Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,153 members, 7,977,319 topics. Date: Thursday, 17 October 2024 at 05:19 AM |
Nairaland Forum / Nairaland / General / Business / Foreign Suppliers Reject Letters Of Credit (23679 Views)
Nigeria’s Letter Of Credit Payments Fall By 63% In Q1 2024 - Nairametrics / Adamawa BDC Operators Reject Dollars As Naira Rebounds At Parallel Market / Providers Of Business Loan, SBLC, Bank Guarantee, Letter Of Credit, SME Loan, (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Foreign Suppliers Reject Letters Of Credit by Nobody: 1:10pm On Sep 26, 2023 |
3 Likes
|
Re: Foreign Suppliers Reject Letters Of Credit by Exceed15: 1:10pm On Sep 26, 2023 |
Shege banza+++ 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by EleventhWeirdo: 1:10pm On Sep 26, 2023 |
franchasofficia: Lol the smartest in your cave region would be average in SW in general and Lagos in particular. |
Re: Foreign Suppliers Reject Letters Of Credit by Henix(m): 1:11pm On Sep 26, 2023 |
Nigeria's economy is on the verge of total collapse 8 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by Xscape1993(m): 1:11pm On Sep 26, 2023 |
PrinceOfLagos:I never liked his personality for one second.... 3 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by ebufa: 1:12pm On Sep 26, 2023 |
masseratti: leave emefiele and call Buhari and his fulani crew! 5 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by gabbytabby: 1:13pm On Sep 26, 2023 |
The usual fake news merchants and enemies of Nigeria at it again. The last time I heard letters of credit was about 30 years ago when some Nigerians presented a fake one to my employers to buy office products including computers nobody collects that anymore from Nigerians. They sat down and were eating chicken leg when I went to see them before we sent them on their way. treesun: |
Re: Foreign Suppliers Reject Letters Of Credit by Evolutionism: 1:18pm On Sep 26, 2023 |
Trouble looms okay. 2 Likes |
Re: Foreign Suppliers Reject Letters Of Credit by Fenomenal124(m): 1:18pm On Sep 26, 2023 |
treesun:We can only hope for better days ahead!! Do well to trade with us!! We offer juicy and high rates...!! @D'great Investment and Online Trading service LTD!! 08145089926..... WhatsApp |
Re: Foreign Suppliers Reject Letters Of Credit by gabbytabby: 1:20pm On Sep 26, 2023 |
The central bank does not give guarantees on fx forwards transactions like everyone else you gamble that’s on you. treesun: |
Re: Foreign Suppliers Reject Letters Of Credit by Mosba: 1:20pm On Sep 26, 2023 |
I was thinking this would happen after few more weeks, guess my calculation was wrong. 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by ValarDoharis: 1:21pm On Sep 26, 2023 |
Tinubu’s govt bury Nigeria Morbeta11: 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by mrjojo: 1:22pm On Sep 26, 2023 |
There is no wall nor limits for Nigerians, Push them to the brink they'll dig a hole and tunnel through. 4 Likes |
Re: Foreign Suppliers Reject Letters Of Credit by fa4dmike(m): 1:23pm On Sep 26, 2023 |
E don happen. Illiteracy is our problem in this country. We have a lot of educated dunce in Nigeria. Foolish people that will see the right thing and because of tribalistic ego, decide to be stupid in their decisions. The effect is shooting at them. Them no get money to buy data again at least to support blindly. 4 Likes 1 Share
|
Re: Foreign Suppliers Reject Letters Of Credit by Nobody: 1:24pm On Sep 26, 2023 |
Hmm |
Re: Foreign Suppliers Reject Letters Of Credit by Jennieee4(f): 1:25pm On Sep 26, 2023 |
Hmm |
Re: Foreign Suppliers Reject Letters Of Credit by DrMuzungu(m): 1:25pm On Sep 26, 2023 |
This is what happens when you have to choose the lesser of 2 evils! No matter how bad they are, I am sure Zombidients would not let this happen. |
Re: Foreign Suppliers Reject Letters Of Credit by Abagworo(m): 1:27pm On Sep 26, 2023 |
Morbeta11: Tinubu buried Nigeria not Buhari. Buhari and Tinubu said same thing about Jonathan in 2015. 6 Likes 2 Shares |
Re: Foreign Suppliers Reject Letters Of Credit by Hussein035: 1:27pm On Sep 26, 2023 |
franchasofficia: I still believe it will get better, the purpose is to stop useless importation of unnecessary goods. These people selling to us should come to Nigeria and be producing those things we are importing. How can we be importing toothpick, important rice, still import fuel etc They should reject every letter and let our useless importers come together to set up manufacturing of this things. More than 20 importers of fuel, why can't these useless fuel importers merge and build few refinery but greed will not allow them. No one has the masses in mind, just wealth and wealth for their unborn children 4 Likes |
