Pls help me click on the link below so I could be able to cover my needs in school,am begging for a click or tap from wonderful Sdkers, thank you all. http://dollartab.com/?ref=16796ful
Almost everyone get dollars from the parallel market..
In fact everyone gets from Parallel market. And it will still skyrocket if cbn doesn't start giving them dollars
The best thing for Cbn to do now is to start giving Bureau the change money but give then a fixed price they should be selling
Tell them not to sell more than so so amount since their annoyance was that Bureau the change was making too much money from it..
Because if they don't start giving them dollars, trust me it will get to 500 naira per dollars
And yes emeliefe should be sacked And Buhari should surround himself with sound economist
Ever wondered why obasanjo worked with ngozi iweala?? Because she was damn good at her job.. Even sanusi and soludo where good but this emeliefe knows nothing
FOOLS with myopic brains! How did he cause it? If only you IDIOTS can see beyond your noses, you will know that for a seed to germinate, it will first die and bring out a new root! Naira will soon rise again! Some measures are being put in place to check money laundering and useless/ frivolous spendings! WATCH OUT!
Nope If someone sends western Union to you You wouldn't see shishi Because bank will give you at their rate. And not Parallel market rate
If it was before that bank will give you in the currency that it was sent and you change at malam that is when you would have seen money
But now, bank will give you in naira and their own price not malam price.. So it's almost same thing the person sends abroad is what you will get as that is the registered amount
Who still uses western union? My brother pays directly into my account, I get the NAIRA equivalent. Last week it was at 280 to a dollar. He sends me $150 every month. At #300, I will get 45k! YIPEEE!
Please even with direct bank you can't get it that way stop lying..
If your brother sends 100 dollars to your account, it will automatically convert to the standard bank rate. Only parallel market has that price you mentioned.
Please I am not lying anonymous 17:18. I receive alert whenever he pays.
Anonymous16:15, I use first bank. He has my account number.
He said, there are legit agencies that he pays dollar into their account, they will convert it to the current exchange rate and their partners in Nigeria will pay the Naira equivalent immediately to my account. It happens within hours or a day, depending the time he pays.He said by monday, it will be 282.
Na so we see am... I heard it will still go up cos that aboki in the top is not doing anything about it... Nigerians should be ready for this years hardship!...
Date Currency Buying(NGN) Central(NGN) Selling(NGN) 1/29/2016 US DOLLAR 196 196.5 197 POUNDS STERLING 280.3388 281.054 281.7691 EURO 213.9732 214.5191 215.0649 SWISS FRANC 193.332 193.8252 194.3184 YEN 1.6494 1.6536 1.6578 CFA 0.3062 0.3162 0.3262 WAUA 270.0125 270.7013 271.3901 YUAN/RENMINBI 29.8022 29.8787 29.9551 RIYAL 52.2263 52.3595 52.4927
So CBN sells to banks @197 and banks sells to BDC probably @ 220 and BDC sells to to people at 340. The BDC are being so expensive because so many bank managers and directors own one or two BDC. The bank is refusing to sell dollars to importers and exporters because they are not making so much profit from them like they do when they sell to BDCs.
CBN refusing to sell dollars to BDCs will not solve this inflation problem. Monitoring the price is what is important. I shopped online recently and was charged N235 against Dollar.banks should be held responsible for withholding the dollar with us and making it available to BDC.
The only sensible comment here, not from the idiots who have never even seen dollars in their life but cursing the president. He is only trying to sanitize an already corrupt system, let's give him time. I remember in 2004 when I gained admission in the Uk, the only thing I needed for a bank to change my Naira was my visa. But now even if you have a valid student visa and an account with them they will ask you to go to a BDC, why? Cause most of them own the BDC. May God make it better for Nigerians Amen.
I hav no business with dollar but I just want to ask. Since d banks are changing @ a lower rate,why can't Ppl go directly to deir banks instead of using d BDC's? Won't it b cheaper doing ur transaction directly with the banks.
Bdc wasn't selling this high when they were getting money from cbn
It easy when they had to source for their dollars that they sky rocketed
Bdc was selling about 230-250 last year when they were still getting dollars
This 300 naira for dollars started when they were asked to source for their dollars and really where should they hey dollars.. It's hard for them to get dollars since they have been cut of directly from their source
It wills till go higher as long as they are the ones sourcing for their money
Then again ask the bank why they charged you 235 after shipping online. Weren't they suppose to charge you their normal bank rate which is at 199?? All this people are scammers please..
