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Nairaland Forum / Nairaland / General / Business / CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 (11365 Views)
CBN Reviews Limits On Mobile Money Transaction, Balance / Naira Shortage Forces Banks To Boycott CBN Dollar Sale / CBN Suspends 19 Banks From Forex Sale To BDCs (2) (3) (4)
CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Laredojohn(m): 6:28am On Aug 17, 2016 |
· To disburse special intervention fund to real sector at single digit Source: http://www.thisdaylive.com/index.php/2016/08/17/cbn-reviews-weekly-dollar-sale-to-bdcs-to-50000/ 2 Likes
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Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by GreatEngineer(m): 6:41am On Aug 17, 2016 |
Good move. Hope it helps to bring down the naira to dollar exchange rate. 4 Likes 1 Share |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by DropShot: 6:45am On Aug 17, 2016 |
Good and timely. Let's hope it drives down the dollar rate. 4 Likes 1 Share |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by PureWays(m): 6:51am On Aug 17, 2016 |
Good Move. 1 Like |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Adonis3: 8:55am On Aug 17, 2016 |
fingers crossed The only thing we can do in this administration is WAIL and HOPE! Proudly a wailer tho Click like if you are a proud wailer #Adonis3HasSpoken 19 Likes |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by zchukwu(m): 8:56am On Aug 17, 2016 |
We don hear |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by afo86: 8:56am On Aug 17, 2016 |
Pass I dey pass ooooo |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by agwom(m): 8:57am On Aug 17, 2016 |
With dollars or without dollars, we will survive in Nigeria... 7 Likes |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Consultville(m): 8:57am On Aug 17, 2016 |
I pray this strengthens the naira |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by kennyman2000(m): 8:58am On Aug 17, 2016 |
Lol. 50k dollars wey no reach one igbo business man buy. 7 Likes |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Apelex(m): 8:59am On Aug 17, 2016 |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by dalass(f): 8:59am On Aug 17, 2016 |
Hope this will ease pressure on the Naira |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Nobody: 8:59am On Aug 17, 2016 |
Only 200K$ per BDC can solve this problem. Also up to 500K$ by December /New year would force it down to N282/$1 1 Like 1 Share |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by bobjack(m): 8:59am On Aug 17, 2016 |
I hope kcee would comply |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by 989900: 8:59am On Aug 17, 2016 |
The truth of the matter is, the BDCs don't have the dollar, hence the hike in price. Go to any mallo and ask for $30k, even 10k, you will see them running helter-skelter for hours trying to fetch it. This should help with availability, and strengthen the Naira if properly monitored. The BDCs, banks, and politicians are very good at sabotage. I will suggest dollar sales to be strictly by POS or bank transfers, or with BVN -- that's how you can keep track/records . . . hoarders and racketeers won't like that though. The special intervention funds to agric and manufacturing sectors at low rates is so welcomed. 14 Likes 3 Shares |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by 9jatatafo(m): 9:00am On Aug 17, 2016 |
GreatEngineer: $1=N1 |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by stevesheddy(m): 9:00am On Aug 17, 2016 |
Good news.. Good move |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by EricMason(m): 9:00am On Aug 17, 2016 |
oh God pleas, my fees time is approaching please stabilize the naira else i might not be able to write exams...#AMEN |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by bumi10(m): 9:03am On Aug 17, 2016 |
bunch of fools confused people |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Babachukwu: 9:05am On Aug 17, 2016 |
When will it take effect? |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by fendorf(m): 9:05am On Aug 17, 2016 |
I hope naira will gain value |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Dajugba: 9:06am On Aug 17, 2016 |
Adonis3: |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Jediel1(m): 9:06am On Aug 17, 2016 |
Make dis naira strengthen oo September go soon reach. Schl fees tins 3 Likes |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Jediel1(m): 9:07am On Aug 17, 2016 |
EricMason:i feel ur pain 1 Like |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by northvietnam(m): 9:07am On Aug 17, 2016 |
I don't like this news, me wey dey plan to receive USD in a months time from my uncle and this people want to spoil market for me... God I need more dollar hike please 1 Like |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by Godspower1930: 9:09am On Aug 17, 2016 |
let them do and make life easy for son of man. 1 Like |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by teacherbim(f): 9:11am On Aug 17, 2016 |
northvietnam: You are selfish 7 Likes |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by modath(f): 9:14am On Aug 17, 2016 |
989900: Endorsed!! Hey numbers.. 2 Likes 1 Share |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by northvietnam(m): 9:17am On Aug 17, 2016 |
teacherbim:Please don't expect me to do or say or want what will please you.... And who even invited you to quote me ?.... 1 Like |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by 989900: 9:17am On Aug 17, 2016 |
modath: LoL, hey Mo' . All the BDCs in Ilorin for example will sell to you know who, if there aren't checks and balances. |
Re: CBN Reviews Weekly Dollar Sale To Bdcs To $50,000 by oluwashegunfunm(m): 9:18am On Aug 17, 2016 |
kennyman2000:But better than cbn not selling to them at all 3 Likes |
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