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Naira Appreciates To N1,512/$ In The Black Market - Business - Nairaland 10605p

Naira Appreciates To N1,512/$ In The Black Market (5979 Views)

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UDOKABESTLUV(m): 8:05am On Mar 07
The Naira yesterday appreciated to N1,512 per dollar in the parallel market from N1,515 per dollar on Tuesday.

However, the Naira depreciated to N1,505 per dollar in the Nigerian Foreign Exchange Market (NFEM).

Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,505 per dollar from N1,502 per dollar on Tuesday, indicating N3 depreciation for the naira.

Consequently, the margin between the parallel market and NFEM rate narrowed to N7 per dollar from N13 per dollar on Tuesday.

Source: https://www.vanguardngr.com/2025/03/naira-appreciates-to-n1512-in-parallel-market/

2 Likes 2 Shares
UDOKABESTLUV(m): 8:05am On Mar 07
When Will Dollar Fall To 1,000Naira For 1 $ 😢

10 Likes 2 Shares
free2ryhme: 8:34am On Mar 07
UDOKABESTLUV:


Source: https://www.vanguardngr.com/2025/03/naira-appreciates-to-n1512-in-parallel-market/


There was a time it was N450 and less to a dollar. This istration destroyed the economy

18 Likes

nony43(m): 8:35am On Mar 07
Cardi B always playing with our Economy.

7 Likes 1 Share
Racoon(m): 8:35am On Mar 07
Marginal appreciation. Still not out of the woods yet.

8 Likes 1 Share
Elvis2kay: 8:35am On Mar 07
Na true say Doyin Okupe don waka?? according to sahara reporter

3 Likes 1 Share
bewisemasses: 8:35am On Mar 07
Wow. Nigeria is getting better. The sky is our starting point
AdamuKD: 8:36am On Mar 07
grin
Appreciating or depreciating?
How much is dollar to naira when the idiot took office?
You can only deceive your senseless and foolish followers not intelligent people like me

15 Likes 2 Shares
elasticlala: 8:36am On Mar 07
Liars

1 Like

dgitrader(m): 8:37am On Mar 07
I think 950 is best for the naira. Till then, fingers crossed. It will never be well Buhari and his goons. They do Nigeria dirty.
May Tinubu succeed. Nigeria can't afford further colossal regime like buhari

5 Likes

Quelme: 8:37am On Mar 07
Tinubu is working...
MichaelSokoto(m): 8:37am On Mar 07
Shame!
sometin dat was less than #200 during PDP reign!

dis demonic APC party ppl no dey fear God!
undecided

15 Likes 2 Shares
Jmarjr(m): 8:38am On Mar 07
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry

5 Likes

Naturalgbola(m): 8:39am On Mar 07
The exchange rate was #120/1$ when awon oloriburuku oloshi omo asewo gbogbo took over. Cheap propaganda.

8 Likes

AdamuKD: 8:40am On Mar 07
Quelme:
Tinubu is working...
Another zombie on the loose

4 Likes

hafeeanubasy: 8:41am On Mar 07
I hate seeing Naira dollar news on front page .....


What is the aim




Are you alerting speculative or what?

3 Likes

Ojuntana: 8:42am On Mar 07
Naira was N216 in 2015

This is a massive shame from those who promised change

5 Likes

illuminutty: 8:46am On Mar 07
This same Naira in this same Black Market?

Propaganda no Dey ever Taya APC

10 Likes

galserv: 8:46am On Mar 07
Pigs and speculators won't like this
VaginaAcademic: 8:48am On Mar 07
Oga no dey post this 10 10 naira appreciation and depreciation rubbish again

8 Likes

Ojuntana: 8:48am On Mar 07
hafeeanubasy:
I hate seeing Naira dollar news on front page .....


What is the aim




Are you alerting speculative or what?
Yes na. You will hate it since it exposes the incompetence of your political god
Wimkeh(m): 8:49am On Mar 07
Why is your currency moving like crypto? This doesn’t do anything for the economy. Posting news like this does absolutely nothing for the economy.

5 Likes

maxtop(m): 8:51am On Mar 07
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢



Not in this T-PAIN ERA ...and I guess not in our lifetime. I say this because those heartless have started breeding bunch in looters to take over from them when they eventually get old. A good example is a recent video of Seyi Tinubu dancing and a local musician from the north eulogizing his name.


It breaks my heart seeing this happening, but it is well sha !!

2 Likes

PerfectStranger(m): 8:51am On Mar 07
Jmarjr:
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry
Hi bro,can you please put me through whatever you do online to make money?
hafeeanubasy: 8:52am On Mar 07
Ojuntana:

Yes na. You will hate it since it exposes the incompetence of your political god
What is this mumu saying? 😆

Try and make sense to yourself first!

1 Like

Sleekfingers: 8:53am On Mar 07
dgitrader:
I think 950 is best for the naira. Till then, fingers crossed. It will never be well Buhari and his goons. They do Nigeria dirty.
May Tinubu succeed. Nigeria can't afford further colossal regime like buhari



It will still drop to below 500 naira
Addme: 9:00am On Mar 07
Sleekfingers:




It will still drop to below 500 naira
Lol. This won't happen in the nearest future.

2 Likes

nwirinedu(m): 9:04am On Mar 07
Until it drops below 600 dont it is rubbish, figure skating is not fact.

2 Likes

Zackattack: 9:08am On Mar 07
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢
When you stop asking this question every time you create this type of topic.
id4sho(m): 9:21am On Mar 07
Jmarjr:
SAMe dollar i bought at 1559 yesterday on bybit? grin shocked angry
Those online biz are expensive right from time
oilyngbati(m): 9:22am On Mar 07
UDOKABESTLUV:
When Will Dollar Fall To 1,000Naira For 1 $ 😢
When you get your bia.fraud

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