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Nairaland Forum / Nairaland / General / Business / CBN Suspends 19 Banks From Forex Sale To BDCs (33327 Views)
Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs / CBN Suspends New Cashless Policy / CBN Suspends 19 Banks From Forex Sale To Bdcs (2) (3) (4)
CBN Suspends 19 Banks From Forex Sale To BDCs by Adesiji77: 9:31pm On Oct 12, 2016 |
The Central Bank of Nigeria (CBN) has suspended all the banks, with exception of First Bank, from selling dollars proceeds of international money transfer services (IMTS) to Bureaux De Change (BDCs). http://www.vanguardngr.com/2016/10/cbn-suspends-19-banks-forex-sale-bdcs/ 1 Like 3 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Truth234(m): 9:37pm On Oct 12, 2016 |
double post |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Truth234(m): 9:37pm On Oct 12, 2016 |
There is more to this CBN directive. They can't just restricts 19 banks from selling to BDCs. 13 Likes 1 Share |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by ammyluv2002(f): 9:42pm On Oct 12, 2016 |
God na your Hand i dey o 3 Likes |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Adesiji77: 9:45pm On Oct 12, 2016 |
Truth234: Bros, I am wondering too 4 Likes 1 Share |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Adesiji77: 9:46pm On Oct 12, 2016 |
ammyluv2002: What happened? |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by hahn(m): 10:08pm On Oct 12, 2016 |
Is this going to create a scarcity of FX? 6 Likes |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by israelboy1(m): 10:08pm On Oct 12, 2016 |
New news everyday 1 Like |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by delikay4luv: 10:09pm On Oct 12, 2016 |
This is really a change. One chance change 3 Likes |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Nobody: 10:10pm On Oct 12, 2016 |
Lol |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by mustmust(m): 10:10pm On Oct 12, 2016 |
Cbn spending banks left right and center since independence. Well na part of chanji |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by gudnex22(m): 10:10pm On Oct 12, 2016 |
when mod is high on weed. one topic will appear more than once on fp 30 Likes 2 Shares
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Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Mopolchi: 10:11pm On Oct 12, 2016 |
Tomorrow we go hear say they no suspend them again. I dey wait for that one, na im be news no be this one. 7 Likes 2 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by GogetterMD(m): 10:13pm On Oct 12, 2016 |
Is that why GTB all of a sudden exchanges 1 dollar to 450 naira? 14 Likes 2 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by 234GT(m): 10:13pm On Oct 12, 2016 |
This CBN self! Only God understands their direction! Well, its not as if Bubu has a direction. 7 Likes 2 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Femich18(m): 10:14pm On Oct 12, 2016 |
Mopolchi:Lol..funny you |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by zanebaddo(m): 10:17pm On Oct 12, 2016 |
Nigeria!! Una country.. yeye de smell 1 Like |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Galacious1: 10:17pm On Oct 12, 2016 |
gudnex22:pls be nice |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Gten(m): 10:18pm On Oct 12, 2016 |
Moderator, which area your supplier dey, you are on the good stuff. You put CBN trial policy on repeat. 4 Likes
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Re: CBN Suspends 19 Banks From Forex Sale To BDCs by lifestyle1(m): 10:22pm On Oct 12, 2016 |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Nobody: 10:24pm On Oct 12, 2016 |
That's why they reviewed their dollar spent per month to $250. Useless banks 1 Like |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Einl(m): 10:24pm On Oct 12, 2016 |
FirstBank is Nigeria's most concrete and stable bank... 10 Likes 2 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by wristbangle: 10:26pm On Oct 12, 2016 |
It's the right measure because banks are not complying to CBN forex standards. Imagine hoarding dollars and selling at ridiculous price to BDC and manufacturers. These crooks are lazy bastards who wants to become dangote over night. The only demerit now is since dollars will not be available for BDC, hope naira will not devalue to 1000 naira per dollars 8 Likes 3 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by KINGDOS: 10:30pm On Oct 12, 2016 |
They are on a mission to bail First Bank from the negative publicity of low liquidity of yesterday, Bikonu we understand,. 1 Like |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Nobody: 10:32pm On Oct 12, 2016 |
Nigeria we shouldn't be celebrating independence until we get things right in this country 5 Likes |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by gift01: 10:34pm On Oct 12, 2016 |
19 too much na. Na how many come remain? |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by DisGuy: 10:37pm On Oct 12, 2016 |
Nigerian banks are just too lazy! Cant borrow to the real sector, cant be trusted to fund long term agricultural projects, just rely on government deposit until TSA showed them up... 16 Likes 2 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by StevenJay01(m): 10:44pm On Oct 12, 2016 |
Werey re o!! Buhari is about to send us 100 yearsback 2 Likes |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Danjunior(m): 10:46pm On Oct 12, 2016 |
I seeeeee 3 Likes 1 Share
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Re: CBN Suspends 19 Banks From Forex Sale To BDCs by slawali: 10:47pm On Oct 12, 2016 |
I think there is a need to review the procedures,banks are selling dollars to their families instead selling to bdc directly,their families will add one naira before selling to bdcs.may God safe our co3 from corrupt practices everywhre. 7 Likes 4 Shares |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by ezechueze(m): 10:47pm On Oct 12, 2016 |
OK |
Re: CBN Suspends 19 Banks From Forex Sale To BDCs by Abbeyme: 10:53pm On Oct 12, 2016 |
What now happens to the inflow dollars with these 19 banks?? 2 Likes |
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