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Nairaland Forum / Nairaland / General / Business / Bureaux De Change At Risk As Naira Gains More Muscle (33860 Views)
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Bureaux De Change At Risk As Naira Gains More Muscle by odiks: 5:42am On Mar 27, 2017 |
Business seems bad for Bureaux De Change (BDCs) — no thanks to the naira’s new strength that has hit them with heavy losses. http://thenationonlineng.net/bureaux-de-change-risk-naira-gains-muscle/ 2 Likes
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by odiks: 5:49am On Mar 27, 2017 |
Imagine.... BDC's are now crying that business is bad. What of those days they were calling the shots? Their rates were quoted as if it was the official rate. My advice to CBN is for them to continue and sustain the intervention so that the BDC's will be forced to bring out the dollars they stockpiled and even sell them at a loss. 192 Likes 17 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Akwasi(m): 5:50am On Mar 27, 2017 |
Its been a sweet turnaround. Good citizens 1: Greedy bastards 0 231 Likes 17 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by madridguy(m): 5:52am On Mar 27, 2017 |
Good development. I hope Naira will continue waxing stronger till every evil BDC operator go back to their villages for farming work Good morning Nigeria. 157 Likes 10 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Sabadon(m): 5:54am On Mar 27, 2017 |
positive development I hope it maintains a steady gain n well sustained...... Naira shall b great again 22 Likes 2 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Atiku2019: 5:54am On Mar 27, 2017 |
I Love This 5 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by omenkaLives(m): 6:01am On Mar 27, 2017 |
Someone call that scum gobbling prehistoric Senegalese monument called Reno O'mockery to come read this and tell Nigerians whom to blame. 59 Likes 7 Shares
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by iambijo(m): 6:05am On Mar 27, 2017 |
This is fantastic |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by firstking01(m): 6:11am On Mar 27, 2017 |
madridguy:He be like say you dey sleep for this nairaland 3 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by firstking01(m): 6:12am On Mar 27, 2017 |
It has better gained more strength…all thanks to PYO. 10 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Amberon: 6:13am On Mar 27, 2017 |
Good |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Teacher1776(m): 6:14am On Mar 27, 2017 |
So BDC is now crying? The cabals are now showing their true faces! Who did it report to when it was making bogus profits when it wickedly jumped from 450 to 500 per dollar? Aminu or whatever you call yourself, if you can't cope, please close your shop. The entire country cannot continue to suffer just to satisfy your greed. 97 Likes 6 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by kahal29: 6:16am On Mar 27, 2017 |
Teacher1776: Gbam 58 Likes 3 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by calddon(m): 6:17am On Mar 27, 2017 |
I hope d BDCs dont form a cabal to influence the depreciation of our naira. 5 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by madridguy(m): 6:18am On Mar 27, 2017 |
1 Like |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by blackpanda: 6:18am On Mar 27, 2017 |
I don't get why they are complaining. This is d business you entered into. When you were making exorbitant profits nobody complained. So why complain about the risks? Aren't BDCs insured?? 45 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by vedaxcool(m): 6:20am On Mar 27, 2017 |
Teacher1776: Aminu should try his luck in Agriculture instead. 26 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by firstking01(m): 6:20am On Mar 27, 2017 |
madridguy:Hehehehe, i love your honesty. |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by kahal29: 6:20am On Mar 27, 2017 |
madridguy: A big AMEN to this beautiful prayer of yours. The evil BDC should be forced out of the market so that they will close shop and go back to their villages. 25 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by kahal29: 6:21am On Mar 27, 2017 |
16 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by meezynetwork(m): 6:23am On Mar 27, 2017 |
Good stuff, good stuff |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by kahal29: 6:24am On Mar 27, 2017 |
blackpanda: I tire for them Oooo 5 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by modath(f): 6:25am On Mar 27, 2017 |
Business meets politics.... Time unravels all things... Like belle, 9mths go reach one day. 4 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by okosodo: 6:35am On Mar 27, 2017 |
Buhari made the cabals powerful by giving them enormous power, osinbajo just simply removed the power from them while buhari was away 20 Likes 2 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by jazinogold(m): 6:46am On Mar 27, 2017 |
Good job...I pray oil price soar up so they can sustain this injection! The BDC where the cause of the dollar scarcity! CBN rite now b like.... talk to the ass 11 Likes
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Re: Bureaux De Change At Risk As Naira Gains More Muscle by DIKEnaWAR: 6:51am On Mar 27, 2017 |
This Gwadebe of a man is a f00l and has no one to tell him. Eez like he wants to be unfortunate? How can 3,000 licenced BDC operators with a 30,000 employee capacity hold over 180,000,000 Nigerians and the economy to ransom? Do they not know that the high cost of living is attributable to the exchange rate, since we are non producing and a consumer, import loving country? This Gwadebe and his ilk should be declared enemies of the country, charged for treasonable felony and tied to a stake and shot. How I miss Gen Sani Abacha, my good friend. He'd have done exactly as I said. Baskad BDC operators! Let them go and farm if they have no other business. 31 Likes 1 Share |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Boleyndynasty2(f): 6:54am On Mar 27, 2017 |
They should start another business, when they were busy hoarding money and hoping for an increase they didn't believe a day like ds will come . Please our sweet Naira, come down to N300 b4 the end of the week 23 Likes |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Nobody: 6:54am On Mar 27, 2017 |
Who did they tell when they where making huge profits from the Hike 9 Likes 2 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by DIKEnaWAR: 6:56am On Mar 27, 2017 |
omenkaLives: Buhari caused the recession and inflation with his stvpid policy. This is exactly what he did in 1984 that put the country through hardship. He has decided to back down from it, seeing the success recorded by Osinbajo in reversing the policy, in his absence. Think with your brain , even if Buhari has bought your conscience with the 250k he pays you people at the BMC. 21 Likes 2 Shares |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by Exponental(m): 7:28am On Mar 27, 2017 |
watching., |
Re: Bureaux De Change At Risk As Naira Gains More Muscle by KINGwax007(m): 7:28am On Mar 27, 2017 |
I dey wait people wey never pass economics for waec to come dey analysis the situation. Especially how they knw say naira just dey go carnival with the new gain, and how e go soon come back home. Bad Belles 9 Likes 1 Share
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