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Nairaland Forum / Nairaland / General / Business / BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys (1755 Views)
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BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by NaijaphiliaBlog: 12:06am On Jul 07, 2023 |
The Central Bank of Nigeria (CBN) on Wednesday 05 July 2023, authorized International Oil Companies (IOCs) in the country to resume dollar sales to banks. This action is targeted at boosting dollar liquidity in the Investors & Exporters (I&E) window and thereupon helping to clear the huge overhang of FX demand. ... To continue reading: https://naijaphilia.com/blog/2023/07/06/breaking-cbn-lifts-dollar-restrictions-imminent-naira-windfall-for-oil-companies/
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Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Adurax: 12:09am On Jul 07, 2023 |
We are watching |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by ScrapMetals: 12:09am On Jul 07, 2023 |
We buy scrap metals |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Opolopoopolonio: 12:15am On Jul 07, 2023 |
Ok |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Sammy4Joy: 3:58am On Jul 07, 2023 |
Hopefully, freeing up the FX market will eventually lead to significant FDI inflows. 1 Like |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Parachoco: 4:41am On Jul 07, 2023 |
Nice One |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by kingsways: 5:00am On Jul 07, 2023 |
This will bring the exchange rate to less than #700 a Dollar 1 Like |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Olachase(m): 6:07am On Jul 07, 2023 |
Anyway no problem |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by crossfm: 6:41am On Jul 07, 2023 |
Hehehe . My own is let it favour Nigerians. |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by Ogamysamo: 8:41am On Jul 07, 2023 |
Will It Strengthen Naira Or Not? I Don't Anything That'll Further Affect Our Naira O! Naira That Government Has Killed It Is Now Asking Investors To Invest In It By Exchanging Their Dollar... Is It A Legit Business? Unless It's Something That'll Profit Them, I Don't Think They'll Want To Do It Just Because Government Said So |
Re: BREAKING! CBN Lifts Dollar Restrictions – Imminent Naira Windfall For Oil Coys by talk2hb1(m): 11:50am On Jul 07, 2023 |
Ogamysamo:My Fear Too, if it doesn’t profit them, then it’s a No No |
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