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Nairaland Forum / Nairaland / General / Politics / Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira (30250 Views)
Isaac Fayose Calls On Tinubu To Seize Dollars In Domiciliary Accounts / Obanikoro To Court: We Airlifted N1.2b For Fayose's Election In 2014 / Ibrahim Obanikoro Domiciliary Account Ban: Why It's Stupid (2) (3) (4)
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Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Omooba77: 3:23pm On Sep 29, 2021 |
jaxxy: What of those men that carry as much as $40,000 cash and lost it airport. Bankers and so called bigmen are the real culprits. |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Mangekyo: 3:23pm On Sep 29, 2021 |
CBTxFactor:I'm low on Chakra 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by samsard(m): 3:25pm On Sep 29, 2021 |
bunto:FYI, if I had converted my savings to Bitcoin this time last year, I'd have at least 2.5 times the value. |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by TenQ: 3:27pm On Sep 29, 2021 |
lalasticlala:Stupid APC people. They wrecked the economy now, they eye the small savings that I have made in my domiciliary account. Please ASK Buhari: How sensible is it to borrow money that you know you dont have enough to pay back? 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Bishopkingsley(m): 3:29pm On Sep 29, 2021 |
lalasticlala: Devils suggestion 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Calitoscassius(m): 3:30pm On Sep 29, 2021 |
FolabiCash:@feel brilliant after morronic submission! ofcourse! He would feel brilliant he is a nizoorian law maker. |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Calitoscassius(m): 3:32pm On Sep 29, 2021 |
And these so called "youths" guy is supposed to be smarter than the old bald headed politicians? 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by dozies: 3:32pm On Sep 29, 2021 |
Small boy brain. Who told you that money can only be kept in banks. I will withdraw mine and infact buy more dollars and hide in my soakaway. Naira will definitely crash to 1000 to a dollar very fast 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Nobody: 3:33pm On Sep 29, 2021 |
The problem with Nigeria is that Nigerians don’t feel any sense of loyalty to Nigeria If not, why will we be saving money in a foreign currency to the detriment of our currency? In other countries, you can’t just go and say you’re looking for dollars. To do what? Eg if you’re in India and you want to do a transaction involving a dollar denominated price, the calculation is done at the point of payment and you’re debited in India’s currency. How can everyone be saving in dollars and yet complaining that naira is falling! |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by chatinent: 3:34pm On Sep 29, 2021 |
I cry when some people say let the youths like this take over. These kinds of youths will only follow the directions of the old and clueless. What a dumbo! Failed state! 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by frowland(m): 3:36pm On Sep 29, 2021 |
Omooba77: Sorry’ |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by samsard(m): 3:36pm On Sep 29, 2021 |
DrBiyums:People are only saving in dollars because the naira is falling, not the other way around. Although it's a bit of both. The problem is we don't earn as much dollars as we need, the government is also borrowing a lot of foreign currency. All the policies led to this. Go and research how the Lebanese government ruined their economy. Economies aren't run on sentiments. 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by eTen94(m): 3:37pm On Sep 29, 2021 |
Omooba77:this is another Desmond idiot, where you hear them speak you know buhari is far better than most of them, the small doc acct we are managing and using to feed our family they want CBN to close it, my brother make we join hand swear for all these idiots in the house 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Comedian2019: 3:37pm On Sep 29, 2021 |
Who's this monkey? 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by neyoohhh: 3:37pm On Sep 29, 2021 |
The dollar is still in Nigeria, banning will push people to withdraw and exit the fund's into foreign domiciled accounts leading to a shortfall in supply. Brainless Man 9 Likes 1 Share |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Comedian2019: 3:39pm On Sep 29, 2021 |
DrBiyums:No country uses only its own currency. 8 Likes 1 Share |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by toxtimmy: 3:40pm On Sep 29, 2021 |
