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Naira Rises To ₦‎1,490/$ In Parallel Market - Business (2) - Nairaland 605d1b

Naira Rises To ₦‎1,490/$ In Parallel Market (8860 Views)

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shortIGBOman: 7:59am On Feb 27
abc115:
God Bless President Bola Tinubu

God Bless Federal Republic of Nigeria

God bless Tinubu for what? For destroying Nigerian economy? You need serious beating aswear

2 Likes

Salebo: 8:00am On Feb 27
baconline:
He finally has started backing the naira with our reserve.this should never have stopped in the first place. Floating the naira is the biggest mistake of this istration

SHUT UP your IGNORANT mind...

FOOOLS!

3 Likes 1 Share

JoshTim: 8:00am On Feb 27
shortIGBOman:
After Tinubu used 8 billion dollars to it. What is there to celebrate here? Tinubu is clueless.

You are the clueless one...so what is the source of the 8billion....from FX reserve?....for your info the FX reserve is on a 3 year high.

3 Likes 1 Share

shortIGBOman: 8:00am On Feb 27
baconline:
He finally has started backing the naira with our reserve.this should never have stopped in the first place. Floating the naira is the biggest mistake of this istration

What do you expect from a clueless Government
cr7lomo: 8:01am On Feb 27
Oblongata:
Things are looking good! The country is repositioning for greatness!! Nigeria shall rise again and favour us all!!!

It also dropped to 1100 around this time last year around easter from 1800 ....

1 Like

chinchum(m): 8:02am On Feb 27
post=134315680:


Source: https://www.vanguardngr.com/2025/02/naira-rises-to-n1490-in-parallel-market/
something as basic as correctly reporting a decrease of 1 naira and 20 kobo is hard for Vanguard. 1,501 to 1,499.80

1 Like

NothingDoMe: 8:03am On Feb 27
AmazingELixir:
wink

Somebody should wake me when the Naira appreciation starts affecting the soaring cost of commodities.
Budget was pegged at N1500 so go figure. 😁
Salebo: 8:03am On Feb 27
shortIGBOman:
After Tinubu used 8 billion dollars to it. What is there to celebrate here? Tinubu is clueless.

MORONN!!!!!!

It's is economically ETHICAL to your currency...

ing is VERY DIFFERENT from defending..

MORONN!!!!!!!

1 Like

adioolayi(m): 8:04am On Feb 27
JASONjnr:


This economy crisis is a global one.... But Nigerians always point fingers to it's leaders......

Simply because they refused to sub their DSTv to see global news.

What kind of gaslighting comment be this

Are you still massaging the egos of these leaders with all that's happening


Na wa o

1 Like

shortIGBOman: 8:04am On Feb 27
JoshTim:


You are the clueless one...so what is the source of the 8billion....from FX reserve?....for your info the FX reserve is on a 3 year high.


Reserve was over 40b before your incompetent Tinubu took over 2 years ago. Tinubu with his clueless economy team depilated it. There is nothing to celebrate here. They are now doing the same thing Emefele was doing when the economy was good.

Useless people

2 Likes

adioolayi(m): 8:06am On Feb 27
baconline:
He finally has started backing the naira with our reserve.this should never have stopped in the first place. Floating the naira is the biggest mistake of this istration

The same reserve that has grew to over $40B

https://www.google.com/amp/s/thenationonlineng.net/nigerias-foreign-reserves-hit-40bn-as-cbn-strengthens-forex-market/amp/

1 Like

porthouse7(f): 8:08am On Feb 27
AmazingELixir:
wink

Somebody should wake me when the Naira appreciation starts affecting the soaring cost of commodities.
prices are coming, except you are too broke and you don't buy things regularly
Hellisreal70: 8:08am On Feb 27
Abeg somebody should let me know when ever naira to dollar rate returns back to 2015 rate
chidiokay: 8:09am On Feb 27
Can whoever stop these daily update, its becoming nauseating

posting daily is like a call to speculators/ enemies of Nigeria to wake up n do what they do best
Putindbutt(m): 8:09am On Feb 27
baconline:
He finally has started backing the naira with our reserve.this should never have stopped in the first place. Floating the naira is the biggest mistake of this istration
STFU and stop saying nonsense. Mumu haters
shortIGBOman: 8:10am On Feb 27
Salebo:


MORONN!!!!!!

It's is economically ETHICAL to your currency...

ing is VERY DIFFERENT from defending..

MORONN!!!!!!!


