Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,217,568 members, 8,034,699 topics. Date: Sunday, 22 December 2024 at 09:25 AM |
Nairaland Forum / Nairaland / General / Business / Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply (25654 Views)
Naira Depreciates Further As Dollar Sales To BDCs Wobble / CBN formalises dollar sales to BDCs as naira improves / CBN Eyes $10b Revenue From Palm Oil (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by LegendHero(m): 12:34am On Jul 07, 2023 |
The Central Bank of Nigeria (CBN) has permitted International Oil Companies (IOCs) to resume the sale of US dollars to banks in a move aimed at injecting liquidity into the Investors & Exporters (I&E) foreign exchange market.Source: https://businessday.ng/news/article/oil-companies-resume-dollar-sales-to-banks-as-cbn-eyes-supply/ 22 Likes 3 Shares
|
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Nbote(m): 12:45am On Jul 07, 2023 |
Seriously ehn, anyone who supported Buhari should be shot on sight. That useless Mai Suya with his useless "Darling Daddy" rantings should be sent to mop Bar beach. That relic set this nation 50years back 105 Likes 8 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by CodeTemplar: 12:50am On Jul 07, 2023 |
Better late than never. 24 Likes 3 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by totit: 12:51am On Jul 07, 2023 |
I hope the banks would be closely monitored and not be allowed to monopolize and or inflate the direct inflow. 46 Likes 2 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by chatinent: 2:07am On Jul 07, 2023 |
My concern is on virtual dollar card retailers...eg. Payday. They've been so irrational. 7 Likes 3 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Blackdeewhy(m): 2:07am On Jul 07, 2023 |
Confused people. Other than naira, kindly go to aboki to buy your foreign currencies. 4 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by mokset123: 2:58am On Jul 07, 2023 |
Nbote:FYI his number 1 supporter was tinubu who ensured he contested again in 2019 for his own selfish gain even when he may have realized the man was a disaster. 58 Likes 5 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by tunjijones(m): 8:41am On Jul 07, 2023 |
. |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Racoon(m): 8:41am On Jul 07, 2023 |
There would still be forex scarcity because the banks are another crooked institutions entirely. 49 Likes 8 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by bassdow: 8:41am On Jul 07, 2023 |
h |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by bassdow: 8:41am On Jul 07, 2023 |
Nigerian Government with their usual Trial & Error 2 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Triangles1(m): 8:41am On Jul 07, 2023 |
Nigeria problem can't finish just as human being but we can only help family and ourselves to become rich. 1 Like |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by smokinloud(m): 8:42am On Jul 07, 2023 |
This is the best policy a president will ever make!. God bless Tinubu!. God bless Nigeria!!. God bless me and whoever wish the country good!!!. 38 Likes 2 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Nickisindigo(m): 8:42am On Jul 07, 2023 |
chatinent:they go back to the drawing board lol |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by morikee: 8:43am On Jul 07, 2023 |
Good step for now 5 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by citygarden(m): 8:43am On Jul 07, 2023 |
Good, let hope the dollar will depreciate sooner or later. Emefele and Buhari nearly collapse the economy, 17 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by BigDawsNet: 8:44am On Jul 07, 2023 |
Hmmm.. do you guys think with unified exchange rate and naira devaluation policy the Dollar will come down before the end of the year? 3 Likes 3 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by ZaddyJ: 8:44am On Jul 07, 2023 |
1 Like |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by lonecatt(m): 8:44am On Jul 07, 2023 |
Nbote:the guy dey shameless , he can even support shit and call it his darling daddy. 8 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Opolopoopolonio: 8:45am On Jul 07, 2023 |
Cool 1 Like |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by LibertyRep: 8:46am On Jul 07, 2023 |
We want to see the positive impact of these policies soon. That's the real deal. Enough of the theories. 1 Like |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Zupay: 8:46am On Jul 07, 2023 |
mokset123: Tinubu was the chief marketer of Buhari's presidential ambition for his own selfish political ambition which is to become President, himself......so, how many millions of Nigerians that got thrown the pit of excruciating poverty was none of his concern. 13 Likes 2 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by greatiyk4u(m): 8:46am On Jul 07, 2023 |
Trial and error 2 Likes 1 Share |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by naijaboy756: 8:47am On Jul 07, 2023 |
WHICH MUMU STOPPED IT IN THE FIRST PLACE? Well-done Tinubu This frees up some $, and reduces the pressure on the Naira Our innocent Naira murdered by Buhari, Amina and Emefiele 15 Likes 1 Share |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Savechild23: 8:47am On Jul 07, 2023 |
Tired |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by FreeStuffsNG: 8:47am On Jul 07, 2023 |
Racoon:Where will they hide the USD? They will end up in jail las las if they try any nonsense economic sabotage of the nation. Mr Emefiele was not completely altruistic in his plans and that's why he failed. Check my signature for free stuffs! 11 Likes 1 Share |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Kenneth4u205(m): 8:49am On Jul 07, 2023 |
All this hundreds of policies is yet to benefit the common man on the street. Non of this policies has benefited me directly so far 1 Like |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by oluwaseyi0: 8:49am On Jul 07, 2023 |
Way to go Permanently subsidizing dollar is not sustainable, let naira find its true market value 8 Likes 1 Share |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by tete7000(m): 8:49am On Jul 07, 2023 |
mokset123: I always tell people that one of the most unpatriotic people on earth is Tinubu and his APC cohorts. Those guys oppose every reasonable policies of Jonathan's administration to paint the government black and walk their way into power. As far as they are concerned, the end no matter how irrepressible justifies the means. 6 Likes 2 Shares |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by Cutezt(m): 8:50am On Jul 07, 2023 |
As at yesterday, the British pounds traded for 997, hitting 1k soon. 4 Likes |
Re: Oil Companies Resume Dollar Sales To Banks As CBN Eyes Supply by seanfer(m): 8:51am On Jul 07, 2023 |
BigDawsNet: As it is now with the CBN removing the embargo on oil companies selling Dollars to banks, the Naira should appreciate between 10%-15% by the end of the year.. The CBN just need to monitor the banks and sanction/punish any bank that try to sabotage this policy for their own selfish reason.... 25 Likes 5 Shares |
Building On Fire In Computer Village Ikeja (pictures) / Tony Elumelu Receives Belgium’s Oldest National Honour (Photos) / Mile 12 Market Comes Back To Life After Deadly Tribal Clash
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22 |