Who do you think is service the parallel market? The CBN and individuals that withdraw FX from Domiciliary acct. Now that withdraw from Dom is no longer allowed, and CBN not selling to BDC's, it is just a matter of time, the parallel market will be grasping for survival.

DEXTROVERT:
This
Will result to
Policy summersault

Many
Will
Now
Run
To
Parallel market

So
As
The
Demand for parallel dollar increase
The price goes up.

It would have been better
To divert parallel market customers to bank
Where they get dollars at official rate.
So few will patronize them

For example, with POS everywhere, we don't go to ATM or quene at banks to withdraw money.

Small Balyesa state collect N22 Billion

What the man experience is an Epiphany.
It is liberating and instil Peace of mind.

Stop playing, they will only continue to live in their illusions. The enablers of such mentality (parents) are to be blamed. Creating a life where they are not meant to suffer or struggle for anything.

Noniblaq:
GenZees will not end this world

Truth is that the north hate decentralization, and Tinubu is bound to get some done.

This actually makes the convergence possible, USD can no longer be withdraw over the counter. By the time CBN becomes consistent with their intervention sales in the market, the rate will fall.

herkeem:
True.... Was forced to sell some dollars in my dorm account to the bank. No point going to Aboki again.

No one can solve your problem here, visit the DISCO business unit in your area.

Sowore is a great man that fought oppression in his own ways. He'll surely return.

To all those quoting me, I repeat, SOWORE IS A GREAT MAN! He fight for justice and oppression, he's different from ranters, that can only read and write, but cannot act.

The constant is there = MONEY💰

His expectations was hit below the belt, it is an initial reaction. He will reason it and get over it.

Wetin be Alowolo?

These are people that encourage foreigners to treat Nigerian employees as nonentities, and give them slave wages.

If not for fraud, all this while, for over 10 years ago will an account be operated without BVN or NIN.

She must have link her card as the source of payment on Opay. Fund can be drawn automatically without Pin & sometimes with OTP

jamesversion:


I wanted to ask d same question. Cos I know you need a password/biometric access to open a bank app. Also you need a pin to send money after confirming that account number and amount on the bank app.

Do you have the NIMC app on your phone? You only need your NIN and the registered phone number. Access the app and download you digital ID card for just 1000.

uipdquests:
please my NIN slip copy is lost and I need it urgent for an interview. how will I go about this to retrieve my slip copy

Not true, they sell at the NAFEM spot rate of the previous day. They always choose the lowest rate from the previous day, with a mandate to the retailers not to sell beyond 1% margin.

Stopping the sales of FX by the CBN led to the astronomical rise in the FX rate. By the time they clear the backlog, and Nigeria stops the importation of refined fuel, CBN will intervene more often to bring down the rate.

Many seem not to understand what is playing out, CBN will be selling to BDC at the prevailing market rate through bidding, not discount for any trader.
If any BDC attempted to hoard it and the rates falls, that's his own headache.

What will you the OP trade? What is your product that others require?

guobe:
One dollar equals more than 1,800 naira while the pounds is about 2,300 naira .
The rise in foreign currency against the naira is having a ripple effect on the economy as the cost of living is now very high for the common man.
Salary still remains stagnant with high cost of fuel with middle class citizens abandoning their cars at home.
How did we get here.
At this rate I think we should go back to trade by barter and start afresh as the Government of the day seems confused about their economic policies.
Just my take.

So, we can also say that Eddy Remedy, who is the leader and lead vocal of Remedies also help Idris Abdulkareem? How many time has been he (Idris) acknowledge Eddy?

ddippset:
Blackface gave Tuface a platform, an opportunity...

Tuface grabbed it, snatched it and ran away with it.

You are wrong, Tuface start out with plantashun boiz, he wasn't standing alone. The group has been in existence before Tetuila Ọmọde meta n'sere

richiemcgold:

This is very wrong.

Music fans in Nigeria already knew Tuface before they started hearing about a group called Plantashun Boiz or any artist called Blackface. Tuface was the one who actually helped both Blackface and Plantashun Boys to become popular.

The artist that first brought both Tuface and Blackface to the limelight was Tony tetuila when he featured them in his popular song Omode Meta. In the song, Tuface was that lanky young boy with a sweet voice singing " oh o! s'ere o, won n s'ere ayo..." Nobody knew Blackface or Plantashun Boys during this time.

Modified:
For those debunking my claims, I have only one question for you: "before Omode Meta, was there any hit song from Tuface and Blackface?

I stand on my word that Tony tetuila made both of them popular, and Tuface was the first to come to limelight in that group.

Check out the video below:



https://www.youtube.com/watch?v=4M2cUkQqdqA

Best is state Police, let each state protect their own, Buhari fails to approve it because of his Fulani brethen activities in the South.

Obviously setup for the camera, and Nairaland mods elevated it to the frontpage.

Exporting to a country that ban flight to and fro Nigeria from their airspace.

So they cleared out oshodi because the governor was visiting, I can bet the same location will be rowdy this morning.

The usual rhetoric, the government is not sincere with the project. Though they've secure the land, and commence the road construction, they've been at the same spots for years.

The concessionaires is just cashing out building sheds for okrika sellers.

Like someone said, Nigeria economy has been a bubble that is been beautify by past administration. It wouldn't have survive for long, $7bn FX backlog, yet the government keep defending the naira, cherry picking those they sell USD to, who in turn roundtrip for gains.

My grouse is that Tinubu won't probe and prosecute those involved cause they are his partymen.

Same with Gbajabiamila

Let hope all these policies will work

Frank Onyeka did well as well

Lol! Smart economist like who? Guess you're one

meum:
A sound economist would have known what to do not all these trial & error these people are doing to our economy.

Why the worry when majority of Nigerians detest local rice.

MrOposter, What if the family alleges that you connived with your brother to defraud them, went to hide him, and then turned around to accuse them of stealing? Since your whole family is aware, the assertion could be deemed true.

The best is to get your brother to Justice.