Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,090 members, 7,953,324 topics. Date: Thursday, 19 September 2024 at 02:10 PM |
Nairaland Forum / Nairaland / General / Business / CBN Injects $186m As Forex Reserves Beat $30bn (7962 Views)
Naira Plunges To N472/$ As Forex Scarcity Worsens / Dollar Sells For N445 As Forex Scarcity Persists / Forex Reserves Gain $455m In One Week Amid Intervention (2) (3) (4)
CBN Injects $186m As Forex Reserves Beat $30bn by ijustdey: 9:50am On Apr 27, 2017 |
Following Tuesday’s assurances by Godwin Emefiele, the CBN says it will continue to intervene in the foreign exchange market, as it injected $185.86 million into the retail Secondary Market Intervention Sales (SMIS). https://www.thecable.ng/cbn-injects-186m-forex-reserves-beat-30bn lalasticlala |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by benedictnsi(m): 9:56am On Apr 27, 2017 |
what ever it will take to make the dollar crash against the Naira.... JUST DO IT 9 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by veekid(m): 10:04am On Apr 27, 2017 |
Praise the Lord |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Opistorincos(m): 10:05am On Apr 27, 2017 |
we are not really feeling it as gtb and other banks has increased their naira to dollar rate 3 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by celestialAgent(m): 10:06am On Apr 27, 2017 |
Naira go soon get K-leg with all these incessant injection. Injection that does not cure, is that one an injection? 22 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by hucienda: 10:06am On Apr 27, 2017 |
N1 to $1 loading ... but seriously, kudos to the Buhari administration for arresting the downward spiral a few weeks back. That's the thing about good works, you don't need Lie Mohammed, the Buhari Media Centre (BMC), zombies (online and offline) to spend money on wanton propaganda - for good work is self-evident and speaks for itself. They should keep doing whatever they can to strengthen the naira - if they can to where they met it, even better. 4 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Nigeman: 10:06am On Apr 27, 2017 |
It is well with Nigeria |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Sharon6(f): 10:07am On Apr 27, 2017 |
Nice move... GET RID OF STRETCH MARKS, CHECK MY SIGNATURE! |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Miles300: 10:07am On Apr 27, 2017 |
Opistorincos:I thought I was the only one who just realized this , it's killing 4 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by 989900: 10:07am On Apr 27, 2017 |
Reserves growing in the face of adversity, Jonathan was selling at almost thrice the price at a time and still depleted the reserves. 5 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Nobody: 10:08am On Apr 27, 2017 |
Biafrauds and their friends that want Nigeria's economy to collapse by all means be like 5 Likes
|
Re: CBN Injects $186m As Forex Reserves Beat $30bn by wristbangle: 10:09am On Apr 27, 2017 |
989900: The amount of corruption during the IE era knows no boundary. Back to topic, well... Let's see how it goes. Perhaps other non oil sector export is increasing because oil price has crashed simultaneously for two days though the decline is slight. Waiting for dangote refinery to come on board by 2019 so the pressure on Naira will be relieved. Yet it pains me that end users, smes and manufacturers don't have access to FX. Nonsense 4 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by mickybeejay(m): 10:09am On Apr 27, 2017 |
Nice but that's if you don't go back on ur actions....... |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by aminu790(m): 10:10am On Apr 27, 2017 |
ﺷﻜﺮﺍ ﻟﻚ ﺍﻟﺮﺋﻴﺲ 6 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by ephi123(f): 10:10am On Apr 27, 2017 |
Opistorincos: Hmmm. The banks are a real problem in Nigeria, they do not support entrepreneurs or small businesses, and end up making life harder for customers. 3 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by mikeycharles(m): 10:10am On Apr 27, 2017 |
na so after all the injections, no evidence to show that it's working, is Nigeria cursed or what? 1 Like |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by erico2k2(m): 10:10am On Apr 27, 2017 |
How does this help when the banks do not reflect this? Or is this just another publicity stunt ? Why won't the bank now allow us use our atm cards abroad . 5 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by natznext(m): 10:10am On Apr 27, 2017 |
Hmmn |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by celestialAgent(m): 10:11am On Apr 27, 2017 |
Miles300:CBN is more like a figure head when it comes to determining exchange rate. Imagine them watching banks do their scam openly, yet they won't seize saying inject inject inject 4 Likes 1 Share |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by erico2k2(m): 10:11am On Apr 27, 2017 |
MadManTalking:Lol u lot won't kill person. The Biafra are the ones enjoying low forex rate |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by gberra: 10:15am On Apr 27, 2017 |
5% Emefiele should be fired!.. The ignorant fool is still on about imminent end of recession when it has been confirmed that we were officially out of recession.. This incompetent mofo must be prevented from using half our reserves defending the Naira, what becomes of infrastructural development & reflation. Igbos are stupid. 1 Like |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Nobody: 10:15am On Apr 27, 2017 |
Story, upon all the whole inject GTB still increase dollar rate from 320-375.. Who is fooling who? 5 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by eleojo23: 10:18am On Apr 27, 2017 |
celestialAgent: I wonder o! Banks still won't allow us use our cards online and abroad. Which kain injection them dey inject since sef? All these news remain propaganda until we begin to see the effect of these injections on the common man. Mtcheeew....! 6 Likes |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by SweetJoystick(m): 10:20am On Apr 27, 2017 |
Until banks debit cards starts working for international spend, this is super story. 7 Likes 1 Share |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by eleojo23: 10:22am On Apr 27, 2017 |
udemzy101: This one pain me die! |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by juman(m): 10:23am On Apr 27, 2017 |
Hiss Senselessly confused government. 1 Like |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by dasphinx1(m): 10:23am On Apr 27, 2017 |
It still did not stop Gt and Access from increasing their dollar rate... Kontinu |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by erico2k2(m): 10:24am On Apr 27, 2017 |
SweetJoystick:Proper super story . |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by bejeria101(m): 10:24am On Apr 27, 2017 |
And yet your daura relic wants to borrow again? The money in the reserve resemble portrait that you cant touch? 1 Like |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by chuose2: 10:25am On Apr 27, 2017 |
THIS GOVT NA YAHOO YAHOO GOVT! THEM DEY USE ARTIFICIAL MEANS TO KEEP THE NAIRA LOW! NA BECOS SAY DEM SABI WITH DULLARD AROUND NOTHING DEY WORK! WITH DULLARD WORKING FROM HIS OFFICE, THE MAN ALMOST KILL NIGERIA. ONLY GOODNESS SABI WETIN GO HAPPEN TO NIGERIA AND THE NAIRA NOW HE DEY WORK FROM HOME. WELL NIGERIANS NA BUHARI FIT UNA! GOD WARN US ALL THROUGH PASTOR BOSUN EMMANUEL NOT TO VOTE APC. WE ALL FOOLISHLY LISTENED TO ADEBOYE WHO SHUT THE MAN GOD SENT DOWN. NOT ONLY THAT, ADEBOYE GAVE APC HIS BLESSINGS NOW WE ARE ALL SUFFERING THE CONSEQUENCES |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by gberra: 10:25am On Apr 27, 2017 |
ephi123:Would you mind telling us the major factors leading to such business decision in that regard. Let's see the brain you've got. watch her scurry for safety The smiling one |
Re: CBN Injects $186m As Forex Reserves Beat $30bn by Nobody: 10:26am On Apr 27, 2017 |
celestialAgent: The injection no be for here wallahi 1 Like
|
6 Steps To Become Very Successful In Affiliate Marketing / Opportunities In The Chemical Business In Nigeria / Oil Workers End Nationwide Strike, Reach Deal With FG
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 33 |