@ anonymous12:10, the bank refuses to sell to people because their ogas own BDCs where they make lots of profits. @anonymous12:54, there is no country in the world that CBN sells currency to BDC's. BDC's source for their own funds independently. Because soludo started it does not make it right. Monitoring and regulation is still what we need for this exchange rate to come down. When CBN start checkmating the banks and regulating the price of dollars in the parallel market the better for us. Yes each online shop have their standard exchange rate. When dollar was 198 in the parallel market Amazon was billing @ 160 and my bank was deducting the naira equivalent of 160.
Yes @ Nky I actually copied the exchange rate of CBN from their website so dat I won't be making an assumption. I love working with facts. Are we good now. Move ahead OK.
Buhari is definitely a wrong choice. Our economy is now on a nosedive. very soon naira will be worthless, tissue paper will have more value than naira.
No b una want change, dem say gej was clueless. pmb is the inventor of clueless, his is on another level. This is not the change I envisaged. Who has pounds to daaaash me oooooo!
Nigerians be ready for this year's hardship....that's the change and that aboki up there spends more time outside his country than he does here. Very insensitive to the wailing of its citizens..
Even banks don't sell dollar at 199, d last transaction I did some weeks bck directly frm my acct, it was 285 and I checked a bank s website abt 2 days ago nd it was around 285, so where is d 199 coming from?
Wait! Did baba really say that? All this time I thought it was just a mockery of his ostentatious campaign. $1=N1 in 100days. Baba maa wa delusional gan ke.
If they had listened to soludo that time he asked for us to make naira great, all this won't be so bad now..
He asked that we make the highest currency 50 naira or 100 naira but put more value in it...
So that 100 naira might equal 5000 naira for example which was what Ghana did but everyone kicked against it
Now we are in trouble and their is no way out for now until oil price magically goes up. Because we can't start manufacturing all we have been importing in 4yrs
It's not possible
We can't start diversifying and expect returns now. Returns would be in the next 2-3 yrs
What else should we expect when the coordinating minister for economy is a lawyer ( Prof. Yemi Osinbajo)...#change....the loyal Buharists see nothing wrong...
I tot partof buhari's campaign promise was to make dollar eqv to d naira? This is bringing untold hardship in the lives of nigerians.What do u buy?How much can u sell to make ur turn over? Hian
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Buhari well done oh!
ReplyDeleteWho told you Buhari had a hand in it?
DeleteCHANGE
DeleteAPC "chain"
Delete@SDK... Seize the this opportunity by sending money home
500 USD is about 200k plus
@Galore
Pls help me click on the link below so I could be able to cover my needs in school,am begging for a click or tap from wonderful Sdkers, thank you all. http://dollartab.com/?ref=16796ful
DeleteSuch is life.
ReplyDeleteThat CBN governor needs to be sacked
ReplyDeletePlease that bank rate don't work nada
DeleteAlmost everyone get dollars from the parallel market..
In fact everyone gets from Parallel market. And it will still skyrocket if cbn doesn't start giving them dollars
The best thing for Cbn to do now is to start giving Bureau the change money but give then a fixed price they should be selling
Tell them not to sell more than so so amount since their annoyance was that Bureau the change was making too much money from it..
Because if they don't start giving them dollars, trust me it will get to 500 naira per dollars
And yes emeliefe should be sacked
And Buhari should surround himself with sound economist
Ever wondered why obasanjo worked with ngozi iweala?? Because she was damn good at her job.. Even sanusi and soludo where good but this emeliefe knows nothing
Really nothing
You know all these and you are still here typing comments. Dullard
DeleteS/he's not a dullard!
DeleteCrazy leader! God punish him for his insensitivity to the cry of the masses... And may the heavens be sealed to his own cry as well. Wicked man!
ReplyDeleteAmen!...
DeleteFOOLS with myopic brains!
DeleteHow did he cause it?
If only you IDIOTS can see beyond your noses, you will know that for a seed to germinate, it will first die and bring out a new root! Naira will soon rise again! Some measures are being put in place to check money laundering and useless/ frivolous spendings! WATCH OUT!
It is your whole family that are all fools anon13.56. Keep watching and leave others to their opinions. Low life...
DeleteI love this Euro own. Make i go change this 50 euro wey i hold since.
ReplyDeleteNa today
ReplyDeleteWere don suffer for naija
ReplyDeleteWe
DeleteIf person wire me pounds now, my own don better.
