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Nairaland Forum / Nairaland / General / Investment / New Forex Policy: Stock Market Records Best Global Performance (21383 Views)
Stocks Market Records N314bn Gain In First Half / Re: New Forex Policy - Depreciation, Not Devaluation? / IMF To Buhari: Your Forex Policy Is Distorting The Economy. (2) (3) (4)
New Forex Policy: Stock Market Records Best Global Performance by dre11(m): 9:52am On Jun 17, 2016 |
• Gains N 500bn In Two Days NEC Backs CBN On Flexible Rate After recording massive loss in recent times , there seems to be a ray of hope for investors, as the stock market reacted positively with a gain of N 500 billion or 5.38 percent in the last two trading days following the release of framework for flexible forex policy by the Central Bank of Nigeria (CBN). https://newtelegraphonline.com/new-forex-policy-stock-market-records-best-global-performance/ 6 Likes 1 Share
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Re: New Forex Policy: Stock Market Records Best Global Performance by kingphilip(m): 10:18am On Jun 17, 2016 |
Ok |
Re: New Forex Policy: Stock Market Records Best Global Performance by proeast(m): 1:33pm On Jun 17, 2016 |
Thats a welcome development, Nigeria going beyond this depth of hopelessness could result to anarchy! Our diaspora brethren could help both the economy & themselves by investing in assets like land here in Nigeria through remittances. Its a win-win situation because their hard currency is now over-valued since the CBN removed the peg on naira. We at Galaxy Properties are here to make sure that no shylock relative or friend rips you off, as we will have direct transaction with you while they come for inspection & feed back to you on their observation. 4 Likes 1 Share |
Re: New Forex Policy: Stock Market Records Best Global Performance by martineverest(m): 1:33pm On Jun 17, 2016 |
my optimism is growing daily 2 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by erico2k2(m): 1:34pm On Jun 17, 2016 |
All this noise let Monday come.I thought they suspended forex trade until monday? ?? 3 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by martineverest(m): 1:35pm On Jun 17, 2016 |
erico2k2:wailer,stop listening to wrong info,take ur time to read and comprehend 56 Likes 1 Share |
Re: New Forex Policy: Stock Market Records Best Global Performance by joey150(m): 1:35pm On Jun 17, 2016 |
Another lie?? Every new policy from this government always seems awesome the first few days. I hope this one is for real 4 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by iamarvye(m): 1:35pm On Jun 17, 2016 |
H |
Re: New Forex Policy: Stock Market Records Best Global Performance by cheddahboy(m): 1:35pm On Jun 17, 2016 |
How will this affect the layman or street hustlers? ..that's all I need to know 3 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by dgr8truth(m): 1:35pm On Jun 17, 2016 |
Re: New Forex Policy: Stock Market Records Best Global Performance by raphealolami(m): 1:35pm On Jun 17, 2016 |
Nigeria shall be great again and we will all witness and eat the fruit thereof. 5 Likes 1 Share |
Re: New Forex Policy: Stock Market Records Best Global Performance by Lasgidy1(m): 1:36pm On Jun 17, 2016 |
Good things keep happening once The Ajala is not in town. I pray he stays put in his UK constituency till May 28th 2019 23 Likes 1 Share |
Re: New Forex Policy: Stock Market Records Best Global Performance by ShutdownBrown24(m): 1:37pm On Jun 17, 2016 |
Abi |
Re: New Forex Policy: Stock Market Records Best Global Performance by Anijay1212(m): 1:37pm On Jun 17, 2016 |
Slow and steady,we are getting there. 1 Like |
Re: New Forex Policy: Stock Market Records Best Global Performance by Nobody: 1:37pm On Jun 17, 2016 |
Imagine they did this six months ago The frontpage news of today would have been soo different. 3 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by msjijitar(m): 1:37pm On Jun 17, 2016 |
Nigeria's economy rebirth underway, _ LAI MOHAMMED
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Buhari is working 3 Likes 3 Shares |
Re: New Forex Policy: Stock Market Records Best Global Performance by laurel03(m): 1:40pm On Jun 17, 2016 |
9ja my country bad market for some people |
Re: New Forex Policy: Stock Market Records Best Global Performance by Nobody: 1:40pm On Jun 17, 2016 |
In Nigeria, we want everything quick,quick cash,quick money,quick sex,quick economics effects and quick results. I believe with time we will see the effects of patience with focus. This is what Nigeria needs now not quickies.Slow,steady wins the....... And by few weeks to come when foreign reserve is opened, and banks are forced to trade FX according to polices, then we likely see more boost. And for those stalking dollars inside hole hoping to get to 1000, na cockroaches go soon turn am to toilets. 9 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by babdap: 1:41pm On Jun 17, 2016 |
Make I hear Buhari is a duallard for this thread. 2 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by abtywo(m): 1:42pm On Jun 17, 2016 |
Summary please :PSummary please 1 Like |
Re: New Forex Policy: Stock Market Records Best Global Performance by chuose: 1:42pm On Jun 17, 2016 |
[size=14pt]If this is true then it's good for Nigeria that Buhari is absent. Let him remain in London and let Osunbade continue we are waiting for the promise of N1 to $1 [/size] 6 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by dayyabuyau(m): 1:42pm On Jun 17, 2016 |
Wailers how market? 2 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by eleojo23: 1:43pm On Jun 17, 2016 |
I am just waiting for Monday to hear the new exchange rate. That is my major concern now 'cos I've got some dollar transactions to make. 2 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by Pavore9: 1:43pm On Jun 17, 2016 |
Waiting for next week. 1 Like |
Re: New Forex Policy: Stock Market Records Best Global Performance by Miles300: 1:43pm On Jun 17, 2016 |
Ok , so what then will be the xchange rate this is something that they haven't come out with yet ..the floating of the currency is a short term policy that is aimed at stabilizing the currency and reduce pressure on the foreign reserve , the Cbn intend to make the foreign market an open market in which prices will be determined by market forces , supply and demand and in so doing more dollar will be made available but it remains to be seen what the xchange rate will be against the dollar .hopefully on Monday 1 Like |
Re: New Forex Policy: Stock Market Records Best Global Performance by Oblitz(m): 1:43pm On Jun 17, 2016 |
his ego didn't let him do this months ago. imagine all the hardship we've been thru just because of one tyrant. don't quote me o! i didn't mention any name o! 8 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by biggy26: 1:44pm On Jun 17, 2016 |
After much hesitation from Mr. President, he finally let go. Better late than never. Good development. |
Re: New Forex Policy: Stock Market Records Best Global Performance by amtaken(f): 1:46pm On Jun 17, 2016 |
This is simply telling us that we are better off without Buhari. Can he please stay put in London? 5 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by eleojo23: 1:47pm On Jun 17, 2016 |
Lasgidy1: 5 Likes |
Re: New Forex Policy: Stock Market Records Best Global Performance by shaddoww: 1:48pm On Jun 17, 2016 |
All I sha wan see na development 1 Like |
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