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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Foreign Reserves Rise To $31.5 Billion (18972 Views)
Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End / External Reserves Rise Further, Now $25.4bn / Naira Further Crashes To N245 Per Dollar As Reserves Rise (2) (3) (4)
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Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by superstar1(m): 11:56am On Aug 10, 2015 |
barcanista: CBN did not have a choice than to do that. The commercial banks decided that on their own and they got CBN to make it official. Presently, there is over 1billion dollars physical cash in the vaults of banks, that is a non-earning assets and there is no way they can move it out of the country. How do you want the banks to.pay interest on depositors funds that they are not earning anything on? The only way we can deplete that physical dollar sum is by payments of PTAs and BTAs by banks. If you have any suggestions on how banks can handle the physical dollars, please share it. This will go along way in arresting the situation. Desperate situations call for desperate measures. 2 Likes |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by nikaleyot: 12:12pm On Aug 10, 2015 |
queenzibah:Thats true, very poor like your English |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by ARIZONA123(m): 12:13pm On Aug 10, 2015 |
superstar1:. Conehead! Always spewing trash |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by tucky200(m): 12:18pm On Aug 10, 2015 |
[quote author=engineerboat post=36802427][/quote] How much did he meet at the foreign reserves ? And how much did he remit when leaving ? ? |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Popemax(m): 12:52pm On Aug 10, 2015 |
Weldon Baba bt plz increase ur speed |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by dammytosh: 12:57pm On Aug 10, 2015 |
socialmediaman: Tanoid will come and quote how Jonathan sent the money. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Nobody: 1:20pm On Aug 10, 2015 |
BS without development to show for it! |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by ayindejimmy(m): 1:25pm On Aug 10, 2015 |
jmoore:And that is if things remains as it is...which I doubt. However little... Wouldn't that be an increase to our reserve unlike the decrease it witnessed in gej's govt? That's the Maths I was hoping you'd do. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Manir9ja: 1:28pm On Aug 10, 2015 |
"i'll go slow but steady"...... Keep on Mr. President |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Manir9ja: 1:31pm On Aug 10, 2015 |
DrPrickson:No need to rush you retar.d....... Slow and steady dude. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by omonnakoda: 1:36pm On Aug 10, 2015 |
queenzibah:Which school did you attend? |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Nobody: 2:48pm On Aug 10, 2015 |
queenzibah:wow!!! sweetheart don't take it personal...was jus trying 2 advise u... |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Xano(m): 3:04pm On Aug 10, 2015 |
Onijagidijagan: this is good news. Though Senators and House of Reps salaries have not been paid since after the elections. NDDC have not received funds from FG, thus, no new projects yet. Multinational companies are waiting for policies from PMB administration before they resume agreed projects. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by charlesbailey(m): 3:38pm On Aug 10, 2015 |
great!!!! |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by gebest: 3:43pm On Aug 10, 2015 |
DrPrickson:yes, if things goes beyond control in this country, that money can be use 4 importation for gud 24months so wit dat every body will feel d impact nd u kn what thats means. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by queenzibah(f): 4:29pm On Aug 10, 2015 |
Rashe:dosnt tak anyfin away from me . Tnx |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by Nobody: 4:36pm On Aug 10, 2015 |
anonimi:1. The SUBSIDY,that he removed FOR 2YRS WHILE OIL PRICE WAS SELLING ABOVE $100 and now below $50,,,, 2. $5BILLION DEBT INCURRED DURING HIS REGIME,,.,, 3. YARADUA LEFT PETROL PRICE @#65 HE INCREASED IT TO #97,,,, #32 difference for 2yrs..,,, 4.. DEPLETION IN FOREIGN RESERVE NOT INCREMENT DURING HIS REGIME,,, 5.SHARING OF ECA FUNDS AND BUHARI STILL HAD TO BAILOUT SOME STATES FROM NLNG EARNINGS.... YOU NEED TO COMPARE HIS ACHIEVEMENTS WITH ALL THE MONEY HE INCURRED.... Spent On Universities yes thanks to AASU who went on strike for 6(six) Months.. |
Re: Nigeria’s Foreign Reserves Rise To $31.5 Billion by bejeria101(m): 1:44am On Aug 11, 2015 |
Frm empty treasury? Na breeze una sell? Ewu zambia |
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