Why did your incompetent Tinubu float the dollar in the first place, when he know he will end up ing it with our external reserve?

I repeat, Tinubu and his economy team are clueless. A primary 5 student will manage this economy better than them
porthouse7(f): 8:10am On Feb 27
happney65:
Where he rise? I was still charged 1600 yesterday. Eyin oniro oshi. undecided
aboki robbed you, it was 1501 yesterday at airport hotel

2 Likes

Eriokanmi: 8:10am On Feb 27
It should appreciate to where tinubu met it first. Then he can improve on that and we can appraise him based on that. He caused the free fall of the naira by floating it. The ripple effect had left a great impact on our economy negativity. Tinubu has really destroyed Nigeria. But God owns Nigeria.

1 Like

mightyhaze: 8:12am On Feb 27
JASONjnr:


This economy crisis is a global one.... But Nigerians always point fingers to it's leaders......

Simply because they refused to sub their DSTv to see global news.
so your thieving clueless leaders are without blame?
30k wonder grin

1 Like

regenerateman(m): 8:12am On Feb 27
We are in for it. Those guys are seriously defending the naira. The rise in naira in never as a result of productivity, but are as a result of CBN pumping money in the forex market. This will have adverse effect on our foreign reserve. May God help us in this country.
mightyhaze: 8:14am On Feb 27
adioolayi:


What kind of gaslighting comment be this

Are you still massaging the egos of these leaders with all that's happening


Na wa o
What 30k stipend cannot do does not exist
femi4: 8:14am On Feb 27
post=134315680:


Source: https://www.vanguardngr.com/2025/02/naira-rises-to-n1490-in-parallel-market/
Take us to N900 or less. That's where you met it
Salebo: 8:14am On Feb 27
shortIGBOman:



Why did your incompetent Tinubu float the dollar in the first place, when he know he will end up ing it with our external reserve?

I repeat, Tinubu and his economy team are clueless. A primary 5 student will manage this economy better than them

I am ashamed that you are Igbo..just regurgitating your INTELLECTUAL USELESSNESS..

KITIKPA DORWARKWA IKPU ASHAWO NNE GI..

So you think that the strength of a currency is exclusive to the general economy of a nation

Thunder piapukwa nne gi is!
flyinnizam(m): 8:14am On Feb 27
JASONjnr:


This economy crisis is a global one.... But Nigerians always point fingers to it's leaders......

Simply because they refused to sub their DSTv to see global news.
i hope u and all ur family are enjoying Nigeria sha
spiSeyi: 8:17am On Feb 27
The same happened early 2024 but we all know how it ended grin grin .. it's normal for OPEC to earn more from Jan- March because of high crude produce and demand. I will only accept this as development if the momentum is sustained till May ending when the crude is likely to fall. We need a diversified and sustainable economy not this wuruwuru and autopilot grin cheesy

2 Likes

shortIGBOman: 8:18am On Feb 27
Salebo:


I am ashamed that you are Igbo..just regurgitating your INTELLECTUAL USELESSNESS..

KITIKPA DORWARKWA IKPU ASHAWO NNE GI..

So you think that the strength of a currency is exclusive to the general economy of a nation

Thunder piapukwa nne gi is!


Yoruba man is claiming to be Igbo. Using Google translator doesn't make you Igbo. Stick to your ewedu republic.



However, I no be Igbo.
Tinubu still remain the worst President Nigeria ever had.

1 Like

Putindbutt(m): 8:19am On Feb 27
shortIGBOman:



Reserve was over 40b before your incompetent Tinubu took over 2 years ago. Tinubu with his clueless economy team depilated it. There is nothing to celebrate here. They are now doing the same thing Emefele was doing when the economy was good.

Useless people
Dullard, Stop your lies and keep deceiving yourself.Buhari is supposed to be in jail with Emefiele. Tinubu just dey pity Bubu.

1 Like

Putindbutt(m): 8:21am On Feb 27
spiSeyi:
The same happened early 2024
When speculators like you were roaming mad on payment platforms.
surgical: 8:21am On Feb 27
JASONjnr:


This economy crisis is a global one.... But Nigerians always point fingers to it's leaders......

Simply because they refused to sub their DSTv to see global news.
you are very uninformed

1 Like

SalamRushdie: 8:21am On Feb 27
Salebo:


MORONN!!!!!!

It's is economically ETHICAL to your currency...

ing is VERY DIFFERENT from defending..

MORONN!!!!!!!

ing is different from defending ? You are just too shameless 😅😅 zero shame of a human

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