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Nairaland Forum / Nairaland / General / Business / CBN Amends New Forex Policy Over Controversy (24698 Views)
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CBN Amends New Forex Policy Over Controversy by Adesiji77: 12:51am On Jun 20, 2016 |
Lagos — A major controversy has hit the new foreign exchange policy announced by the Central Bank of Nigeria, CBN, last week, a development which may have forced the apex bank to amend the policy, even before take-off. The flexible exchange policy is taking off today. Emefiele CBN Governor The controversial aspect was the Foreign Exchange Principal Dealers, FXPD, arrangement under which the apex bank said it would trade forex principally with about eight to 10 banks which it would register as principal dealers or FXPDs, who in turn would deal with other banks and traders. : http://www.vanguardngr.com/2016/06/controversy-forces-cbn-to-amend-new-forex-policy/ 2 Shares
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Re: CBN Amends New Forex Policy Over Controversy by drimpeccable(m): 2:13am On Jun 20, 2016 |
Season of policy reversals 5 Likes |
Re: CBN Amends New Forex Policy Over Controversy by Infinitikoncept(m): 4:49am On Jun 20, 2016 |
I for talk but I'm used to APC trial and error approach using 170million people as test subject 39 Likes 1 Share |
Re: CBN Amends New Forex Policy Over Controversy by AlPeter: 5:40am On Jun 20, 2016 |
Good one it's obvious we are getting there. To all the dummies shouting reversal and trial and error government just want you know this is what is called inclusive governance where people's opinion are taking into consideration and necessary amendment made to make life easier for the populace. Baba Carrygo. Slow and steady we will get there. 78 Likes 4 Shares |
Re: CBN Amends New Forex Policy Over Controversy by chainsaw11: 5:57am On Jun 20, 2016 |
too early
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Re: CBN Amends New Forex Policy Over Controversy by Lordtrillion(m): 6:11am On Jun 20, 2016 |
Hmmmm |
Re: CBN Amends New Forex Policy Over Controversy by 989900: 6:26am On Jun 20, 2016 |
This is more inclusive. Fingers crossed . . . . we're on. 7 Likes 1 Share |
Re: CBN Amends New Forex Policy Over Controversy by gsparks01(m): 8:59am On Jun 20, 2016 |
is there going to be an announcement or something today? |
Re: CBN Amends New Forex Policy Over Controversy by nymphomaniac(m): 9:14am On Jun 20, 2016 |
Click like if u didn't understand what op posted up there 45 Likes 1 Share |
Re: CBN Amends New Forex Policy Over Controversy by Nobody: 9:38am On Jun 20, 2016 |
Its a good decision. I hope more banks be included. 1 Like |
Re: CBN Amends New Forex Policy Over Controversy by dav8id(m): 10:01am On Jun 20, 2016 |
I think its a good move ,let's just put our fingers cross and see 3 Likes |
Re: CBN Amends New Forex Policy Over Controversy by IllegalMoney: 12:17pm On Jun 20, 2016 |
Confused Government |
Re: CBN Amends New Forex Policy Over Controversy by Integrityfarms(m): 12:17pm On Jun 20, 2016 |
Trial and Error Government of a confused set of media economists! Spearheaded by a certificateless man of 'integrity' 9 Likes 1 Share |
Re: CBN Amends New Forex Policy Over Controversy by olaasiwaju: 12:19pm On Jun 20, 2016 |
Hope say he never cause fight sha. |
Re: CBN Amends New Forex Policy Over Controversy by bqlekan(m): 12:19pm On Jun 20, 2016 |
O better baun... Check my siggy |
Re: CBN Amends New Forex Policy Over Controversy by MKO4ever(m): 12:20pm On Jun 20, 2016 |
Adesiji77: Ladies and gentlemen this is a very stale news as this was agreed and resolved since about 11am on Saturday And contrary to this report, all the commercial banks are approved to register as primary dealer. If you read this report very well, you will see that it is so so stale and not applicable anymore 14 Likes 2 Shares |
Re: CBN Amends New Forex Policy Over Controversy by busky101(m): 12:20pm On Jun 20, 2016 |
Hehehe |
Re: CBN Amends New Forex Policy Over Controversy by bqlekan(m): 12:20pm On Jun 20, 2016 |
nymphomaniac: Click like if this guy is a nymphomaniac... 1 Like |
Re: CBN Amends New Forex Policy Over Controversy by omanifrank(m): 12:20pm On Jun 20, 2016 |
and so.. who read am |
Re: CBN Amends New Forex Policy Over Controversy by sammyj: 12:20pm On Jun 20, 2016 |
Ok |
Re: CBN Amends New Forex Policy Over Controversy by totorimi: 12:21pm On Jun 20, 2016 |
That's their way, policy summers adult. |
Re: CBN Amends New Forex Policy Over Controversy by IVORY2009(m): 12:23pm On Jun 20, 2016 |
Integrityfarms: I can wrestle u down now N:B Black market Dollar to Naira = 380 dis morning! |
Re: CBN Amends New Forex Policy Over Controversy by ozor1: 12:23pm On Jun 20, 2016 |
I told you guys already .......don't expect much from this ,FG does not have dollar for sale ,they cannot make people that have sell at the price they want .it won't work |
Re: CBN Amends New Forex Policy Over Controversy by saintbeejay: 12:23pm On Jun 20, 2016 |
ALL WILL BE WELL |
Re: CBN Amends New Forex Policy Over Controversy by CACAWA(m): 12:23pm On Jun 20, 2016 |
in what way |
Re: CBN Amends New Forex Policy Over Controversy by fuadnero(m): 12:23pm On Jun 20, 2016 |
Didn't understand anything there, lots of banking jargons. Anyone care to explain? |
Re: CBN Amends New Forex Policy Over Controversy by Dottore: 12:23pm On Jun 20, 2016 |
I talk am say CBN Governor and his crew have resorted to trial and error economics but some pocket economists in Nairaland quoted me and spewed trash. Some even claimed to be "Well versed" in economic fables then I keep wondering why their sound knowledge of economics is yet to make them millionaires or relevant in decision making tables in viable companies. Mtchew #ntrialanderrorjoor 3 Likes |
Re: CBN Amends New Forex Policy Over Controversy by Marvel1206: 12:24pm On Jun 20, 2016 |
Bunch of confused homo sapiens.. |
Re: CBN Amends New Forex Policy Over Controversy by Ask4bigneyo(m): 12:25pm On Jun 20, 2016 |
ok |
Re: CBN Amends New Forex Policy Over Controversy by philfrey08: 12:25pm On Jun 20, 2016 |
Please dont involve ECOBANK o or else [code][/code]Icanwrestleyoudown |
Re: CBN Amends New Forex Policy Over Controversy by philfrey08: 12:26pm On Jun 20, 2016 |
IllegalMoney:Am a wailer though but you be shap shap commenter no reading... Read the article first...this is not about the government. 3 Likes |
Re: CBN Amends New Forex Policy Over Controversy by teemy(m): 12:27pm On Jun 20, 2016 |
This is a poor means of raising negative criticism with that headline. If more players get qualified all the better moreso it would increase competitiveness to beat down price. 3 Likes 1 Share |
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