Ifyan's Posts
Nairaland Forum › Ifyan's Profile › Ifyan's Posts
1 2 3 4 5 6 7 8 ... 71 72 73 74 75 76 77 78 79 (of 151 pages)
modath:I love this I really love this I truthfuly really love this I fully truthfully really love this I.....................................love this REMEMBER"INFORMATION IS POWER" |
modath:Thanks for the correction sis. I was wrong, official =CBN Rate not bank. It seems you are into forex or exchange. |
modath:Hay sis it seems you got it wrong from the start. Official Rate also apply to Bank, Online payment, etc. Compare bank rate and bdc rate before election. Or if l may ask which one is official rate |
modath:Sis it seems you made a mistake by not reading what I typed. Check again. Cheers |
VenOmswiftTM:You don make my day. I don learn 1 today "you for no sense" |
modath:Sis correct me, l will like to to see your correction. Thanks |
dmostcheerful:Meaning |
omogin:Na watin we de yarn since |
To everyone'he who live by the sword will die by the sword' |
He who live by the sword will die by the sword |
Exchange Rate for B Pound-Naira, 15th Tuesday December 2015. http://www.nairausd.com/2015/12/exchange-rate-for-b-pound-naira-15th.html?m=1 |
EternalTruths:True yarn |
Kamaye:Official Rate |
Exchange Rate Of Dollar To Naira,15th Tuesday December 2015 http://www.nairausd.com/2015/12/cbn.html?m=1 |
coolzeal: |
Something fast need to be done about this |
amunkita:Love or supported, choose 1 of this |
Credit: nigerianreviews.com Oyetunji Abioye Economic and financial experts on Sunday said the naira could fall further this week if the Central Bank of Nigeria failed to do something about the continued depreciation of the currency. The naira crashed further against the United States dollar at the parallel market to 262 on Sunday, foreign exchange dealers said. The greenback had sold for N257 and N260 on Thursday and Friday, respectively. The experts said the N60 margin between the official and black market rates of the naira was dangerous for the economy, adding that it could give room for round-tripping and other sharp practices in the forex market. “The margin is too dangerous for the market. There is a need to do something about it,” the Head Investment and Research, Afrinvest West Africa, Mr. Ayodeji Ebo, said. He added that administrative controls imposed by the CBN might have been the remote cause of the fall, while the central bank’s activities in the Bureau De Change segment were the immediate cause. “The CBN’s action in the BDC segment is right but it is causing the depreciation,” Ebo said. Analyst at Investment Today, a financial advisory and research firm, Mr. Okunola Henry, said if the CBN continued with its policy measures in the BDC segment, the naira would fall further this week. “Apart from the need to devalue the naira, there is a need to take a second look at the BDC segment,” he added. The local currency has been on a steady fall against the greenback at the black market in the past three weeks after the CBN stopped the sale of forex to over 1,500 BDC operators who failed to render returns on the utilisation of previous forex purchased at the official window. The central bank had during its weekly forex sale to the BDCs over two Wednesdays ago refused to sell forex to operators that failed supply adequate documentation. The dollar, which was selling for between N241 and N243 before the CBN’s clampdown on the BDC sub-sector, initially fell to 247 and later 251. Intending international travellers, who depend on BDCs for Personal Travel Allowance and Business Travel Allowance, were hit by the development, which caused dollar scarcity in the black market. As of Sunday, intending international travellers were still finding it difficult to access forex. It is still unclear if the CBN will supply enough forex to Deposit Money Banks to enable them commence the sale of the PTA and BTA to intending travellers. Source:http://www.nairausd.com/2015/12/naira-faces-further-fall-this-week.html?m=1 Twitter@naira usd Facebook@ifyan ify
|
rayblast:Hmmmm |
amunkita:Indirectly they are not ready to find a solution to our problem |
By BusinessNews Staff on December 15, 2015 The Federal Government on Sunday blamed the poor state of the country’s economy, especially the depreciation in the naira exchange rate, on what it described as incomprehensible mismanagement of the economy under the immediate past administration of the People’s Democratic Party ( PDP). Minister of Information and Culture, Alhaji Lai Mohammed, said in a statement that the mindless looting of the national treasury under the immediate past administration, was responsible for the increasing weakness of the naira against the United States dollar. Muhammed apparently responded to a statement credited to the Deputy Senate President, Ike Ekwerenmadu, which suggested that businesses may collapse in the next six months because the Buhari Administration has mismanaged the economy. The minister said it was the clearest indication yet that the PDP and its leaders were still in denial about the massive body blows they inflicted on the Nigerian economy. Source:http://www.nairausd.com/2015/12/fg-blames-weakness-of-naira-on-massive.html?m=1 Twitter@naira usd Facebook ifyan ify
|
ODUBEZE:Accept |
sternosa:Visit the site above |
How true is this |
Aremu01:Be professional bro |
suwalee:Thanks |
Favolly:To confirm my curiosity |
Exchange Rate for B Pound-Naira, 14th Monday December 2015 http://www.nairausd.com/2015/12/exchange-rate-for-b-pound-naira-14th.html?m=1 |
Exchange Rate Of Dollar To Naira,14th Monday December 2015 http://www.nairausd.com/2015/12/exchange-rate-of-dollar-to-naira14th.html?m=1 |
feran15:Thanks for the correction. As for the suing better be on a safer side |
feran15:Please l didn't mention any name or product make or company. |
Obinoscopy Lalasticlala fp for anyone everyone |
1 2 3 4 5 6 7 8 ... 71 72 73 74 75 76 77 78 79 (of 151 pages)
... knowledge is power as they say......
& how much is that?