The naira extended its decline on Monday, sliding to an all-time low of 527 against the dollar at the parallel market.
The local currency, which has been on a downward trend in recent weeks, fell to 524 against the greenback on Friday from 522/$1 on Thursday. At the Investors and Exporters’ window, the naira, however, strengthened to 411.63/$1 on Monday from 412/$1 on Friday, according to FMDQ Group. The naira had strengthened to 506/$1 on August 4 after plunging to 525/$1 at the parallel market on July 28, a day after the Central Bank of Nigeria stopped foreign exchange sales to Bureaux de Change.
The CBN Governor, Mr Godwin Emefiele, had on July 27, at the end of the Monetary Policy Committee meeting, announced the stoppage of forex sale to the BDCs, saying they had turned themselves into ‘agents that facilitate graft and corrupt activities of people who seek illicit fund flow and money laundering in Nigeria.’All rights reserved.
Thank you buhari and APC. We are heading to 670 very very soon.
Free fall due to gravity!! Congratulations to OfficialAPCNg congratulations to MBuhari
What Buhari can not destroy does not exist
Shey the LIERS of the Century said the NIGERIAN Economy is Growing just this same, today? Thank God For Technology ooo my People.
Sai baba
Shameless Fulani goats. Britain 🇬🇧 is Esau !
With illiterate and halfwits leadership in Korea, Naira will fall to 1000 against dollar
Some shameless being still find it easy to support this failure, cluelessness nepotism and wickedness.
You know you have failed completely when the people stop complaining of your failures.
😭😭😭😭😭😭😭😭😭
Pmb is working
Total failure. Failed economic policies.
Sai baba. Sai Mumu
All of Mefty’s shenanigans were a charade
DoctorEmto Thank you Buhari.
Farewell Nigerian Naira !!!
Before December, it’s gonna rise to 1,000. Nigerian is shameless
CBN sell the gold reserve to save rapid decline of naira purchasing power!!
This isn't news tho but the funny thing is, the day d Naira will jump back to 500 this administration and their stooges will stress it as a progress the media won't hype. Let's not forget whr they met the Naira before killing it to this level
All those people that voted for Buhari twice..... do they not exist anymore? Awon werey
From top to bottom. Many thanks to GMB baba crawling
Bubu is working, 1 naira will be 1 dollar.😂😂😂😂
Thanks to MBuhari ProfOsinbajo OfficialAPCNg
Na BUHARI Dem dey called take them everything, give them nothing. This clueless coup plotting tyrant has completely finished us in this country. Half of plateau, kaduna state has been highjacked by bandits and herdsmen. Woeful economy Lopsided government policies. Everything
More falling still counting till 780 be4 2023
Buhari has finish us
Sai Baba..
This is say baba.
The agenda is to destroy the economy.
Worst policies from the apex bank these days due to incompetent leadership make us suffer continuously. Only a few selfish & currupt individuals seem to benefit from such, it's unfortunate 😐
Let it keep falling Cows in the government don't know anything about forest trading and market value, They all know how to borrow, lie, sponsor terrorist and embezzling the borrowed money, What a shameful country Fuck the shit
Buhari is incompetent & those who don't learn from history are doomed to repeat it. Take the exchange rate for example: 1982: $1 to N0.64k Buhari: 1983-1985: $1 to N2.02 2014: $1 to N196 Buhari: 2015-2021: $1 to N527 Buhari's ONLY goal is to make Nigeria Fulani Land. By force.
zooinshambles
they’ve been printing naira & sharing among themselves & using it to bribe idìots to not support their peoples freedom… if you’re tired of suffering & fulani jihadíst murdèrs support oduduwa biafra middlebelt
HODL not NFA
Sai Baba🖐️+🖐️
Nawoooo, na everything this naira dey fall self try make u dey wear parachutes.
It will shortly be 600. Buhari is gifted to deliver.
Naira will still drop as low as N1000 before December. nosivad
Not news anymore. It falls every damn time. The note on the ground fears not fall because it's down already.
Make we just sell this country, everybody don tire 😪
Lobatan...