CBN governor talking as if he has the solution, banks should not touch the forex revaluation gains..... Can the naira recover, to how much will it recover?

Kukutente23:
It's all a fraud
The CBN is back to pegging exchange rate
Tinubu suffered Nigerians for nothing

“Further to our letter dated September 11, 2023, referenced BSD/DIR/CON/LAB/16/020 on the above subject, the Central Bank of Nigeria wishes to reiterate that banks are required to exercise utmost prudence and set aside FCY revaluation gains as a counter-cyclical buffer to cushion any adverse movements in the FX rate,” CBN said.

“In this regard, banks shall not utilize such FX revaluation gains to pay dividends or meet operating expenses.”

CBN had issued guidelines on September 11, 2023, on how banks can manage the impact of FX reforms.

Source: https://www.thecable.ng/naira-falls-at-parallel-market-appreciates-in-official-window/amp?/naira-falls-at-parallel-market-appreciates-in-official-window[/quote]

These people want to sink this boat but God no go gree for them.
Naira is now falling again. The truth is that the continuous falling of the naira indicates their failures at all level

Thank God she's not a Yoruba woman.
The nepotism has been too much

The guy said he's not recording the lady but he did .
If therefore ye have not been faithful in the unrighteous mammon, who will commit to your trust the true riches?

Evidence to show that they're all one

His two balls should be sliced

If only these government watchdogs could go for those legal thieves, polithievians, executhieves, legitlooters, fraud would have automatically reduced by 75%

Inserting new line for constituencies projects..... When did these set of people become contractors? when they're soliciting for our votes, they called themselves lawmakers and not builders.
These is the project when completed they put their names and pictures on it, to make it look like it was their money.
Nigeria......

I will get it for them

How I wish this could be replicated across board, that whosever break any part of the law would be sentence to jail, using Fasia jail term as a yardstick.

This has been dismissed long time ago even before it was made known.
What is the role of the opposition party in NASS, they all belong to eat and clean mouth gang

I won't be surprised if these people are included in the budget. I believe they have the strong backing of higher power

Yes so, Ruby or Rugby should wait for Obi to become president, so that he would be nominated as CBN GOVERNOR, I know that is what majority would say.
Honestly Nigeria as a country is for away from moving forward.
We are behind backward

Nigeria is a unique state and deserve unique treatment.
How I wish there could be general reduction from the emoluments of all returning political office holders either by election or appointment till when the person won't collect a dime
With that we would know those who are really ready to serve

Stupeed fellow, of what importance and value is Seneat president to Nigeria?

These are the clowns you're all fighting for and defending.

Something I still don't understand in this budget padding is that does that mean the president don't go through the documents sent to NASS for approval before signing it ni or what? Someone should please explain

Time will tell

These people only see us as mumu, yet majority keep behaving and exhibiting mumu trait.
How can a sensible person keep fighting or defending these people that never have good thoughts towards you but to add to your hardship?

It is not a crime to be ambitious. Nigerians are desperate that they can go any to any length to fulfill their selfish interest

He can never be distracted because his eyes are fixed on the seat of number one position of the country and he is there already..... Emilokan is his agenda and he is there so no crisis can make him leave the seat

Our polithievians are Clowns . Look at what they're doing in the public, it means no politicians has the mind of the masses if thwy can utter this kind of statement in a gathering like this

But now killings, kidnapping, taking possession of others land and properties

This is a great lesson for all that no matter who we are, no matter how influential we are, no matter how good or bad we are, one day we will surely leave this world BUT WHAT WOULD BE SAID AFTER YOU AND I LEAVE THIS WORLD? WHERE ARE YOU TO SPEND YOUR ENTERNITY?

Something is wrong truly but it shouldn't be a template for us to condone incompetentency

Nukilia:


The US system has been infiltrated

Something is wrong in US and our leaders should not ride on this cos we never pray for such.
Only few will understand

Who be the person?

tishbite43:

Arrange it anyhow you like na

I forgot to add IBD Dende
😂😂😂😂

Congratulations Sir.

Political fighters will come shortly to derail the thread and spoil the party

You're from which clan? What is the pattern of the arrangement?

tishbite43:

The greatest Yoruba man
OBJ
Tinubu
Oduduwa
Fayose
Awolowo

https://dailytrust.com/nigerian-firm-ketron-acquires-shoprite-stores/#:~:text=Ketron%20acquired%20100%25%20ownership%20of,within%20Nigeria%2C%E2%80%9D%20said%20Amusan.

AustineE1:

Are there Yorubas outside Lagos doing business elsewhere？...just an innocent question.

Olachase:
yes Sir
Example is Shoprite