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Nairaland Forum / Nairaland / General / Politics / CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. (5055 Views)
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Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by oskopy: 9:13pm On Feb 04, 2024 |
I doubt this is solution to the problem. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by MrBroke(m): 9:16pm On Feb 04, 2024 |
It's funny cause even the payment with naira is going to be dependent on the exchange rate with the dollar. ![]() So nothing changes here except the fact physical dollar ain't given but the naira given is still calculated according to the dollar rate |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Ozommadu: 9:23pm On Feb 04, 2024 |
blacknp: Go fvck yourself |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by commoditiesnig: 9:38pm On Feb 04, 2024 |
Good action |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by blacknp(m): 9:42pm On Feb 04, 2024 |
Ozommadu:Yeah right Wankster, between you Ozommadu, & your brother Onuman, couldn’t tell who is worse. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by ozo13(m): 9:44pm On Feb 04, 2024 |
ivolt:u know alot of micro causes need to be addressed.i don't think this things are allowed.i learnt in south Africa you even need ur banks clearance before having access to dollars but over here, anything goes.until the micro causes are address along side those caused by politician.we will be moving in circles
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Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Babalegba(m): 9:53pm On Feb 04, 2024 |
Taich:Lol, read what you wrote again.Foreign currency should be Nigerias legal tender abi 1 Like |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by coputa(m): 11:51pm On Feb 04, 2024 |
CharleyBright:The government is shooting itself on the foot. The dollar is the most sought after currency all over the world.it is used by many west African countries like Ghana internally and that does not reduce the value of the Ghana cedi All these are smoke screen approach, they should hold the bull by the horns |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by walefresh3(m): 12:30am On Feb 05, 2024 |
Bobloco:akpu terrorist.. Stop your hate and come to reality... If u think dis your stupid characters will make Thiefobi a president... U are definitely decieving your GUILIBLE self... |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by TheBillyonaire: 12:39am On Feb 05, 2024 |
stonemasonn: Exact reason we should be using dollars and not naira. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Bobloco: 12:42am On Feb 05, 2024 |
walefresh3: Typical of an agbadorian minion. When confronted with facts, they shivers and begin to attack the peter obi while screaming "Ebi n pa wa o" |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by teewhydope(m): 12:47am On Feb 05, 2024 |
RepoMan007: You're also part of the problem if you can't mention them. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by UptownVibes(m): 2:13am On Feb 05, 2024 |
These are just jokes. You and I know that the politicians won't stop using the dollars .. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by NaijaphiliaBlog: 2:16am On Feb 05, 2024 |
CharleyBright: Sorry CharleyBright, the CBN circular quoted by Leadership newspaper is actually a very old one, from 2015! In essence, this is fake news. See here: https://fij.ng/article/fact-check-did-cardosos-cbn-ban-use-of-foreign-currencies-in-local-transactions/ |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Brenbentondiaz: 5:55am On Feb 05, 2024 |
Ozommadu: Also Tilumbu will be arrested on May 29. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Taich(m): 7:03am On Feb 05, 2024 |
Babalegba:. They are businesses being patronised by FG and FG pays the contractors in dollars, in Nigeria. Open your mind and you will make better analysis. Anything coming from this government should be read multiple times over because they don't have the masses at the core of their policies. Who spends official dollars more than the politicians? |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Babalegba(m): 11:34am On Feb 05, 2024 |
Taich:The naira is the legal tender inside nigeria.By law using another currency to transact business inside nigeria is unlawful no matter who the perpetrator is. |
Re: CBN Bans The Use Of Foreign Currency For Transactions In Nigeria. by Taich(m): 6:49pm On Feb 05, 2024 |
Babalegba: You are not even listening, I am giving you an information that you obviously are not aware of, they are legal businesses in this our country that the contractors whom are sometimes Nigerians like you and I execute in Nigeria and the invoices are sent to CBN after completions for payment in USD. So your legal tender has limitations. Ask around, get a banker friend, mix up more and get informed. Do you know that some schools in Nigeria even collect fees in USD? ( these I am not sure of the legality) |
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