₦airaland Forum

liveLongNprospa:
E Don dey drop actually.
Yunno all those temporary drops.


But question is how much cbn get? And why the waste of scarce fx

Amigoss:
The cluelessness of this admin would be worse than that of buhari,it will be excuses,propaganda and blaming the previous govt...APC has nothing good to offer Nigerians

BlueRayDick:
TINUBUnomics

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

@ Ibime what does this translate to in layman’s terms ?

Shaytun:
Oh, I thought you were going to ask me why the dollar crash from 948 to 790 in just 48hrs.

GloriousGbola:
NNPC at its core for all the talk about being NNPCL is still a govt entity. NNPC earns fx. But does not have enough fx on hand. Looks like the FG will inject this Fx into the market to counter the current volatility.

NNPC earns it's fx and pays the bank back.

GloriousGbola:
NNPC at its core for all the talk about being NNPCL is still a govt entity. NNPC earns fx. But does not have enough fx on hand. Looks like the FG will inject this Fx into the market to counter the current volatility.

NNPC earns it's fx and pays the bank back.

OasisX:
COAS IN FORWARD OPERATING BASE ERENA, NIGER STATE MOTIVATING TROOPS AFTER ENCOUNTER

Following troops' encounter with insurgents in Zungeru general area of Niger state, in which gallant troops of the Nigerian Army paid the supreme price in defence of our dear country, the Chief of Army Staff (COAS) Nigerian Army, Lt Gen Taoreed Lagbaja arrived Mina, Niger state capital, late night Tuesday 15 August 2023 and today, immediately moved to Forward Operating Base Erena in Shiroro LGA of Niger state, where he was briefed on the current security situation by the General Officer Commanding 1 Division, Maj Gen Bamidele Alabi.

Addressing the troops soon after the brief, the COAS urged them to rally together and be more resolute in bringing the nation's adversaries to their knees and restore sanity in troubled areas. He maintained that the fight against insurgents and bandits is a just cause, in defence of Nigerians and the nation. According to the Army Chief, "Protecting lives and defending your nation are the noblest service anyone can offer. You are therefore in the noble profession of arms and must not allow your morale to dwindle. We must defeat the adversaries of our people and take back every inch of space where they are hibernating in our land", he added.

Gen Lagbaja assured the troops that he will do all within available resources to give Nigerian Army personnel and their families the best in terms of welfare. He disclosed, that this is topmost in the pillars of his Command Philosophy. He directed the immediate reinforcement of the troops with additional combat enablers to enhance their operational effectiveness.

ONYEMA NWACHUKWU
Brigadier General
Director Army Public Relations
16 August 2023

Segedinho:
Do you subscribe to this. ..

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

🤣🤣🤣

BlueRayDick:
TINUBUnomics

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

@ Ibime what does this translate to in layman’s terms ?

Shaytun:
Of course.

It’s a great move, an intelligent and interesting one.

Definitely a bad news for speculators.

nihilistjnr:
At this rate guyman might not need to wait for December to enter Naija.

The olosho discount is looking pretty bänging right now

KingTom:
Just a few weeks away from "Will Fucķ for food" intervention placards

nihilistjnr:
Brah.

Might need to bust out the finsta and start checking what's good outchea

BlueRayDick:
TINUBUnomics

https://www.nairaland.com/7805723/nnpc-secures-3bn-loan-stabilise

@ Ibime what does this translate to in layman’s terms ?

nihilistjnr:
At this rate guyman might not need to wait for December to enter Naija.

The olosho discount is looking pretty bänging right now

Ibukzy:
How true is this

OasisX:
....blur bruh. Wike is likely to be FCT Minister, while Umahi takes charge of Works Ministry.

Ibime:
Is it true that El-Rufai got squeezed out of ministerial slots even after delivering Northern Governors bloc votes for Tinubu?

Ibime:
I guess NNPC are the biggest eaters of dollars as they are main importer of finished crude products

Why Central Bank does not have enough to forward to NNPC is another question

Whatever it is, it's only plaster on a gaping wound. Slowly but surely Dollar will find it's way to N2k with some minor bumps on the way due to Central Bank interventions

raumdeuter:
https://www.nairaland.com/7805824/wike-fct-minister-umahi-works

Ibime:
Is it true that El-Rufai got squeezed out of ministerial slots even after delivering Northern Governors bloc votes for Tinubu?

OasisX:
...make I wait for official confirmation.

raumdeuter:
Nyesom Wike – FCT Minister

Festus Keyamo – Minister of Aviation

Adebayo Adelabu- Minister Of Power

Adegboyega Oyetola – Minister of Transportation

Dele Alake- Minister of Solid Minerals

Muhammed Idris – Minister of Information

Mohammed Badaru- Minister of Defence

Minister of State, Defense – Bello Mattawale

Minister of Finance and Coordinating Minister of the Economy – Wale Edun

Minister of Works- Dave Umahi

Coordinating Minister of Health and Social Welfare – Ali Pate

Minister of Agriculture and food security -Abubakar kyari

Minister of Youths- Abubakar Mohmoh

Minister of Communications and Digital Economy – Bosun Tijjani

Minister of Foreign Affairs – Yusuf Tuga

Minister of Budget and Economic Planning – Atiku Bagudu

Minister of Water resources and sanitation – Joseph utsve

Minister of Steel Development – Shuaibu Audu

Minister of State, Agriculture – Sabi Abdullahi

Minister of Trade and Investment – Doris Anieete

Minister of Humanitarian Affairs and Poverty Alleviation – Betta Edu

Minster or Sport – John Eno

Ministry of Marine and Blue Economy – Bunmi Tunji Ojo

Minister of Petroleum Resources – Yet to be allocated

Minister of Labor and Employment – Simon Lalong

Minister of Special Duties – Zapahnnaih Gazza