Forex Matters

As the naira-dollar exchange rate continue to move up and gradually get close to N600 mark, the growing concern across the economic spectrum and indeed the anxieties in homes and offices and more in Nigeria is, how do we stabilize the naira as well as strengthen it against other currencies. This and more are what we will be finding answers to on todays's episode of #forexmatters #forex #APCON #Dollar #naira #USDollar #BusinessNews

Do you know that the Libyan currency is the strongest in Africa? I bet you do not know. On the other hand, dancing within the N570 - N575 to the dollar rate, the Nigerian currency is FAR from third of Africa's strongest currency. You will recall that at some pints in our history, the naira was N1 to 2dollars, the question is, WHAT HAPPENED? WHAT MAKES A COUNTRYS CURRENCY WEAK OR STRONG? This would be the focus of todays episode on FOREX MATTERS. After watching, do not forget to HIT the like button, comment and share. #forex #bureaudechange #dollar #forexmatters #APCON #currency #EconomyNews #USDollar

Another great day to present to you, your most watched TV program on Forex as it relates to the economy of Nigeria and the world at large. On this episode, we shall be hearing more from the council members of the Bureau De Change Associations of Nigeria - APCON. They will be sharing with us, their worries and suggestions for the governor of the Central Bank of Nigeria - CBN on the way forward from the on going forex crisis in the country. #forex #forexmatters #finance #Dollar #DollarRate

The matter of the suspension of Bureau De Change in Nigeria has been a lingering issue in the country as experts says it is likely not to go away anytime soon. Welcome to another great episode of your best weekly TV program - where we discuss and analyze issues on FOREX MATTERS as it trends on government and economic policies in Nigeria and the world at large. In this episode, we have another financial analyst in the house who will be telling us, why the apex bank (CBN) - Central Bank of Nigeria need to explore other measures in tackling the forex crisis in the country. #forex #forexmarket #finance #bureaudechange #forexmatters

Still on the discourse regarding the suspension of the BDCs (Bureau De Change) by the Central Bank of Nigeria, we have two major voices in Nigeria’s economy expressing their views and of course, we shall also be hearing opinions of Nigerians towards the suspension by the Central Bank of Nigeria. #EconomyNews #money #finance #FederalGovernmentOfNigeria #bureaudechange #forexmatter #forex

Given the slides of the naira of today, it will seem that the suspension of forex supplies to the BDCs by the CBN is not yielding results. The question is, what is the core of FOREX practice in Nigeria? You are welcome to another episode of FOREX MATTERS. In this episode, we will be showing you countries and how they manage the crisis that come with them. #forex #forexmatters #nigeria #bureaudechange #CentralBankofNigeria #forexinnigeria #forexmarket

Welcome to FOREX MATTERS, a weekly TV broadcast where we dissect issues of FOREX as it relates to our economy. In our episode today, we have with us three guest in the studio: Mr. Abiodun Adedipe, Prof. Uche Uwaleke and Mr. Tope Fasau. #nigeriaforex #nigeriaforexact #nigeriaforexexpo #nigeriaforexpolicy #nigeriaforexiss#nigeriaforex #nigeriaforexact #nigeriaforexexpo #nigeriaforexpolicy #nigeriaforexiss#nigeriaues

Welcome to our first edition of our weekly TV broadcast on Forex Matters where we disect and analyse issues of FOREX, MONEY, BUSINESS, ECONOMY and lots more as it relates to our economy and the global market at large. Join us every Friday from 9:00am to 9:30am on the Nigeria Television Authority, NTA. #forex #bureaudechange #money #business #forexmatters

The environment is #nigeria is not good for #production as such, #importation of some goods are not necessary. #forexissues #products #forexmatters #forexmattersnigeria

Coming your way soon on your favoirite channel station @ntanetwork #forexmatters. Forex Matters as it relates to the economy. @centralbankng @the_imf @abokifx_official #finance #forextrading #forexissues #centralbanks #abokifx

Bureau De Change still in Business - Adedipe Abiodun

Their are several ways the Bureau De Change operators can still remain in business. They can join some associations in Diaspora thereby expanding their supply chain because when members of their associations makes remittances, they become the go-to person to supply which increases their track record and as such, they remain in business.

BDCs should generate strategic initiative to ensure their members Survive and grow - Abiodun Adedipe In an interview with Mr. Abiodun Adedipe, he made suggestions to BDC operators to come together and initiate a strategic system that would spell out the process of all HOWs as they make a huge number of the growth of the economy in Nigeria. #amcon #bdc #bureaudechange #forexmatters

In terms of Capital and Corporate governance requirements, BDCs can merge in setting new regulations by constricting the numbers, spell out the serious ones. #business #bdc #bureaudechange #governmentpolicies #policies #businessportfolio #forexmatters #forex #foreignexchange #dollar #exchange #currency

The rate of dollar in the black market has gone up. In other to create a balance in the forex market in Nigeria, BDCs has a role to play. They should not be totally neglected. The role BDCs play is, they provide dollar quicker which is why re-acessing their licenses is key. #forexmatters #forex #exchangeofdollar #naira #increaseindollar #business

BDC as a tool for advancement for the Government - Folashade Aliu

Bureau De Change is a sector that needs to be empowered by the government as they also contribute to the growth of our economy. BDC should be a valuable entity for the government, central bank and other financial institutions in Nigeria. #centralbank #financialpolicy #policies #bureaudechange #forexmatters

BDC was conceived to create a window for some businesses - Abiodun Adedipe The initial motive behind setting up Bureau De Change was to create a window for buying and selling and essentially, dealing with those who may not find it easy or convenient to buy from the official window. #bureau #bureaudechange #moneyexchange #forexmatter #bdc

Find the BDCs that are doing it the right way and put them back into the system – Obadaiah Melafia Vetting the BDCs mode of operation, finding the BDCs that are doing the business the right way and look for a way to bring them into the system and intensify the supervision thereby creating a balance between BDCs and CBN. #exchange #Bureaudechange #cbn #moneyregulation

Dialogue could be one of a great tool to many issues. Mr. Adedipe Abiodun, an Economist suggest that, CBN would have created a platform for engagement with BDCs (Bureau De Change) on ways to grow their business aside from allocations from Central Bank of Nigeria and equally review the entire guideline for operators. #cbn #bureaudechange #funds #fundsallocation #centralbankofnigeria #dialogue

Encourage domestic investors to firm up the Naira to some degree - Tope Fasua Beyond foreign investor should be the encouragement of domestic investors in the country. When money kept in abroad are invested back home, you will discover that the value of naira will shoot up. #investment #dollar #naira #foreigninvestment #domesticinvestment #forexmatters #moneydiscussion #nairavalue #dollarrate

The era of covid19 has accentuated the relevance of Digital Technology in business. To survive in a post covid19 era, having a digital platform is very key for your business. #covid19 #technology #digitaltechnology #digital #postcovid19 #business