ReplyDeleteNope
DeleteIf someone sends western Union to you
You wouldn't see shishi
Because bank will give you at their rate.
And not Parallel market rate
If it was before that bank will give you in the currency that it was sent and you change at malam that is when you would have seen money
But now, bank will give you in naira and their own price not malam price.. So it's almost same thing the person sends abroad is what you will get as that is the registered amount
Lol...see as this anon just spoil my mind. Thanx though
DeleteWho still uses western union?
DeleteMy brother pays directly into my account, I get the NAIRA equivalent. Last week it was at 280 to a dollar. He sends me $150 every month. At #300, I will get 45k! YIPEEE!
Which bank are you using and how did he pay directly to your account. Because western unions have been chopping my money since
DeletePlease even with direct bank you can't get it that way stop lying..
DeleteIf your brother sends 100 dollars to your account, it will automatically convert to the standard bank rate. Only parallel market has that price you mentioned.
Stop lying
Please I am not lying anonymous 17:18. I receive alert whenever he pays.
DeleteAnonymous16:15, I use first bank. He has my account number.
He said, there are legit agencies that he pays dollar into their account, they will convert it to the current exchange rate and their partners in Nigeria will pay the Naira equivalent immediately to my account. It happens within hours or a day, depending the time he pays.He said by monday, it will be 282.
Nigeria my country
ReplyDeletePlease what is parallel rate all about?
ReplyDeleteParallel rate is Bureau the change
DeleteYou know banks don't give dollars
Only mallams
Everybody change their money with mallam
So that bank rate doesn't make any sense. Been that, that isn't what people get dollars for..
And they were 'sai-ing' Baba.. :(
ReplyDeleteIt's not his fault na
DeleteIt's my fault @The Observer
DeleteEnd time currency
ReplyDeleteThe rate at which the Naira is depreciating is just too alarming.
ReplyDeleteOleku ooh
ReplyDeleteE go better...
ReplyDeleteNa so we see am...
ReplyDeleteI heard it will still go up cos that aboki in the top is not doing anything about it...
Nigerians should be ready for this years hardship!...
Your English needs a review
DeleteIlliterate
DeleteDis change dey promised us is a change of destruction. I no come get person wen dey send me money from abroad hmmmm na wa o
ReplyDeleteCBN Exchange Rates
ReplyDelete Export Exchange Rate Results to Excel / CSV
Date Currency Buying(NGN) Central(NGN) Selling(NGN)
1/29/2016 US DOLLAR 196 196.5 197
POUNDS STERLING 280.3388 281.054 281.7691
EURO 213.9732 214.5191 215.0649
SWISS FRANC 193.332 193.8252 194.3184
YEN 1.6494 1.6536 1.6578
CFA 0.3062 0.3162 0.3262
WAUA 270.0125 270.7013 271.3901
YUAN/RENMINBI 29.8022 29.8787 29.9551
RIYAL 52.2263 52.3595 52.4927
So CBN sells to banks @197 and banks sells to BDC probably @ 220 and BDC sells to to people at 340. The BDC are being so expensive because so many bank managers and directors own one or two BDC. The bank is refusing to sell dollars to importers and exporters because they are not making so much profit from them like they do when they sell to BDCs.
CBN refusing to sell dollars to BDCs will not solve this inflation problem. Monitoring the price is what is important. I shopped online recently and was charged N235 against Dollar.banks should be held responsible for withholding the dollar with us and making it available to BDC.
The only sensible comment here, not from the idiots who have never even seen dollars in their life but cursing the president. He is only trying to sanitize an already corrupt system, let's give him time. I remember in 2004 when I gained admission in the Uk, the only thing I needed for a bank to change my Naira was my visa. But now even if you have a valid student visa and an account with them they will ask you to go to a BDC, why? Cause most of them own the BDC. May God make it better for Nigerians Amen.
DeleteI too like you.
DeleteI hav no business with dollar but I just want to ask. Since d banks are changing @ a lower rate,why can't Ppl go directly to deir banks instead of using d BDC's? Won't it b cheaper doing ur transaction directly with the banks.
Delete*From*
DeleteBdc wasn't selling this high when they were getting money from cbn
DeleteIt easy when they had to source for their dollars that they sky rocketed
Bdc was selling about 230-250 last year when they were still getting dollars
This 300 naira for dollars started when they were asked to source for their dollars and really where should they hey dollars.. It's hard for them to get dollars since they have been cut of directly from their source
It wills till go higher as long as they are the ones sourcing for their money
Then again ask the bank why they charged you 235 after shipping online. Weren't they suppose to charge you their normal bank rate which is at 199?? All this people are scammers please..