Lol... I can open a US dollar account in UK and Canada, and those are the only 2 countries I needed to open US dollar account for my personal use. To show how block headed this guy dey think is when you realise he is even saying for those people that have domiciliary account, they will have no access to thier funds for 12 months just to see if his idea would work.... I end with lol. With my zero class in economics I know as far as the Nigerian economy is based on import import import and import with zero or minimal manufacturing exports etc. then there is nothing CBN can do, it's a free fall for Nigeria to the beyond the bottom of the pit. Maxymilliano: 2 Likes |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Newboss(m): 3:40pm On Sep 29, 2021 |
Open a US based company. Then use the company to open a US bank account. You don't need domiciliary account |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by proeast(m): 3:40pm On Sep 29, 2021 |
lalasticlala: Desperation and stupidity may eventually sink Nigeria before its due date |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Omooba77: 3:41pm On Sep 29, 2021 |
frowland: How will it crash, I am sure you don't understand basic ecomomics. Since they closed AbokiFX, how much has naira gained? If you shut dom accounts, there will be job loss, no one will be able to import anything because we are not manufacturing nation Many banks will shut down, especially those servicing dollar dominated transactions...... 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by wonlasewonimi: 3:42pm On Sep 29, 2021 |
What a remarkable idea. So, everyone doing legit business and receiving inflows in dollars should be converting them to naira at cbn rate abi... Waste of space. |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Newboss(m): 3:44pm On Sep 29, 2021 |
neyoohhh: As in eh, corporate helicopters go dey load dollars from Ikoyi directly to our neighboring countries. From there, they wire it into foreign bank accounts. 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by shadrach77: 3:46pm On Sep 29, 2021 |
orlabass:Please pardon my ignorance. What does domiciliary account mean? |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by einsteine(m): 3:48pm On Sep 29, 2021 |
This is a youth. His father was allegedly one of those who rigged Ekiti state election only to join APC and not just have his sins forgiven but also have his children get positions that are above their level of intelligence. 2 Likes |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by einsteine(m): 3:53pm On Sep 29, 2021 |
easzypeaszy: You know nothing. If you do this, not only will dollars hit 10,000, the Nigerian economy will enter into a negative phase that it will not recover for the next ten years as there will be an irreversible destruction of trust. For those idiots saying that there are no foreign currency accounts abroad, are you people normal? Every big bank anywhere in the world allows you operate accounts in the major currencies of the world. It's just that due to the inability of the Naira to hold value over long periods of time, more and more Nigerians have opened domiciliary accounts to keep foreign currencies as a hedge. 2 Likes |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by Nobody: 3:54pm On Sep 29, 2021 |
DrBiyums:you are on point here,Nigerians are useless i don't blame them how do you have another country account in your own country CBN governor is so useless and AGF of this country lets speak the truth they should close it 2 Likes |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by descarado: 3:55pm On Sep 29, 2021 |
Why are u guys crucified this man. He is absolutely right. Unless somebody tells me any civilised country that operate same account. When we stop this, it will motivate us to stop relying on anything foreign. It's a cankerworm 2 Likes |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by owagbeba: 3:56pm On Sep 29, 2021 |
RPirez: Brother, the guy sabi book for school? How him go come up with this most utter nonsense for a policy? Our current banking requires that you have a dormicilliary account for foreign inward/outward remittance. If them send you money from abroad, e go enter dormicilliary account. If you wan send money abroad, you must put the foreign currency for dormicilliary account then fill form fir where the money dey go. 2 Likes 1 Share |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by orlabass(m): 3:56pm On Sep 29, 2021 |
Google is our friend shadrach77: 1 Like |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by descarado: 3:57pm On Sep 29, 2021 |
einsteine:It will go up and level down. Simple economics. As long as cbn is not supplying politicians and their cronies behind door. In 3 yrs, we all will think Nigeria. 1 Like 1 Share |
Re: Ibrahim Obanikoro To CBN: Close Domiciliary Accounts For 12 Months To Save Naira by frowland(m): 3:58pm On Sep 29, 2021 |
Omooba77: I have already edited my post because I am very busy today and won’t be able to engage effectively in social discussions. Thanks’ for the reply nonetheless. |
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