NewStats: 3,261,570 , 8,174,402 topics. Date: Thursday, 29 May 2025 at 04:50 PM 1m6028

The Naira yesterday depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar exceeding the parallel market rate by N45.15.


Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, indicating N65.66 depreciation for the naira.


Similarly, the Naira depreciated to N1,255 per dollar in the parallel market, from N1,1250 per dollar on Monday.

Consequently, the margin between the parallel market and NAFEM rates widened to N45.15 per dollar from N15.51 per dollar the previous day.

https://www.vanguardngr.com/2024/04/naira-depreciates-to-n1300-in-official-market/amp/

You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Oga naira don enter N1450




Where una dey get una news from sef

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Make i no lie I’m so happy dollar is going back up



Infact nobody happy me and I pray a dollar should hit 10k before august



Has price of goods come down since dollar went from 1900 to 1100?



Since they all claimed to have restocked when dollar was 1900 then make them maintain same price now that dollar is going back like who drink viagra



For some of us earning in dollar since price of niara goods has refused to come down let dollar rise make we gain in dollar

Bloody illiterate how can a currency be 'appreciating' downwards? Who employs you Agbadorians sef? Do they even check your literacy levels? Is this how useless education is in the SW?

To imagine, you and others disgracing yourselves constantly with grammatical blunders and you believe you are exposed?

Guy, go and refresh your wasted years in school, your education was a waste.. haba!

The correct terminology is 'depreciating downwards' .. shameless things..

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Enjoy bro ..

Na Dem hunger wan kill and they will be pushing Propaganda on empty stomachs.

Will they now say it's Peter Obi that caused the $$ to rise?

It shows how they are governed in that Region.. na Propaganda be their food. That is why HUNGER wan kee them.

AqualinaXYZ:



Make i no lie I’m so happy dollar is going back up



Infact nobody happy me and I pray a dollar should hit 10k before august



Has price of goods come down since dollar went from 1900 to 1100?



Since they all claimed to have restocked when dollar was 1900 then make them maintain same price now that dollar is going back like who drink viagra



For some of us earning in dollar since price of niara goods has refused to come down let dollar rise make we gain in dollar

We are going to teach Peter Obi a lesson 😂 Tinubu go favor me 😂 senseless animals were behaving as if it were only obidients that wanted a better and working country .Agbado go suffer curse the day they were born when emilokan is done showing them a town hall different from bulaba ( buhari)

RuggedBiafran:
Enjoy bro ..

Na Dem hunger wan kill and they will be pushing Propaganda on empty stomachs.

Will they now say it's Peter Obi that caused the $$ to rise?

It shows how they are governed in that Region.. na Propaganda be their food. That is why HUNGER wan kee them.

Oga when the economy is bad some people flourish



I’m some people



Imagine selling $20k by February 29th for 38million naira



Only to sell that same $20k two weeks ago for 22million



Don’t tell me the purchasing power reduced



Land wey you buy 10 million when dollar was 1900 is will still be sold 10million when dollar came down to 1100

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

No body is happy, but it's like we told you so

Cardi b was using reserve, holders taught he was doing something nice till the report came out

Note dollar holders are the most educated n exposed Nigerians

RuggedBiafran:
Bloody illiterate how can a currency be 'appreciating' downwards? Who employs you Agbadorians sef? Do they even check your literacy levels? Is this how useless education is in the SW?

To imagine, you and others disgracing yourselves constantly with grammatical blunders and you believe you are exposed?

Guy, go and refresh your wasted years in school, your education was a waste.. haba!

The correct terminology is 'depreciating downwards' .. shameless things..

There is no point trying to correct your ignorance so that I do not help you to be better.

I repeat again, appreciating downwards to N1000.

The context is clear for the educated and ambiguous to the academically challenged.

You can't appreciate downwards
You appreciate upwards..


Chai .

Legendhero
Helinus
Raskimonojendor
Floki
Chopnaira
Slytiger

See how your fellow Agbado reasons...

So shameless...

StOla:


There is no point trying to correct your ignorance so that so that I do not help you to be better.

I repeat again, appreciating downwards to N1000.

The context is clear for the educated and ambiguous to the academically challenged.

