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Nairaland Forum / Nairaland / General / Business / CBN Orders DMBs To Sell FOREX To Customers (27967 Views)
CBN Orders Banks To Sell Excess Dollars In 24 Hours / Refinery: We’ll Ask Dangote To Sell Forex At Good Rate — Emefiele / CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes (2) (3) (4)
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CBN Orders DMBs To Sell FOREX To Customers by lusid: 8:51am On Jul 29, 2021 |
The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks, DMBs to sell foreign exchange (FX) to customers. https://www.vanguardngr.com/2021/07/just-in-cbn-orders-dmbs-to-sell-fx-to-customers/ 19 Likes 2 Shares
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Re: CBN Orders DMBs To Sell FOREX To Customers by MajesticKris: 8:56am On Jul 29, 2021 |
Wahala no dey finish!; See the End point to all this story By Next week, after Oga No Receive Dollar's Next week! 8 Likes 2 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by Gbagura: 9:14am On Jul 29, 2021 |
Emefiele is just scoring own goals. 13 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by ehissi(m): 9:14am On Jul 29, 2021 |
F |
Re: CBN Orders DMBs To Sell FOREX To Customers by shiwex: 9:14am On Jul 29, 2021 |
Nigeria is going through a very bad period under this APC government. I see the country sinking. All sorts of financial policies being tested on the economy but none seems to be working. The funny thing is our people will still go out and vote APC even after all this suffering..... 75 Likes 5 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by MANNABBQGRILLS: 9:14am On Jul 29, 2021 |
Benesis:From very reliable sources, this is here to stay for good. They have been going all around this since the beginning of the year. Happy it is here to stay. DMBs are strongly advised to ensure that no customer is turned back or refused FX provided that documentation and all other requirements are satisfiedWhat a very good news to all and sundry. jayjaycee0:Government having a full control and regulation is what really matter at this point in time. The Bureau de change won't have the kinda monopoly they usually have in the past and that is a good one for the masses. The CBN will continue to closely monitor banks conduct and compliance with this directive in order to ensure an efficient FX market for all legitimate users.Way to go. 17 Likes 6 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by tmtech: 9:14am On Jul 29, 2021 |
We always just make some sudden moves without proper planning ... I hope CBN don't bow to BDC's pressure and reverse this decision... Also, CBN should severely punish banks that hoards or fail to make dollar available to buys at the stipulated price 21 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by NwaNimo1(m): 9:14am On Jul 29, 2021 |
5 Likes |
Re: CBN Orders DMBs To Sell FOREX To Customers by ecomalchemist(m): 9:15am On Jul 29, 2021 |
nice one |
Re: CBN Orders DMBs To Sell FOREX To Customers by igbsam(m): 9:15am On Jul 29, 2021 |
If only they'll monitor and implement this order. 24 Likes 3 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by jlinkd78(m): 9:15am On Jul 29, 2021 |
If only it will not be reversed in d next few days then Enefiele will go down memory lane as a courageous CBN Governor 30 Likes 5 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by udele1: 9:15am On Jul 29, 2021 |
Ok. |
Re: CBN Orders DMBs To Sell FOREX To Customers by Akwamkpuruamu: 9:15am On Jul 29, 2021 |
Cash out season for banks 1 Like |
Re: CBN Orders DMBs To Sell FOREX To Customers by ComradeRahmon(m): 9:15am On Jul 29, 2021 |
Someone should explain this to me in simple language biko 2 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by melaniaup: 9:15am On Jul 29, 2021 |
Hmm |
Re: CBN Orders DMBs To Sell FOREX To Customers by douchesnozzle(m): 9:15am On Jul 29, 2021 |
After they have cashed out from parallel exchange rate and destroyed the economy they now remember that banks can issue fx. Confused ppl 12 Likes |
Re: CBN Orders DMBs To Sell FOREX To Customers by kunleiky(m): 9:16am On Jul 29, 2021 |
DUMBs abi DMBs Meanwhile, we will know the result of the policy in no time. 3 Likes |
Re: CBN Orders DMBs To Sell FOREX To Customers by Ventura1: 9:16am On Jul 29, 2021 |
Any moment from now, if you see any northerners castigating Emefiele, know why it is happening. 33 Likes 2 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by Torosk1(m): 9:16am On Jul 29, 2021 |
Yahoo bois right now 2 Likes |
Re: CBN Orders DMBs To Sell FOREX To Customers by Catsofnaija: 9:16am On Jul 29, 2021 |
Economy like ping pong |
Re: CBN Orders DMBs To Sell FOREX To Customers by Sirpaul(m): 9:16am On Jul 29, 2021 |
$1 - N535 as @ today..... before December e go reach N1,000 12 Likes 4 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by Ngasky(m): 9:16am On Jul 29, 2021 |
Good |
Re: CBN Orders DMBs To Sell FOREX To Customers by MANNABBQGRILLS: 9:16am On Jul 29, 2021 |
Torosk1: 4 Likes 2 Shares
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Re: CBN Orders DMBs To Sell FOREX To Customers by Jerryherd: 9:16am On Jul 29, 2021 |
One week one bad policy 2 Likes 2 Shares |
Re: CBN Orders DMBs To Sell FOREX To Customers by EngrEgghead: 9:17am On Jul 29, 2021 |
Good development. This is one good news l have received today, which has made my heart to be glad. I hope it's quickly implemented. Imagine paying a tuition fee at a high exchange rate and almost took a month for it to get to the said school. That's really frustrating. 9 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by LadyExcellency: 9:17am On Jul 29, 2021 |
The best policy of the year by CBN 2 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by berbs: 9:17am On Jul 29, 2021 |
Wahala no dey finish. |
Re: CBN Orders DMBs To Sell FOREX To Customers by Dobbes(m): 9:17am On Jul 29, 2021 |
Worth it only if sustained. 1 Like |
Re: CBN Orders DMBs To Sell FOREX To Customers by Flier: 9:17am On Jul 29, 2021 |
It’s a very good policy,BDC are too corrupt and they are the one controlling the value of Naira Bank just have to make sure dollar is available for every legitimate need at will 8 Likes 1 Share |
Re: CBN Orders DMBs To Sell FOREX To Customers by thomasjoe(m): 9:17am On Jul 29, 2021 |
igbsam:V Of course you know they won't.. The BDC is controlled by the North...connect the dots from there .. Deygo Deygo govt ...sai Changi |
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