Anon 12:10
DeleteNo you can't go to the bank because banks don't give dollars to individuals
For you to apply for dollars in the bank, that means you want to pay school fees abroad or import oil
But you can't walk into the bank and tell them you want to change 1m because you want to buy market in China, UK or USA
They won't give you
Infant banks don't give dollars. It's as simple as that
That is why everyone gets its from mallams
Anonymous 12:10 that's where the problem is. The bank will direct you back to BDC
Delete@ anonymous12:10, the bank refuses to sell to people because their ogas own BDCs where they make lots of profits.
Delete@anonymous12:54, there is no country in the world that CBN sells currency to BDC's. BDC's source for their own funds independently. Because soludo started it does not make it right. Monitoring and regulation is still what we need for this exchange rate to come down. When CBN start checkmating the banks and regulating the price of dollars in the parallel market the better for us. Yes each online shop have their standard exchange rate. When dollar was 198 in the parallel market Amazon was billing @ 160 and my bank was deducting the naira equivalent of 160.
Copy and paste naa amaka
DeleteAPC!!! SHAME
DeleteDarkness before dawn
DeleteWorse before it get better
Yes @ Nky I actually copied the exchange rate of CBN from their website so dat I won't be making an assumption. I love working with facts. Are we good now. Move ahead OK.
DeleteGod have mercy on us!!!
ReplyDeleteEnd time currency
ReplyDeleteBuhari is definitely a wrong choice. Our economy is now on a nosedive. very soon naira will be worthless, tissue paper will have more value than naira.
ReplyDeleteNo b una want change, dem say gej was clueless. pmb is the inventor of clueless, his is on another level. This is not the change I envisaged. Who has pounds to daaaash me oooooo!
DeleteIt is well
ReplyDeleteBuhari see what is going on?
ReplyDeleteyour promise and fail has landed this country into problem
God save us oooo
ReplyDeleteBad news...
ReplyDeleteNa waah
ReplyDeleteAnd all the president does is to travel from one country to the other he won't sitdown and think of how to make things easy for the masses.
ReplyDeleteNigerians be ready for this year's hardship....that's the change and that aboki up there spends more time outside his country than he does here. Very insensitive to the wailing of its citizens..
ReplyDeleteDollar is actually 307
ReplyDeleteNawah oh! Here I am thinking it was 199,hmmmm,so dollar is just 304? Hmmmm
ReplyDeleteIf you can get in the bank it's 199.
DeleteEven banks don't sell dollar at 199, d last transaction I did some weeks bck directly frm my acct, it was 285 and I checked a bank s website abt 2 days ago nd it was around 285, so where is d 199 coming from?
DeleteEnter your comment... Hmmmmmmmmmmmmmmm
ReplyDeleteIt is well o my dear
ReplyDeleteIn my 100 days in oppice, I will equate a dollar to a naira...
ReplyDeleteSai baba!!!
Wait! Did baba really say that? All this time I thought it was just a mockery of his ostentatious campaign. $1=N1 in 100days.
DeleteBaba maa wa delusional gan ke.
a.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
Oky seen
.
.
***CURRENTLY IN JUPITER***
Na wa ooo God go help u. What a country
ReplyDeleteIf they had listened to soludo that time he asked for us to make naira great, all this won't be so bad now..
ReplyDeleteHe asked that we make the highest currency 50 naira or 100 naira but put more value in it...
So that 100 naira might equal 5000 naira for example which was what Ghana did but everyone kicked against it
Now we are in trouble and their is no way out for now until oil price magically goes up. Because we can't start manufacturing all we have been importing in 4yrs
It's not possible
We can't start diversifying and expect returns now. Returns would be in the next 2-3 yrs
What else should we expect when the coordinating minister for economy is a lawyer ( Prof. Yemi Osinbajo)...#change....the loyal Buharists see nothing wrong...
ReplyDeleteChai! Lord help us naa abeg.
ReplyDeletesomeone pls explain parallel rate.
ReplyDeleteI tot partof buhari's campaign promise was to make dollar eqv to d naira? This is bringing untold hardship in the lives of nigerians.What do u buy?How much can u sell to make ur turn over? Hian
ReplyDelete