₦airaland Forum

Another explorer in making.

Keep the good work. I know where you gather your information.

Once again keep the good work

Nice . I enjoyed it

fergie001:
Anybody seek your opinion?

Oh yeah

In D'banj voice "Nigeria youth are in a long thing "

In D'banj voice Nigeria youth are in long thing

fergie001:
Nigeria tire person.

Sudan is available if you wan ja

Na today monkey de jump from one tree to the other.

Polithiefcian equal polistitute.

LordAdam7:
All these armchair economic gurus disgust me!

If he is talking about the lack of harmonization between the monetary policy and fiscal policy, he should tell us what the fiscal policy is aside the blanket "deficit spending" these thieves like bandying about.

The monetary policy is very clear and available in the press. What is the fiscal policy? If we had a fiscal policy, why are the people that are supposed to finance the deficit spending (International lenders) saying they've not received any framework?

How can you harmonize an existent monetary policy with a non-existent fiscal policy.

Tinubu is M.A.D. Very M.A.D.

He went there to exonerate Buhari and his protege Adeosun, while lambasting Emefiele's CBN.

St*pid tribalistic goat!

Let him lambast Adeosun for not releasing a fiscal policy more than 12 months after assuming her position, rather than lambast the CBN that comes together every quarter to conduct a thorough review of the country's monetary policy with the subsequent release of an MPR report.

The same CBN that has increased our reserve and steadied exchange rates across the board for weeks now, is the people he wants to use as scapegoats, while shielding his own people who are partners in the mess.

Bast*rd!

-Lord

God bless you. I keep saying this did Nigeria have any Minister that over sees the economy.

If you are observant of the current situation in the country, you will notice that our dear madam kemi is no where to be found and it as if cbn is unchanged plus other regulatory body are helping.

My? Where is KEMI

danjumakolo:
Cbn gives bdcs $8000 at #381 Bi monthly as such they needs to monitor the sales of fx to the public by the bdcs.

If CBN try to monitor bdcs operators, it will be complete waste of time and money because they feel untouchable.

And remember they are closest to the market Which indirectly will affect the general public

Oh l thought this was comedy when I saw the topic as Commercial bus full of ram enter Iya Gbagada pot.

Your

Good more but polithiefcian b donate 4 but write 8 for budget

9ja l hail

For this regime boys are not smiling. This one we Peson eye Dr shuk and red eye everywhere.

Hope say no b Eaton de rain dis day.

Bubu botu Y.

May God save us

Are you guys surprised. This not limited to soldiers alone but to those that can be arm base on the society they found themselves.

Welcome to the world were power rule.

RingimKabir:
So?

This to inform Nigerians that we are fat from escaping corruption

The Group Executive Director and Chief Operative Officer Down Stream in the Nigerian National Petroleum Corporation (NNPC) Mr. Henry Ikem-Obih, on Monday disclosed that the corporation last imported Automotive Gas Oil (popularly known as diesel) into the country in 2009 following the full deregulation of the sector by the Federal government. Mr. Obih disclosed this in Abuja during a two-day public hearing on the ‘Review of Petroleum Pump Pricing Template’ organised by an ad-hoc Committee of the House of Representatives. He stated that the sudden increase in the prize of Diesel was as a result of the fact that NNPC has since the deregulation of the sector hands – off diesel importation, leaving the private sector to source for the product. He went further to say that the hike and scarcity of the product which skyrocketed the pump prize at retail outlets to as high as N260 per liter was due to the fact that the marketers were unable to source for foreign exchange to import the product, which made NNPC to intervene recently by importing some of the products. He said that the local production of Diesel has been hampered by the skeletal production going on in the refineries in the country as such, local product could not augment the shortfall in imported product, a situation that led to a hike and even scarcity of the product. Mr. Obih however shied away from stating the position of Petroleum Motor Spirit also known as fuel with reference to subsidy but maintained that access to foreign exchange is a major challenge to petroleum product importers, adding that NNPC is making every effort to ensure that most refineries are running optimally to sustain supply. The Chairman of the Committee, Hon. Nnanna Ugokwe (Imo) stated that Nigerian feel short-changed by the present prize of the product, hence the House through the committee is not out to witch-hunt any individual but to find out if the actual prize N145 paid by Nigerians on every liter of fuel is just.

Read more at: https://dailytimes.ng/news/diesel-last-imported-2009-nnpc/

http://www.nairausd.com/

If this is going to be peaceful, then Kudos to ECOWAS. This will be a big mark to the regional body while other like EU, UN, & OTHERS. Who say Good thing can not come out from the black community.

There nothing special about this building, come to Nnewi your eyes will be opened.

Nice building

EFCC should use concrete evidence not noise. Because we are tired of their music

ECOWAS should not use force for the betterment of the region.

Those calling for force should know that Gambia is a sovereign state. Don't let ignorance kill you.

Exchange for Dollar to Naira, 23th Monday January 2017

http://www.nairausd.com/2017/01/exchange-for-dollar-to-naira-23th.html

The Monetary Policy Committee ( MPC) of Central Bank of Nigeria will hold it first meeting of the year today ( MONDAY ) to review and evaluate the developmental plan of the economy and growth as well. While tomorrow which is Tuesday, they let the general public about the policies of the meeting.


Read Forex policy needs better management

The 11 members of the MPC meet once in two months to evaluate the economy and make adjustments in key variables to set direction for economic growth.

This coming at a time Nigeria is in recession ang experiencing 18.55% inflation.
Experts, who spoke to our correspondent on Sunday, forecast that the committee would leave key economic variables, including the Monetary Policy Rate (benchmark interest rate) and the Cash Reserve Ratio unchanged in view of the critical state of the economy.

Read also Exchange for Dollar to Naira, 23th Monday January 2017

Source http://www.nairausd.com/2017/01/mpc-of-cbn-have-it-first-meeting-of-year.html

What a nation. But if l may ask is democracy the best for Africa.

? Though

This is touching

okosodo:
Buhari, continue

Na so we see am

I thought he was forming JAMES BOND

But if I may is this right for ECOMOG troop to enter a sovereign nation.

Nigeria troop no de smile this day. Boko on their mind

Bubu should prepare for titanic cold war

I hope this should be accepted. Wish the boys goodluck in their endeavor.

Despite the sale of dollar to licensed BDCs operator CBN nationwide on Thursday as CBN resume sales of forex, Naira suffer another lose to Dollar at the parallel rate.


The Pound Sterling and the Euro traded at N596 and N520, respectively, at the open market.

Read Nigerian firms explore export market to make dollar gains – Businessday

At the BDC window, the Naira exchanged at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro closed at N599 and N522, respectively.

Trading at the interbank market saw the Naira weakening further as it closed at N305.50, from the N305.25 it recorded on Wednesday.

Traders at the market were hopeful that the Naira would bounce back as quickly as possible.

They, however, noted that the Naira was waging a guerilla-like war against speculators who manipulate the market for their selfish ends.

Read More @ http://www.nairausd.com/2017/01/naira-depreciate-against-dollar-at.html

Just now, SARS men came to Alaba international market. Where Aboki normally change Currencies. Arrested some Forex operator and took them to an unknown location.

Don't Fall victim.