Re: Foreign Suppliers Reject Letters Of Credit by Nobody: 1:28pm On Sep 26, 2023 |
Chai! The children of a butcher who cannot even get bones to lick. Ronu oooo! Lele lele lele!! Baby oya Ronu oooo!!! La lala lala!!!!!! 5 Likes 1 Share
|
Re: Foreign Suppliers Reject Letters Of Credit by Winning123: 1:28pm On Sep 26, 2023 |
Floating of Naira is not the issue. The issue is that we were not selling enough oil to earn dollars due to stealing in the Niger Delta for many months. At some point we were only producing 800 thousand barrel per day instead of 1.7m barrel per day. All the useless Obi people don't know anything. Obi is lucky he did not win. This is not the best of time to be president of Nigeria. However I know we will pull through mrvitalis: 1 Like |
Re: Foreign Suppliers Reject Letters Of Credit by MacTayyy: 1:29pm On Sep 26, 2023 |
This is bad |
Re: Foreign Suppliers Reject Letters Of Credit by Emmytrill(m): 1:29pm On Sep 26, 2023 |
Peter Obi told us this last election was an existential one. 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by Fiscus105(m): 1:29pm On Sep 26, 2023 |
By now, Tinubu is supposed to have banned several imported goods and services that are not extremely needed by citizens. All these dollarisation" of nigeria economy should stop. One major reason I'm not fully surporting Tinubu from primary election til now, he is a type that won't be able to fight corruption head on, and without significantly degraded corruption, no policy introduce that would work ultimately. 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by ajimo54(m): 1:29pm On Sep 26, 2023 |
treesun: The Press are the one pushing the country into the holes due to very negative reports! Once they hear one rumour, the next thing is to report it so they can be popular! |
Re: Foreign Suppliers Reject Letters Of Credit by InvertedHammer: 1:30pm On Sep 26, 2023 |
/ You little kids with no background in Nigerian history. Buhari left Nigeria in tatters the way he left it in 1984/5. My prediction: Many of you here will live your full life and die while still hoping for a better Nigeria like your grandparents. / 2 Likes |
Re: Foreign Suppliers Reject Letters Of Credit by JuanDeDios: 1:30pm On Sep 26, 2023 |
mrvitalis:Not true. (Not that I support subsidy removal and naira certainly hasn't been "floated".) You have zero understanding of what's going on. 1 Like |
Re: Foreign Suppliers Reject Letters Of Credit by Diligent1(f): 1:31pm On Sep 26, 2023 |
Buhari |
Re: Foreign Suppliers Reject Letters Of Credit by dragunov: 1:32pm On Sep 26, 2023 |
nedu666: You guys don't really understand the politics behind the 2019 decision. Tinubu is APC. That was his political platform upon which his presidential ambition was to launch. Buhari was APC and refused to leave. Fighting Buhari would have collapsed the political base and structure he had spent so much time, efforts, finances to meticulously build. The Northerners would have destroyed everything if they didn't use "their" 8 years. Then, the only meaningful political structure was PDP who was fielding another Fulani man. You do the calculations. If he helped kick Buhari out( which he could do), Atiku will become president. Atiku will want his 8 years complete and there was nothing the South would have been able to do because PDP and the North will ensure that. That means 4+8=12. 12 long harrowing years under Fulanis. Or do you think Atiku will do anything different? Do you think Fulanis would not have adequate time to irrevocably complete the Fulanization agenda that Buhari started? Do you think the Fulani impunity would not have grown astronomically? Who knows whether the South would ever exist by then. So it's either he lets the North have their 8 yrs under APC or risk letting them have 12 years. If someone like Peter Obi had come up then instead of Atiku, maybe Tinubu would have supported him. 2 Likes 1 Share |
Re: Foreign Suppliers Reject Letters Of Credit by MeineMutter: 1:32pm On Sep 26, 2023 |
It’s a blessing in disguise. It will force us to think inward and be more productive, locally, and force foreign currencies to go down against Naira. 2 Likes |
Re: Foreign Suppliers Reject Letters Of Credit by BloomingDale(f): 1:33pm On Sep 26, 2023 |
Re: Foreign Suppliers Reject Letters Of Credit by ambale(m): 1:34pm On Sep 26, 2023 |
masseratti: Why the panic? A first class accountant and a master strategist dey rule una, you wan give up Give him time abeg😄 1 Like |
(1) (2) (3) (4) (5) (6) (Reply)
Shareholders Funds Wiped Out As MTN Nigeria Incurs N740bn FOREX Losses / Nigerian Cooking Gas Business Unveiled / Ughelli Main Market In Delta On Fire, Traders Struggle To Salvage Goods
(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. 37 |