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Nairaland Forum / Nairaland / General / Business / CBN Considers Ending Dollar Cash Sales To BDCs (23312 Views)
CBN Resumes Dollar Sales To BDCs / CBN To Banks: Sell Forex To BDCs - Nairametrics / Cbn Lifts Forex Deposit Restrictions & Also Cancels Forex Sales To BDCs (2) (3) (4)
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CBN Considers Ending Dollar Cash Sales To BDCs by Adesiji77: 4:42pm On Dec 11, 2015 |
There are strong indications that the Central Bank of Nigeria (CBN) is seriously considering discontinuing its twice-weekly dollar cash sales to bureau de change (BDC) operators as it seeks to sanitise the sub-sector. http://www.thisdaylive.com/articles/cbn-considers-ending-dollar-cash-sales-to-bdcs/227672/ lalasticlala 6 Likes 2 Shares |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Nobody: 4:43pm On Dec 11, 2015 |
I hear bullshit... 4 Likes
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Re: CBN Considers Ending Dollar Cash Sales To BDCs by Tallesty1(m): 4:46pm On Dec 11, 2015 |
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Re: CBN Considers Ending Dollar Cash Sales To BDCs by modath(f): 5:39pm On Dec 11, 2015 |
If they are being sincere, why is it hard to render returns to CBN? Unless it's the politician hiding loots in their homes that are doing the purchase!! participating in its weekly forex auction. The regulator’s hammer fell on the currency dealers over their failure to render appropriate returns on the sale of dollars. 9 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by lasisi69(f): 6:24pm On Dec 11, 2015 |
End time CBN 3 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by damton(m): 6:25pm On Dec 11, 2015 |
Fingers crossed |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Donkunxex(m): 6:25pm On Dec 11, 2015 |
Do anything you can to strengthen our economy fast.. because i cant be buying a phone worth 300 dolars for 59 - 60k in naija excluding shipping and insurance. ThankYou ![]() 12 Likes 2 Shares |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by looseweight: 6:26pm On Dec 11, 2015 |
Nice move there 1 Like |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by princeonx: 6:27pm On Dec 11, 2015 |
They should just discontinue printing and using naira! 1 Like |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by austinonyii(m): 6:28pm On Dec 11, 2015 |
dollar is a satanic currency!! I have said it time without number 2 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Elslim: 6:28pm On Dec 11, 2015 |
Goood More strategies to frustrate looters of d Treasury. 7 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by koxi: 6:29pm On Dec 11, 2015 |
Really? How will Dat solve the present economic hardship affecting all of us 3 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by chesterlee(m): 6:29pm On Dec 11, 2015 |
The masses are going through a lot of hardship, things have suddenly become costly. This Xmas wont be easy at all!!! P.S. How much is petrol in your area? 3 Likes 1 Share |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by soleexx(m): 6:30pm On Dec 11, 2015 |
Congratulations ![]() |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by princeonx: 6:31pm On Dec 11, 2015 |
austinonyii:What'a Fhu.ckk is this one saying? 21 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by gist4kidsblog: 6:31pm On Dec 11, 2015 |
Cbn awon jokers.... Alot of dis cbn staff... Bank manager own a bureu de change oooo awon liar oshi 3 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by adconline(m): 6:31pm On Dec 11, 2015 |
Why can't CBN sell to banks and they will in turn sell to customers with BVN? 20 Likes 4 Shares |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by greatiyk4u(m): 6:31pm On Dec 11, 2015 |
Since I am a novice in this topic............I can only shout END TIME CBN 1 Like |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Kposkila: 6:31pm On Dec 11, 2015 |
Indeed this Govt is working, let dem feel d brunt, Infact PMB shud change d currency n let all the ones dey stole n stored be a waste! 6 Likes 1 Share |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Dollyak(f): 6:32pm On Dec 11, 2015 |
Well.. this is inevitable really otherwise the control of dollar supply will continue to polarise 2 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by gist4kidsblog: 6:32pm On Dec 11, 2015 |
austinonyii: 10 Likes 1 Share
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Re: CBN Considers Ending Dollar Cash Sales To BDCs by seedorfg(m): 6:33pm On Dec 11, 2015 |
mi o gbo payan oooooo |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by salaboiz(m): 6:33pm On Dec 11, 2015 |
kush |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by seedorfg(m): 6:34pm On Dec 11, 2015 |
cbn and nnpc are scam ! |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by NOBODYY: 6:35pm On Dec 11, 2015 |
i'm not grounded in economics..but i wouldnt mind if someone can explain to me Why dollar is always used like a "king kong" currency in the world when pounds even has more value than it.. . Anyone?? ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Nobody: 6:35pm On Dec 11, 2015 |
BDCs have to learn how to source their own dollars and sell. That's how it's done everywhere. 7 Likes |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by dammytosh: 6:35pm On Dec 11, 2015 |
The politicans will not allow the currency to stabilize. They have plenty stolen cash they are trying to reintegrate into the economy 6 Likes 1 Share |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Boss13: 6:35pm On Dec 11, 2015 |
Laughs .... WTF. CBN is thinking. I have always wondered why electronic payments are not used. Now, there will be proper audit trail and violators will be prosecuted. The CBN should also know that our Politicians are the major customers to BDCs and they used BDCs to launder funds. We must reduce our dependency on cash and begin to embrace electronic mode of payment. 12 Likes 3 Shares |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by trulords(m): 6:36pm On Dec 11, 2015 |
wait!!!! continue....... wetin go do dem aboki wey dey hustle with dat kin paro cbn..... dem go soon rob una |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by teemy(m): 6:36pm On Dec 11, 2015 |
A really big move that would have the CBN finally in control of rates. Now the BDCs would be forced to make sales electronically close to the official N199 rate. 6 Likes 1 Share |
Re: CBN Considers Ending Dollar Cash Sales To BDCs by Emekamex(m): 6:38pm On Dec 11, 2015 |
Body odour to the rescue 8 Likes 1 Share
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Re: CBN Considers Ending Dollar Cash Sales To BDCs by Johnnoah1st: 6:38pm On Dec 11, 2015 |
what is cbn self? |
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