₦airaland Forum

money that will soon be returned to them thru medical tourism....mtcheew

BTW...Lai Mohammed. shud we be expecting Trump's name on the next looters list,?

Eziokwugbaoto:
.

dis one booked a space and went to the toilet too

welcome to the party of saints...u can now start getting crumbs from tinubu

what exactly is their crime?....have they arrested charlie boys daughter?

98% of men patronize prostitutes.....A large percent age just don't knw they are being hustled

dont worry, ur hatrick will come next weekend

H

The nation’s foreign exchange reserves have fallen by $990.98m this month, latest data from the Central Bank of Nigeria showed on Sunday.

The external reserves, which stood at $47.11bn at the end of last month, declined to $46.128bn on August 23, 2018.

The CBN noted that the evolution of the forex market in the country had been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts in production.

A former President, Association of National Accountants of Nigeria, Dr Sam Nzekwe, who described oil as the nation’s major revenue earner, said the reserves had grown in recent months because oil price was increasing, and production was constant.

He, however, said political uncertainties had led to a decline in foreign investment as many investors were taking their funds out of the country.

“So, I believe that what must have happened is that those of them whose investments are short-term like shares and bonds, have found their way out of Nigeria,” he added.

He observed that most of the investors had not really been investing in the real sector.

According to Nzekwe, generally, a lot of people are not sure of what will happen during elections.

He added that although the government was investing in infrastructure, the investments in infrastructure were mostly being constructed by foreigners with foreign materials.

He said, “So basically, it will have some impact on the reserves but I believe that the major one is the foreign investment in the financial market and they are all short-term investments.


By Nike Popoola

copied from The Punch Newspaper

When will we hear " completes "..... What were they doing for the past three yrs

When will we hear " completes "..... Wheat were they doing for the past three yrs

after viewing both piks for abt 5mins, I can even remember what I wanted to type again

Nobody has ever invited the Miyetti allah chairman or any dotted-forehead extremist for questioning.....

Tolexander:
So Reno Omokri has degenerated into this.

Seems Reno wan enter Blac Chyna and want to use that line to enter her.
Cos I wonder why Reno didn't confront @TokyoToni, the mother, directly instead of the daughter.

its not degenerating,..its called giving credit to whom its due...get some education ..jeez!!!

muhammed(S.A.W) must be very proud

EwuOjota:
A cultist will always be a cultist.

If you listen to the songs of cultists,you are complicit.

Duncan is just a violent cultist, that will end up like the others we have seen here.

dAVIDO Nko?

KendrickAyomide:
double wat? Lmao

FA CUP AND EFL CUP

you got one life to live....enjoy

Mourinho will do a double this season

very simple,..APC supporters....

SamuelTurner:
I was waiting for a fool and you showed up..

What is Apc achievements since 2015? Nothing!!

boohariwalked 800km yesterday

jagajagan.....for Nigeria to move forward, we have to ignore all these devil incarnate.....APC Sainte

its no big deal joor...see a dermatologist

KASZYLIEZ:
For Ao Much Sir?

28k negotiable

is forgery and nepotism not corruption again?

I have Goionee m5 mini for sale....2gb ram, 16gb Rom....

pls don't go on strike oooo.... cos oshomole will say ASUU is now pdp

This is culd be true sha....
BTW...Today marks my 10YEARS on Nairaland....No BAN, no opening of second accounts, still same handle.....
Ten years no be small thing ooooo, Seun owe me data money

Who are they dropping numbers for? who in his/her right mind will call u people....

Only Buhari(S.A.W) is not corrupt.., i hear una

Ayefele culd as well settle down in the US like his contemporaries...but no, he decided to establish here and create job opportunities for others......After their useless leader will ask diasporans to come back.......OYO people, dont worry..on election day u guys will get ur 4000naira each to carry broom

she so beautiful....thick ladies are gifted in the act of sword-swallowing...jus love them