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Why Do Establised Banks In Nigeria Not Have Dollars To Sell? - Politics - Nairaland

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Why Do Establised Banks In Nigeria Not Have Dollars To Sell? by alfredfrddy(m): 12:29pm On Jun 14, 2023
I have been ponsering on somethings but this thread on Nairaland: https://www.nairaland.com/7727441/why-should-trade-african-countries made me put my thoughts together. Why do establised banks in Nigeria not have dollars to sell but Aboki under the bridge have more than enough dollar to sell at black market rate.
Anybody wey get reasonable answer make e tell me o.
Re: Why Do Establised Banks In Nigeria Not Have Dollars To Sell? by AntiZikist: 12:32pm On Jun 14, 2023
alfredfrddy:
I have been ponsering on somethings but this thread on Nairaland: https://www.nairaland.com/7727441/why-should-trade-african-countries made me put my thoughts together. Why do establised banks in Nigeria not have dollars to sell but Aboki under the bridge have more than enough dollar to sell at black market rate.
Anybody wey get reasonable answer make e tell me o.


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Re: Why Do Establised Banks In Nigeria Not Have Dollars To Sell? by CodeTemplar: 12:44pm On Jun 14, 2023
I wonder also. If traders go on whatsapp to bid for it and get it from those remitting funds to Nigeria, what stops banks from putting a team there and getting dollars?

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