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Nairaland Forum / Nairaland / General / Business / Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN (23581 Views)
International Remittances To Nigeria By State/Household - Statisense / Stock Market Weakens By 0.35% As Buhari Presents 2019 Budget / CBN Weakens Naira To 307/dollar For First Time (dailytrust) (2) (3) (4)
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Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by nlfpmod: 4:20pm On Aug 11, 2023 |
The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion of diaspora remittances to the parallel market. https://www.thecable.ng/diversion-of-diaspora-remittances-to-parallel-market-weakens-naira-says-cbn/amp 16 Likes 5 Shares
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Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by turmacs(f): 4:20pm On Aug 11, 2023 |
The speed at which our naira take dey weak day by day is directly proportional to rate of mental decline of ebolas.. anyways, it will not affect me in any way because my boyfriend is rich As I'm talking to you now, I already have 1TB of data on my router for the whole year, three gallons of 25litre fuel for my generator, MTN Lumos 6 months subscribtion as backup and refrigerator filled with food that five of me can not Finnish in three months.... 75 Likes 7 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by jmoore(m): 4:23pm On Aug 11, 2023 |
Na you go tell people how to channel their money? Tinubu, the master strategist. Emilokan. It's now parallel lokan. It's a big error if Nigeria will depend on remittance for FX. 151 Likes 10 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by eteebanky: 4:24pm On Aug 11, 2023 |
Loo |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by crossfm: 4:24pm On Aug 11, 2023 |
Hehehe. Another blame game,they never take responsibility. They keep on doing trial and error, while the masses bear the harsh repercussions. 135 Likes 15 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by adedayourt(m): 4:24pm On Aug 11, 2023 |
All shade of excuses for their failure. Within a space of 3months the naira is already hitting 1,000/$ 79 Likes 3 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by AwokenVawulence: 4:24pm On Aug 11, 2023 |
Hellanus doesn't see anything Wrong with dollar increasing daily , now tell me is he not mad This is to show u that ebola is truly more deadly than buhari-19 83 Likes 5 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Tenshades(m): 4:25pm On Aug 11, 2023 |
Blame game don start...Na so the previous one blame AbokiFX 73 Likes 7 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by tunjijones(m): 4:25pm On Aug 11, 2023 |
. |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by grandstar(m): 4:25pm On Aug 11, 2023 |
This man sounds clueless about what he's talking about. Frankly speaking he should send a signal to what he feels the true value of the Naira is. It seemed to have settled around 781 to the dollar. CBN should simply resume sale of dollars to the BDCs. I am sure selling to them at 780 to a $1 should be enough to tame the thinly traded black market rather than braying about conspiracy theories 6 Likes |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by wittywriter: 4:25pm On Aug 11, 2023 |
Useless excuses. N.B For you not to have a means you earn in dollars or Euros or pounds as a Nigerian internet user that spends hours online as a Nigerian then sorry... Shoutout to fellow freelancers and online earners!!! Yeah you can get a paid mentorship....in 3 weeks you would be earning. There are many ways but two basic ways I earn is with my skill and online investment using sales funnels. You too can.....if u want mentorship it can be arranged for a fee. Ebowo:Even if it's this DS u have interest in be rest assured of earning with it after mentorship this is because what we offer is actually about earning with the skill(s) learnt unlike others that will just train. Earning online is beyond just learning/having a skill...you will be mentored on how and where u can earn online. Drop your digits if you want to be part of the many freelance earners. Ebowo:Incomplete... Wittyness 7 Likes 2 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by superemmy(m): 4:26pm On Aug 11, 2023 |
Why not ban bureau de change 19 Likes |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Badassniggga(m): 4:26pm On Aug 11, 2023 |
Another round of shalaye. 18 Likes 1 Share |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by gaby(m): 4:26pm On Aug 11, 2023 |
Mechanical Engineer CBN governor of the wailers.... Dey wait for me to bring my diasporan remittance assuming I had any to you and your alibaba mates at your useless cursed rates to embezzle. Did you give me funds at any official rate to go hustle my diaspora remittance? All of una dey mad. 74 Likes 9 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by AwokenVawulence: 4:26pm On Aug 11, 2023 |
Vawulence:Freestuffng,throwback, HELLANUS,msh247, emperorceaser, IconicR over to you guys 17 Likes 3 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Bubu4Sea: 4:26pm On Aug 11, 2023 |
From AbokiFX now na Diaspora Remittances dey weaken naira I beg make we break this this country so Ebola & Boko Haram commander can rule you as they want. 53 Likes 5 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by BouquiLake: 4:26pm On Aug 11, 2023 |
Shey na ordinary Nigerans did the diversion? Awon Wereyyy nlfpmod: 3 Likes |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by ideynl1: 4:26pm On Aug 11, 2023 |
Oga CBN, no be you go tell person how him to spend his hard earned foreign currency. Always giving an excuse. 34 Likes 2 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Rayom: 4:27pm On Aug 11, 2023 |
Ghen ghen.... 2 Likes 1 Share |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Typing: 4:27pm On Aug 11, 2023 |
The present CBN Governor is the most incompetent. He seems to have zero knowledge about his job. Under his watch and within 2 months dollars has gone about 500% high. 53 Likes 6 Shares
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Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by festacman(m): 4:27pm On Aug 11, 2023 |
1 Like |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Jetline: 4:27pm On Aug 11, 2023 |
Do you want to control CBN(oil money) and also control my personal forex and how I decide to spend it? 29 Likes 2 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by 49cents(m): 4:27pm On Aug 11, 2023 |
You want diaspora remittance but you refused them from voting because the crooks know diaspora are exposed and won't fall for rubbish candidates 53 Likes 5 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Obagreatdatoye(m): 4:27pm On Aug 11, 2023 |
Hmmm... |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by JimohMomoh: 4:27pm On Aug 11, 2023 |
Always looking for who to blame, they will never blame themselves. The lay man on the street knows that if we curb inflation,boost manufacturing and start exporting finished products (not raw materials) then our currency will stabilize on it's own. The recent report on that Siemens deal is enough to scare away foreign investors. 12 Likes |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Lexusgs430: 4:27pm On Aug 11, 2023 |
We don't have a CBN governor......... 🤣😁 People have the freedom to exchange their money, anywhere they desire......... 😁 16 Likes 2 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Birikiti: 4:28pm On Aug 11, 2023 |
The explanation don pass the work! When you were floating the naira, didn't you consider all scenarios and put contingency plans in place? If you can't do the work, please leave the post! 31 Likes 4 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by RealEmilokan: 4:28pm On Aug 11, 2023 |
No, these excuses we keep making is what is weakening the Naira. So so talk no action. APC never accept responsibility for anything, we are in for some real sh+t. 17 Likes 1 Share |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by sotall(m): 4:28pm On Aug 11, 2023 |
You made the country unbearable for them to live and they left. You hoarded all the jobs and gave it to your family, tribe and religion. Now you want them to remit their hard earn foreign currency to your channel of corruption. Una never see shege. 34 Likes 6 Shares |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by Bobloco: 4:29pm On Aug 11, 2023 |
Re: Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN by phkka1(m): 4:29pm On Aug 11, 2023 |
May I know how this money gets into the hands of the black market 2 Likes 2 Shares |
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Start Making good money from Gem Stones / Naira Likely To Weaken Further - Zainab Ahmed (Finance Minister) / Naira Trades At ₦1,730/$ At Parallel Market
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