₦airaland Forum

Jelal0007:
If Attahiru Ibrahim could be changed in such a short time,then it means there's a problem somewhere.

jpphilips:
Excess crude revenue account is an account of the fg, that temporarily houses the differential between senate oil benchmark and its true market value. section 162 forbids the fg from neither keeping it to itself nor appropriate it for her use. same with everyother earnings of the FG.
Foreign reserve is a component of the federation account used to be called stabilization funds (i have no clue what they call it lately) usually saved abroad presumed to represent a contingency fund, in practice it usually guarantees foreign direct investments.

Kalapizim:
perhaps a new appointment as branch chief. I like his tactic of interceptions.

abiodunalasa:
*off topic*
Senior men help me identify these groundnuts...

Stephandeswardt:
9× 19mm
5.5
7.62×39
7.62 nato

Stephandeswardt:
9× 19mm
5.5
7.62×39
7.62 nato

jpphilips:
Excess crude revenue account is an account of the fg, that temporarily houses the differential between senate oil benchmark and its true market value. section 162 forbids the fg from neither keeping it to itself nor appropriate it for her use. same with everyother earnings of the FG.
Foreign reserve is a component of the federation account used to be called stabilization funds (i have no clue what they call it lately) usually saved abroad presumed to represent a contingency fund, in practice it usually guarantees foreign direct investments.

Jelal0007:
Tactic of interceptions how? Care to expantiate?

QuietMynd:
Bro, no country saves its foreign reserve abroad except some france puppet in west africa which choose to give france their own reserve to save.

First of all "what is foreign reserve"
"Foreign reserve" is also "Foreign exchange reserves"
Foreign exchange reserves are reserve assets held by a central bank in foreign currencies, used to back liabilities on their own issued currency as well as to influence monetary policy.

let me also explain this way.
Whenever there is FDI ( foreign direct investment)
It comes in hard currency( dollar, euro, yen, pounds), and it goes into a bank,once it is in a bank it is visible to the system.
Once the owner start converting it to naira to buy something then it start going into the federation reserve.

Stephandeswardt:
9× 19mm

5.5

7.62×39

7.62 nato

Habane:
Nigerian police in Mali

Adminisher:
I am very shocked by how little you know about what foreign reserves are. How it is built up, maintained and why it fluctuates.
It is only on Nairaland you can post this and not feel embarrassed. Sad.

bidexiii:
Cameroon Intensifies Military Crackdown On Anglophone Separatists

Cameroon’s government ordered thousands of villagers to leave their homes in the Anglophone Southwest region as it deploys troops to root out armed separatists who have vowed to loosen President Paul Biya’s long grip on power.

READ MORE: http://saharareporters.com/2017/12/07/cameroon-intensifies-military-crackdown-anglophone-separatists

bidexiii:
Cameroon’s Anglophone Crisis Spills Over Into Nigeria



https://www.channelstv.com/2017/12/08/cameroons-anglophone-crisis-spills-over-into-nigeria/

tdayof:
Blablablabla. I hope this doesn't lead to military confrontation on both sides by the border.

lionel4power:
Please it should...


Remember our SBS VS BIR arguments that time. let see who was right

lionel4power:
Please it should...


Remember our SBS VS BIR arguments that time. let see who was right

horlams:
Men should die because of a useless argument on a thread abi? I salute your wisdom

jpphilips:

I can gladly assume you have no clue where your foreign reserve is domiciled.

QuietMynd:
Nigerian foreign reserve is with the cbn.
If nigeria reserve is abroad wont we be hearing fg have requested for $20b from our reserve kept abroad to fund a capital project.

Am I nt be active in a military related discussion but when it comes to economics am very sure about what am talking about because this is what i study in school and what deal in everyday.

Am sure u dnt even knw how reserve works,
How it increases, why it was depleting before, why it is increasing now, how it influences a countrys currency against foreign currencies.

QuietMynd:
Nigerian foreign reserve is with the cbn.
If nigeria reserve is abroad wont we be hearing fg have requested for $20b from our reserve kept abroad to fund a capital project.

Am I nt be active in a military related discussion but when it comes to economics am very sure about what am talking about because this is what i study in school and what deal in everyday.

Am sure u dnt even knw how reserve works,
How it increases, why it was depleting before, why it is increasing now, how it influences a countrys currency against foreign currencies.