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President Tinubu Orders CBN To Improve Forex Liquidity - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / President Tinubu Orders CBN To Improve Forex Liquidity (25948 Views)

Naira Falls To N609/$1 On The Illegal Market As Forex Liquidity Remains Poor. / Senate Asks CBN To Suspend ATM Card Maintenance Charges / Naira Declines To 370 As Forex Liquidity Drops (2) (3) (4)

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Re: President Tinubu Orders CBN To Improve Forex Liquidity by Hedonisco: 8:00pm On Aug 14, 2023
Yeah. An impotent man has just 'ordered' his doctor to ensure that his [impotent man's] wife gets pregnant.

Dey play.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by surgical: 8:00pm On Aug 14, 2023
ClassicMan202:
No be only matching orders.... Na running orders



Rubbish...


Just dey shout Emilokan up and down without a single plan
yThose are the type of words they use to deceive their gullible followers just like hit the ground running
That has resulted in fuel over 600, dollars close to a thousand
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Fairview1: 8:00pm On Aug 14, 2023
Good move
Re: President Tinubu Orders CBN To Improve Forex Liquidity by jaxxy(m): 8:02pm On Aug 14, 2023
rubbish
Re: President Tinubu Orders CBN To Improve Forex Liquidity by sotall(m): 8:02pm On Aug 14, 2023
Mr Bulaba asked you to improve forex liquidity like its something you just do by blinking your eyelid grin grin
Re: President Tinubu Orders CBN To Improve Forex Liquidity by LIVINGICONREBOR: 8:02pm On Aug 14, 2023
This country is just a whole bag of comedy. Damn!!
Re: President Tinubu Orders CBN To Improve Forex Liquidity by kingyakos: 8:04pm On Aug 14, 2023
Does the push and start even knows the meaning of forex liquidity
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Sharpsharp00123: 8:05pm On Aug 14, 2023
UbanmeUdie:
shocked


You can't give what you don't have.
The president should keep his ugly mouth shut.
n someone like u want military to take over right?

Can u say this to a major general?
Re: President Tinubu Orders CBN To Improve Forex Liquidity by flokii: 8:05pm On Aug 14, 2023
Emefiele and those cabals he worked for really messed this country up.. I'm just short of words.

1 Like

Re: President Tinubu Orders CBN To Improve Forex Liquidity by Judolisco(m): 8:05pm On Aug 14, 2023
FalseProphet1:
So the CBN governor doesn't know what to do and has to wait for the president to give him marching orders before he implements anything. We truly have block heads holding strategic offices in this country.

This I have seen.
cbn governor na jst figure head now....same thing with Emefiele... D man was jst following orders
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Bfly: 8:05pm On Aug 14, 2023
E don red o. The system is complex
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Topend: 8:08pm On Aug 14, 2023
Liquidity is not the issue,if they are ready to crash the dollar we will know
Re: President Tinubu Orders CBN To Improve Forex Liquidity by begge: 8:11pm On Aug 14, 2023
Agbado the hulabalu
Re: President Tinubu Orders CBN To Improve Forex Liquidity by TheArrowhead(m): 8:11pm On Aug 14, 2023
nlfpmod:

https://www.youtube.com/watch?v=Zh1vAIFwIz4

President Tinubu Gives Acting CBN Governor Matching Order To Improve Forex Liquidity

Na by order?? Which kain tin be dat one? Oríṣiríṣi!!
Re: President Tinubu Orders CBN To Improve Forex Liquidity by primeache: 8:12pm On Aug 14, 2023
You lack intellectual capacity and intelligence to understand my point.

Davemarine:


Go and do it na.
You should be asking, why are they holding dollars and not Naira, you're busy saying trash.
The policy of thief in Aso is what is crippling Naira.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by sterlingD(m): 8:12pm On Aug 14, 2023
Hmmm well what can we say

Re: President Tinubu Orders CBN To Improve Forex Liquidity by Nasri100(m): 8:14pm On Aug 14, 2023
FalseProphet1:
So the CBN governor doesn't know what to do and has to wait for the president to give him marching orders before he implements anything. We truly have block heads holding strategic offices in this country.

This I have seen.

