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Nairaland Forum / Nairaland / General / Business / CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals (18872 Views)
CBN Lifts Ban On BDCs, Introduces New Operational Mechanism / Naira Falls After CBN Stops Forex Sales To BDCs / Naira To Trade At 386/$ As CBN Resumes Forex Sale To BDCs (2) (3) (4)
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Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by Omoapena(m): 3:51am On Feb 27 |
skj1377: You have foresight... Once this is implemented, naira will crash drastically against dollar... |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by danowena: 4:42am On Feb 27 |
skj1377:Someone with sense |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by tonicyril: 5:41am On Feb 27 |
Omoapena:it has bn said before that bta/pta is canceled, if u need 20k but could get 10k, the remaining 10k would be from electronic transactions and not cash |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by DavidEsq(m): 6:19am On Feb 27 |
yinkus6750:Would that not in turn still raise the scarcity of forex and consequentially the exchange rate? |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by ufotunang: 7:28am On Feb 27 |
Omoapena:...the former vice president of nigeria ,Osibanjo...did knee surgery in a hospital in Lagos and the knee surgery was successful....Osibanjo is Rich...if he wanted to do the knee surgery in abroad foreign hospital he would had done it but he preferred to do.it in nigeria... nigerians have to value what he have in their country., nigerians like foreign things too much... foreign goods, foreign cars, foreign tooth pick, foreign wrappers . that is why the dollars is rising everyday and naira losing value...and nigerians will be the one complaining that why is the dollars rising everyday...and I know we cannot stop nigerians from demanding for dollars...but nigerians should reduce the wsy they demand for dollars and value and patronize what they have in nigeria..at least this will make the naira to have value...the CBN governor said that nigerians spends 10 billion dollars in the last 8years to travel to abroad to school in foreign universities abroad and go for medical treatment abroad... that is 10trillion naira spent...with this why won't the nigeria economy be bad |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by BigDawsNet: 8:25am On Feb 27 |
Geovanni412: Are they restricted from sending more money? You pay deposit 10k Den you pay outstanding later... |
Re: CBN limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals by didymario7(m): 12:04pm On Feb 27 |
tonicyril: That will only apply to "licensed BDCs". The thousands of Aboki selling fx at every other street corner and via whatsapp and telegram who just want to make ends meet will never ask for anything and how are you going to arrest all of them? Simply put, this policy is not enforceable to the point where it will make any meaningful difference. |
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