Welcome to 9jaflaver

HOME | MUSICS | FREEBEAT | VIDEOS | NEWS | TECHS | JOKES | COMEDY VIDEOS | CONTACT US

Celebrity News | Education | Fashion | Football Updates | Lifestyle | Funny Photos

Call Only:-+2348111727895

You Can Email Us:- 9jaflaver@gmail.com

Upcoming Artistes:- Promote your music on 9jaflaver Here

Music Artistes!! Join 9jaflaver Music Artistes Group (Rap, Singers, Artiste Group) - Get In Here



« | »

CBN Endorses SSS Raid On Currency Traders


CBN Endorses SSS Raid On Currency Traders

THE Central Bank of Nigeria (CBN) on Tuesday endorsed the crackdown on parallel market forex traders by the officials of the Department of State Services (SSS) across the country.
The CBN Governor, Godwin Emefiele, disclosed this while addressing journalists at the end of its Monetary Policy Committee (MPC) meeting in Abuja.
According to Mr. Emefiele, the foreign exchange regulation in the country forbids trafficking in currency.
He said that the SSS had the right to enforce the law and make sure that currency hawkers were forced out of the “illegal trade.’’
The governor, who said it was demeaning for traders to hawk currency on the streets, urged the traders to legitimise their business by applying for Bureau De Change (BDC) licence.
Officials of the SSS raided the parallel markets in Lagos, Abuja and Onitsha last week over alleged arbitrary sale of forex.
The raid, which worsened dollar scarcity at its wake, forced the naira to settle at N465 to a dollar.
Earlier, members of the MPC unanimously voted in favour of retaining the Monetary Policy Ratio (MPR) at 14 per cent, Cash Reserve Ratio (CRR) at 22.5 percent and the liquidity ratio at 30 per cent.
The governor said that the members of the committee took the decision after a critical assessment of the risks to the economy.
[NAN]

 

Click Here To Comment On This Post

 

[Music] Olamide - Wo


[Music] Simi – Joromi


[Music] Olamide Ft Davido – Summer Body


[Music] Davido - Fall


[Music] Flavour Ft Semah G Weifur – Most High


[Music] Flavour – Baby Na Yoka


[Music] Skales Ft Sarkodie – Booty Language


[Music] Runtown – For Life

author image
About 9jaflaver owner (Mr Ejump)

Mr Ejump Is the owner/CEO of 9jaflaver, he's an economist, a loving, and friendly young man. CONNECT via:- FACEBOOK TWITTER

Posted by on November 22, 2016.

Categories: 9ja news

There is love in sharing

0 Responses

Don't Just Read A Post And Go, Comment Below To Make The Post Lively

Do You Have Something To Say? Comment In The Box Below

Your Name Below

NOTE:- After Dropping your comment, keep calm, it will take 5mins before it appears.

« | »


Hottest Songs This Week

Hottest Videos This Week

9jaflaver Face Of The Week

9jaflaver face of the week

Name:- Joy Osha
Occupation:- Student, Dancer, Screenwriter
Instagram:- Mickey_benkz
Facebook:- Joy osha
A university of Abuja student

Wish to be our next face of the week, send your pics, instagram, bbm pin to us via whatsapp:- 08114624972

9jaflaver Music Of The Week

Olamide - Wo

9jaflaver music of the week

DOWNLOAD HERE
Advertise | About Us | Privacy Policy | Contact Us | Content Removal | DMCA

Like us on facebook | Follow us on twitter
Copyright © 2017 9jaflaver
Powered By: 9jaflaver