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Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsDid You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History (544 Views)

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Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by NaijaphiliaBlog(op): 8:28pm On Aug 21, 2024
During the month of July 2024, Nigeria experienced a massive surge in forex remittance inflows, reaching a total $553m.

According to the Central Bank of Nigeria (CBN), this is a 130% rise over the corresponding period of 2023 and is the highest monthly inflow on record.

In a statement released Tuesday 20 August 2024 by Hakama Sidi Ali, CBN’s acting Director of Corporate Communications, it said the increase is a consequence of ongoing efforts by CBN to enhance liquidity in Nigeria’s foreign exchange market.


SOURCE
https://naijaphilia.com/blog/2024/08/21/did-you-know-nigeria-just-had-its-highest-ever-fx-inflow-in-history/

Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Nobody: 8:31pm On Aug 21, 2024
huh huh
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by SadiqBabaSani: 8:34pm On Aug 21, 2024
Lies upon lies
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Ikaeniyan0: 8:43pm On Aug 21, 2024
SadiqBabaSani:
Lies upon lies
It's a lie because you said so abi wyere
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Ennyjude(f): 8:48pm On Aug 21, 2024
Wetin you wan make we do now?
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by NigeriaMustFly: 8:52pm On Aug 21, 2024
Ennyjude:
Wetin you wan make we do now?
Excellent question!
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by PraizHim: 8:52pm On Aug 21, 2024
Cooked up numbers that they will still deny in coming months.
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Sonyboom: 8:53pm On Aug 21, 2024
Na only fx inflow we go chop
The hardship brought by floating the dollar n subsidy removal when will it abate ?

Abi because person support Tinubu mean say make perosn no fit use him head.


NaijaphiliaBlog:
During the month of July 2024, Nigeria experienced a massive surge in forex remittance inflows, reaching a total $553m.

According to the Central Bank of Nigeria (CBN), this is a 130% rise over the corresponding period of 2023 and is the highest monthly inflow on record.

In a statement released Tuesday 20 August 2024 by Hakama Sidi Ali, CBN’s acting Director of Corporate Communications, it said the increase is a consequence of ongoing efforts by CBN to enhance liquidity in Nigeria’s foreign exchange market.


SOURCE
https://naijaphilia.com/blog/2024/08/21/did-you-know-nigeria-just-had-its-highest-ever-fx-inflow-in-history/
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by NigeriaMustFly: 8:54pm On Aug 21, 2024
ClearFlair:
huh huh
Indeed!
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by GreenxGreen: 10:25pm On Aug 21, 2024
Same with inflation and Hardship grin grin grin

Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Mrexcell(m): 12:31am On Aug 22, 2024
Ordinary nigerians on the streets don't feel the impact so what's the big deal? This tinibu's apc govt don't even believe in statistics so how do nigerians take this info as the true fact?
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by BitterTruth0001: 1:08am On Aug 22, 2024
Southerners propping up the country
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by Oriental4: 1:35am On Aug 22, 2024
Its shows increasing poverty. Relatives broad are pumpingin money to save their people in Nigeria from starvation.
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by NigeriaMustFly: 1:58pm On Aug 22, 2024
Oriental4:
Its shows increasing poverty. Relatives broad are pumping in money to save their people in Nigeria from starvation.
Interesting perspective.
Re: Did You Know? Nigeria Just Had Its Highest Ever Fx Inflow In History by tutudesz: 2:08pm On Aug 22, 2024
FX inflow were Dem don spend on top new presidential jet undecided

1 Reply

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