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Nairaland Forum / Nairaland / General / Business / CBN Reforms Boost Diaspora Remittances By $172m In A Month (5271 Views)
CBN Reforms To Yield Results In Q2 – Cedrus Boss, Olubusayo Adeniyi / Diversion Of Diaspora Remittances To Black Market Weakens Naira - CBN / CBN Introduces ‘Naira 4 Dollar Scheme’ For Diaspora Remittances (2) (3) (4)
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by allthingsgood: 1:55pm On Jun 26 |
VanuatuWycombe:l Why is good news painful to you |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by allthingsgood: 1:57pm On Jun 26 |
humberjade: So what did u gain by this negativity ![]() |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by hmohammed(m): 1:58pm On Jun 26 |
humberjade: Whatever reason you come up with that suits you is fine. The summary is that dollar remittances has gone up, if your are sad with this issue, you know what to do |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by lionshare: 2:16pm On Jun 26 |
humberjade:. This is upside down analysis 😀 |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by HitRun(m): 2:17pm On Jun 26 |
Haha. Politicians are worse than ostriches. They don’t only bury their head in the sand, they use concrete to permanently fix it there. Has it occurred to them that the hardship in the country must have triggered more remittances as Nigerians in diaspora are struggling to help family and friends survive? What nonsense CBN reforms are they talking about? |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by VanuatuWycombe: 2:36pm On Jun 26 |
allthingsgood: Not pained, bro. It’s a misleading news. I would like if CBN can share diaspora remittances for subsequent months after May with us and you would see what I mean. What they just said was a political statement. It wasn’t the reason remittances improved in May. Did it mean that before the CBN directors were sacked, Nigerians abroad were afraid that the directors will steal their money or what? CBN needs to share the trends, month-over-months, and year-over-year. I am an advocate of a better Nigeria but it is not good to mislead our people. 2 Likes |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by allthingsgood: 2:41pm On Jun 26 |
VanuatuWycombe: Ok you are saying its misleading news, but you have no evidence that its misleading. Where is your evidence that the figures brought out by CBN is wrong ![]() ![]() |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by VanuatuWycombe: 2:52pm On Jun 26 |
allthingsgood: I didn’t say it’s a bad news. I said it’s misleading. Sharing subsequent data would disprove or confirm what I have said. There is no direct correlation between sacking of CBN Directors and increase in remittances from diaspora. It is good CBN shares more insight it feels it has which could have brought the improvement. Were the sacked Directors the ones talking to our brothers and sisters abroad not to send enough money before? I was lucky to have worked at CBN and also live abroad. So I could say, fairly, why diaspora remittances could increase during festive periods and drop, a month or two, after festive period. 1 Like |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by RodgersAkpafu: 3:02pm On Jun 26 |
BreconHills: with the current crop of criminals in corridors of power you are expecting "saving"? lmaooo |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by allthingsgood: 3:03pm On Jun 26 |
VanuatuWycombe: So where is the said data? If you say its misleading, then bring the data to prove your point. He who asserts must prove Also that you worked inCBN does not give you the right to make false accusations. Let us learn to cherish little victories. If you like relocate to neptune or jupiter, the only pleace you can truly call home is Nigeria. So quit the unnecessary hate and cynicism. |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by lionshare: 3:08pm On Jun 26 |
humberjade: Maybe you will see the irrationality in your argument with this instance. Assuming grandma-B needs 100kwh monthly power supply to run her home monthly N70 Per kwh and fx rate was 450N/$ in 2022 and now in 2024 its N206 Per kwh with fx rate at 1500N/$. How much in dollar terms will it cost Grandson-A to pay for grandma-B electricity bill in 2022 vs 2024? 1 Like 1 Share |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by lionshare: 3:11pm On Jun 26 |
VanuatuWycombe: The data for January to may mentioned in the article posted by OP 1 Like |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by VanuatuWycombe: 3:25pm On Jun 26 |
allthingsgood: Brother. I still maintain: the data of January to May do not link the sacking to diaspora remittance improvement. Do you want me too to attack you ni? You are not my match, when it comes to attacking. Please let’s forget about this, once and for all. 1 Like |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by VanuatuWycombe: 3:29pm On Jun 26 |
lionshare: I have maintained that we need full data for the year and previous years, before we can believe or disbelieve what CBN said. People abroad send more money in any month that comes before a festive month for their family and friends to sort out some financial needs. The month after a festival, they send less because they have sent more in the preceding month. The sacked CBN directors were not the ones making the money abroad. Why would they be the ones affecting the sending? 2 Likes |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by PHAYOL81: 3:29pm On Jun 26 |
Hopefully it gets better going forward |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by lionshare: 3:39pm On Jun 26 |
VanuatuWycombe:You should be able to find previous remittances date on CBN site; I think this is largely owing to reforms and relative price stability. Its only makes more sense for transaction in the official channels to increase when there is no significant difference between official & unofficial channels. |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by seguno2: 5:26pm On Jun 26 |
BreconHills: How is diasporan slave wages in the countries of MBCs equal to Nigerians saving Nigeria, instead of oyinbo hosts saving our lazy asses ![]() 1 Like 1 Share |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by BreconHills(m): 6:12pm On Jun 26 |
seguno2: Ok |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by BreconHills(m): 6:14pm On Jun 26 |
RodgersAkpafu: Ok |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by allthingsgood: 6:34pm On Jun 26 |
VanuatuWycombe: Since you having been attacking people what impact did it have ![]() Abeg rest biko |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by erico2k2(m): 7:59pm On Jun 26 |
peekspot:What boost? these guys are MADi.The naira is dead and people are cashing in you call this boost ![]() ![]() ![]() |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by RodgersAkpafu: 8:07pm On Jun 26 |
BreconHills:better for you cos you have nothing sensible to say on the matter...... so your decision to keep mum I'd actually a wise one |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by Gboss247(m): 9:36pm On Jun 26 |
Akinpresident:The forex that will be made available will come from where? |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by Gboss247(m): 9:41pm On Jun 26 |
travelzcruix:Our oil money, our oil money that you celebrate is someone's personal money. |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by Gboss247(m): 9:46pm On Jun 26 |
Heffalump:Have you checked your forex market daily transaction demands? $172 million is peanut for a 220 consumers are import dependent. |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by blackboy(m): 11:25pm On Jun 26 |
Which reforms?!!! Clowns |
Re: CBN Reforms Boost Diaspora Remittances By $172m In A Month by femi4: 7:04am On Jun 27 |
Amotolongbo:Don't mind them... Hypocrite |
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