What Are The Implications If CBN Closes DOM Accounts - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / What Are The Implications If CBN Closes DOM Accounts (275 Views)
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| What Are The Implications If CBN Closes DOM Accounts by fogechi: 12:56pm On Oct 30, 2022 |
This morning I heard dollar is going for 865 and there are indicators the price will reach 1000. What exactly are nigerians doing with dollars inside Nigeria. Is closing DOM accounts good òr bad for our economy |
| Re: What Are The Implications If CBN Closes DOM Accounts by hakeem4(m): 12:59pm On Oct 30, 2022 |
Why will he close Dom accounts. I am not an economist or a financial Guru, But I think CBN cannot close Dom Account, because they need inflow of usd into the country and that's one of the ways it would come in 1 Like |
| Re: What Are The Implications If CBN Closes DOM Accounts by inoki247: 1:02pm On Oct 30, 2022 |
Lol why closing Dom account you think people are opening Dom account for savings purpose only.... As we have people with a Naira account and choose to save the Naira in dere account that's aw we also have people with dollar account... And dere ar people that receive money from abroad which the CBN exchange rate or bank rate will not work for.... And dere ar people with dorm account that do transaction offline and online that needs a dollar account to run dere business.... So why will dey close Dom account because some people are saving in dollars maybe you should tell CBN to also close people Naira account since people also save in Naira.... |
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