dollar to naira exchange rate today would reach 480. I hope it reduces soon.
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