Bro please na i am laughing hard where i am at
Re: President Tinubu Orders CBN To Improve Forex Liquidity by MTNcustomercare: 8:16pm On Aug 14, 2023
Hmmmm
Re: President Tinubu Orders CBN To Improve Forex Liquidity by HNICEARTH: 8:16pm On Aug 14, 2023
FalseProphet1:
So the CBN governor doesn't know what to do and has to wait for the president to give him marching orders before he implements anything. We truly have block heads holding strategic offices in this country.

This I have seen.

What do you expect when a mechanical engineer is in charge of monetary policies.

Square peg in a round hole

2 Likes

Re: President Tinubu Orders CBN To Improve Forex Liquidity by Abufo: 8:19pm On Aug 14, 2023
Kingsmeal:
Marching Order ko, twerking order ni.


Unless Ebola wants to empty the hard currencies in his bedroom into CBN fault




I no fit laff ! ebola thinks the mess his brother in incompetence Buhari,is as simple as looting Lagos dry! the amount of documents he has to sign approvals for daily is enuff to push his delicate bones into a wheelchair! Peter obi would have done a far better job of running government! What business has ebola ever established and run profitably!
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Nobody: 8:20pm On Aug 14, 2023
BOSSkesh:
Step in the right direction
Not only that he should also clamp down on bureau de change and illegal operators and hoarders of forex
What do you understand by forex liquidity?Na so Una hail am for rubbish.

1 Like

Re: President Tinubu Orders CBN To Improve Forex Liquidity by Hoelujohn: 8:23pm On Aug 14, 2023
nlfpmod:

https://www.youtube.com/watch?v=Zh1vAIFwIz4

President Tinubu Gives Acting CBN Governor Matching Order To Improve Forex Liquidity
Simple: anyone holding dollar for more than a week without any tangible reason should be charged to court for treason and penalty should be firing squad or death by hanging. I swear dollar go reach 500 naira under a month.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ceejay80s(m): 8:28pm On Aug 14, 2023
Story.......
Re: President Tinubu Orders CBN To Improve Forex Liquidity by MarketDispatch: 8:29pm On Aug 14, 2023
[quote author=nlfpmod post=125y[/quote]

This Acting CBN gov really said Nothing.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by wildernessVoice: 8:31pm On Aug 14, 2023
Let's monitor the movement bullion vans and know where the dollars is coming.....
Re: President Tinubu Orders CBN To Improve Forex Liquidity by grandstar(m): 8:31pm On Aug 14, 2023
If the liquidity does flow into the black market, it is all a waste. That's where it's needed to clamp down on the spread between it and the official rate. The official rate has been stable but the parallel rate has been the one falling.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Perewenkle1: 8:31pm On Aug 14, 2023
I have said this before, only the bank should be the place to exchange your currency and one at the international airport for those that arrived and needed to exchange some money. Any other location should be charged with breaking the law.

1 Like

Re: President Tinubu Orders CBN To Improve Forex Liquidity by Dialpad: 8:33pm On Aug 14, 2023
The prosecutor has millions of dollars in his account... lol



Hoelujohn:

Simple: anyone holding dollar for more than a week without any tangible reason should be charged to court for treason and penalty should be firing squad or death by hanging. I swear dollar go reach 500 naira under a month.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by musicwriter(m): 8:34pm On Aug 14, 2023
I believe there's high level economic sabotage going on now by people who want a return to fuel subsidy and those who want a return to government regulated special dollar rate.
That's the problem.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by saysoo: 8:36pm On Aug 14, 2023
EMILOKAN Dada. How far? I did it in Lagos kawai. CFA don waka leave Naija for back. IMF was praising you for surbsidy removal, little did you know they were setting you up for more borrowing and devaluation.
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Kukutente23: 8:38pm On Aug 14, 2023
This is part of the misnomer in our system.
The CBN is supposed to be autonomous and not tied to the apron strings of the presidency.
It is the same scenario which led to forex abuses under Buhari.
The CBN should enact and implement monetary policies based on what it believes to be in the best interest of the naira and macroeconomic stability and not the president's whims and caprices.
When the president tells the CBN to dole out dollars to some individuals, no one will hear about it.

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