Sharp GUY..

Your head get Oil...

Flow with the program and cash out bread...

Let RONU people be looking for Peter OBi news as vitamin supplements to cover hunger..

AqualinaXYZ:



Oga when the economy is bad some people flourish



I’m some people



Imagine selling $20k by February 29th for 38million naira



Only to sell that same $20k two weeks ago for 22million



Don’t tell me the purchasing power reduced



Land wey you buy 10 million when dollar was 1900 is will still be sold 10million when dollar came down to 1100

Ofunaofu:

The Naira yesterday depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar exceeding the parallel market rate by N45.15.


Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, indicating N65.66 depreciation for the naira.

Clap 4 yourself. U r winning. See how u r so happy


Similarly, the Naira depreciated to N1,255 per dollar in the parallel market, from N1,1250 per dollar on Monday.

Consequently, the margin between the parallel market and NAFEM rates widened to N45.15 per dollar from N15.51 per dollar the previous day.

https://www.vanguardngr.com/2024/04/naira-depreciates-to-n1300-in-official-market/amp/

AqualinaXYZ:



Make i no lie I’m so happy dollar is going back up



Infact nobody happy me and I pray a dollar should hit 10k before august



Has price of goods come down since dollar went from 1900 to 1100?



Since they all claimed to have restocked when dollar was 1900 then make them maintain same price now that dollar is going back like who drink viagra



For some of us earning in dollar since price of niara goods has refused to come down let dollar rise make we gain in dollar

At least you do not need to pretend you are a patriot.

See them all creeping out of the obscurity imposed by their shame that the Naira did not fall as they anticipated.

Now they have all found their joy.

RuggedBiafran:
You can't appreciate downwards
You appreciate upwards..


Chai .

Legendhero
Helinus
Raskimonojendor
Floki
Chopnaira
Slytiger

See how your fellow Agbado reasons...

So shameless...

You are academically challenged.

Can currency exchange to a dollar appreciate from 1800 to 1000, as an upward movement?

Is that not a downward appreciation?

Olodo!

StOla:


At least you do not need to pretend you are a patriot.

I no dey pretend anything




I wan make dollar hit 20k before December

AqualinaXYZ:



I no dey pretend anything




I wan make dollar hit 20k before December

Good for you.

We all knew from the onset the emergency lovers of the country.

StOla:


Good for you.

We all knew from the onset the emergency lovers of the country.

Oga this is not magic or what God can do




God can’t do for man what man can do for himself




God don already give us wisdom to elect a credible candidate and leader



So don’t elect a toad and expect toad to jump like kangaroo

AqualinaXYZ:



Oga this is not magic or what can do




God can’t do for man what man can do for himself




God don already give us wisdom to elect a credible candidate and leader



So don’t elect a toad and expect toad to jump like kangaroo

Who is the credible candidate or leader that Nigerians did not elect?

Sowore or the young Professor?

StOla:


Who is the credible candidate or leader that Nigerians did not elect?

Sowore or the young Professor?

Go and ask your grand father

AqualinaXYZ:



Go and ask your grand father

I am happy even you are ashamed to mention someone else than those.

Since you no get shame, at least you get sense.

Generator Republic
.

I told them that naira didn't appreciate naturally, the right things need to be done to keep foreign exchange at a stable level .

No naaaaa!

Where those people wey say I no de wish Nigeria well when I said in 3 months time naira will fall against the dollars 😂😂😂😂 it's barely one month since I made that comment

AqualinaXYZ:



I no dey pretend anything




I wan make dollar hit 20k before December

Will 20k be a enough for you? Why not 100k or 200k ?

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Are you pained that am going to sell mine for so high after you used you mouth to rubbish our choice of currency?

Oya stop crying o

Raise am! raise am!! Raise am!!!

Of what use what dollar price crashing when prices of commodities remain the same

Did you guys met it at N1000?

Move the country from consumption to production, they're not listening. Eventually,
they'll have to come back to what Obi has been saying!

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

You are irredeemable

In fact, this quote is for you and your ilks

"Propaganda does not deceive the people; it merely helps the APC, Tinubu, those working with him, his apologist to continue to deceive themselves."