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Nairaland Forum / Nairaland / General / Business / Dollar Scarcity Stops Capital Repatriation By Investors (21901 Views)
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Dollar Scarcity Stops Capital Repatriation By Investors by dre11(m): 8:33am On Apr 27, 2020 |
• Naira falls to N498/$ in forwards market By Collins Nweze https://thenationonlineng.net/dollar-scarcity-stops-capital-repatriation-by-investors/ 1 Like
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Re: Dollar Scarcity Stops Capital Repatriation By Investors by SLAP44: 8:35am On Apr 27, 2020 |
More hard times await Nigerians as the government is on auto pilot for now. 15 Likes 1 Share |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by stonemasonn: 8:41am On Apr 27, 2020 |
Too many negatives. Whose fault, Buhari? or the world's economy. 2 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by JasonJidenna(m): 8:45am On Apr 27, 2020 |
To think that General buhari took so much time in appointing Failures and gathered some bunch of unprofessional certificate forgery mofo's as his economic team makes me angry.... Our Economy has been in total shambles even before the lockdown. No hope in sight for the common man except his Creator. We didn't have it this bad when we had Ngozi Okonjo-Iweala handling our economy. Na God go help us. 90 Likes 8 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Kendumazy(m): 10:57am On Apr 27, 2020 |
Hmmm |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 11:03am On Apr 27, 2020 |
If you like continue hiding your head in the sand. Until YOU produce your nation is doomed. Produce everything - Rice, pencils, clothes, footwear, sugar, building materials, razor blade, bicycles, etc. A country of jobless people mocking their nation for even producing pencils is destined for failure. 68 Likes 5 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by gbebodye(f): 12:07pm On Apr 27, 2020 |
Just when you think things can't get any worse 3 Likes 1 Share |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by emmabest2000(m): 12:07pm On Apr 27, 2020 |
The Dollar tin effects many countries Not only Nigerians... But las las life will still go on 2 Likes 1 Share
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Re: Dollar Scarcity Stops Capital Repatriation By Investors by tot(f): 12:07pm On Apr 27, 2020 |
Incredible. Nigerians will now better understand the consequence of bad governance. A government that has failed to plan will definitely have a hard time during times like these. Fix electricity? No. Allocate the right budget to health and education? No. Develop the country? No. Well, this is the result. 24 Likes 2 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Kobicove(m): 12:07pm On Apr 27, 2020 |
The ride ahead is going to be very bumpy for Nigerians 2 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by DropsMic(m): 12:07pm On Apr 27, 2020 |
Wow |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Memphis357(m): 12:08pm On Apr 27, 2020 |
*in P Square's voice*.....E don happen.!!! Sarrki and Mannabbqgrillz,una darling President don put una for heavy gbese!!! 4 Likes 2 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Nobody: 12:08pm On Apr 27, 2020 |
Can someone explain this to me? In a lay man language |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by dcrown13: 12:08pm On Apr 27, 2020 |
14 Likes 2 Shares
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Re: Dollar Scarcity Stops Capital Repatriation By Investors by commodore007: 12:08pm On Apr 27, 2020 |
When the price of oil was high the common man never felt the impact, but when it's low the common man feels the impact more than anyone else,The population of those living below the poverty line is on the high side and no sensible government would like to add to the statistics,its high time we industrialize, it's high time we extract, process and produce tangible products.#we must turn today's stumbling block into tomorrow's stepping stone #God bless Nigeria# 13 Likes 3 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by NwaNimo1(m): 12:08pm On Apr 27, 2020 |
No oil revenue..... |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Konji3368: 12:08pm On Apr 27, 2020 |
Is a lie |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by obembet(f): 12:09pm On Apr 27, 2020 |
SLAP44: tot: All this are not new to a typical Nigerians... We are use to it 2 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Nobody: 12:09pm On Apr 27, 2020 |
Investing in Nigeria is a risky venture. All the profits can be eroded by fx rate in an instant. Nigerians be prepared for suffering o 3 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by jojofola: 12:10pm On Apr 27, 2020 |
In one simple sentence: Naija don cast 3 Likes 1 Share |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by bamasite2: 12:10pm On Apr 27, 2020 |
No wahala |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Kobicove(m): 12:10pm On Apr 27, 2020 |
ProfDview1: When a foreign company makes an investment in a Nigerian company it gets issued a document called a Certificate of Capital Importation so long as the funds came in through official means and is documented by the CBN through the Nigerian bank which handled the process. This document entitles you to purchase forex at official CBN rate when the foreign company wants to liquidate its investment and take out its funds. The issue now is that due to the fall in price of crude oil the government and by extension the CBN is not getting enough forex therefore the foreign investors are unable to get an allocation of US $ so they can remit or repatriate the funds to their home countries. 27 Likes 3 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by WildChild00(m): 12:10pm On Apr 27, 2020 |
rusher14: What is this baba saying again? 3 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Racoon(m): 12:10pm On Apr 27, 2020 |
The Nigerian economy is in for recession with all the present clueless economic team & policies. 2 Likes |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by globalresource: 12:11pm On Apr 27, 2020 |
They keep saying Buhari is fixing Nigeria. An economy not well plan will feel the worst of the Covid 19 era. Please God forgive us. Only you we look up to 4 Likes 1 Share |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by VaselineCrew: 12:11pm On Apr 27, 2020 |
but Nigerians are more concerned with rumored nnamdi Kanus death, than the suffering coming in Nigeria. How come a serious topic on nairaland never goes beyond 2-3 pages, but tribal threads reach 20? That’s to tell you the mindset of a typical Nigerian. Anyways now is the time for wisdom and hardwork for those that can see what’s coming. 16 Likes 2 Shares |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by lekkan(m): 12:11pm On Apr 27, 2020 |
It's well 1 Like |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by gambia(m): 12:11pm On Apr 27, 2020 |
komai yayi daidai |
Re: Dollar Scarcity Stops Capital Repatriation By Investors by chrischukszy01(m): 12:11pm On Apr 27, 2020 |
Pls where can I apply for change of country? 4 Likes 1 Share |
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