The rate at the Importers and Exporters Window was, however, N415.75 on Monday, widening the exchange rate spread to N184.25.
“If I reduce this by N1, I will not be able to make any profit,” one of the two BDCs, Abu Abdullahi, said. A BDC operator at Amuwo-Odofin in Lagos, Bala Usman, gave an initial rate of N598/$ in the morning but changed to N599 at 2.53pm when contacted.Naira has weakened in the parallel market due to increased speculations, falling external reserves, and low foreign exchange inflows into Africa’s biggest oil producer.
Politics is also a key factor, as experts see politicians mopping up dollars for election primaries this month.The PUNCH
Unimaginable who did this to us.🤔
Change! Change!! Change!!!
And emefiele is buying presidential form... Dollar hitting 600... No be juju be dis
Ahhhhhhh!😪
Aboki Express is the problem. Mumu government.
Point of correct; naira has depreciated to 600/$1 in the parallel market. Dollar remains the same while naira keep declining because we have clueless persons and as leaders and still ready to allow same into offices come 2023.
It'll still get worse. After all 2023 is around the corner.
Hallelujah
rahola007 see this
Blame qboki fx , APC miscreant
We can now see why a lot of people will have heart attack. More to come........
Lmao 🤣 them say na AbokiFX dy manipulate am funny people
Going to 1k soon
Party primaries fast approaching 🔥🔥
Meffy is preparing to be president. His boss, is clueless as to happenings. Ride on Meffy, we must sink this corntree.
Wow! My bureau de change chop my 5 naira yesterday. I changed it 595.
Interesting.
Emefiele must resign or we see dollar at 1000 naira before Year run out
This government should be ashamed of themselves but they won't. Someone will come out to defend this their error. They'll come out and say no that what you see that is black is not black is white.
Sai Baba For Life
Abokifx is to blame. Abokifx why?.
I thought the federal gov't and emefiele said the naira was losing value because of aboki fx?
How did APC, Buhari, Emefiele take the dollar from N216 to N600 in 7 years? Same APC is still in strong contention to win elections in Nigeria? If Nigerians were serious, APC is meant to be treated like the failed party it is!
Anybody defending this APC government is a big fool
And cenbank thinks he’s doing a great job. What a dullard
😳 wtf Omo b like say I go just postponed my trip to this country respond 😡😡😡😡😡
Hmmm Omo this is serious
Is going to 1,000 soonest
GodwinIEmefiele is busy with his presidential ambition. I wonder who these people listen to.
When one person dey loot 80b on top borrowed funds. Multiply it by 20, cuz e sure me die say no be only him dey run that kind shit.
E don beta dis way. This APC govt don try well well. Make $ dey grow, naira dey die, Nigeria dey die, education dey die, economy don die tey tey, everything don scatter. APC....kai
Wahala
Emefiele favouring northern forex dealers. He lost economy management for his political ambition. Sorry case for Nigerians
Na wa O. Where are we going 🤦🏾♂️
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