Quote from: DaNNy001 on Today at 05:35:46 PM

Quote from: Doan9269 on June 19, 2023, 03:38:03 PM

Quote from: EarnOnVictor on June 19, 2023, 12:09:36 PM

I was greeted with one of the most relieving news of the year today "The limit on the domiciliary account has been lifted." No doubt that cryptocurrency has helped in place of a domiciliary account for cross-border payments, but certainly not in the area of savings in the USD with confidence, that's at least for me as the security of my money is important.

Additional link could help more in this to serves as reference point, next time please take note.

Things are not bound to remain the same way forever, there will always be change in due time, the then administration has done their own best of governance to the people by implementation of some policies they feels alright for the growth and development of the economy financial sector, let's see what get unfolds sooner after this present government have been well settled anr done with the current ongoing sanitation.

Indeed it is a sanitation, I am hoping that all the changes this new administration is doing will help the growth of the economy because thats actually the priority of all administration that will and is ruling the nation. First I would like to commend them on the removal of the limit to the dollar account at least payment and savings on dollar will be efficiently carried out.

The new administration is working hard to see that the high level of poverty in the country is removed. I give kudos to the new CBN Governor on this move of the domitiliary account to be in proper function since Emefiele messed the system up and never wanted people to save in dollars. When I haven't known about bitcoin,I do believe in dollar savings because it will help one to still have the value of his funds in case naria depreciates. I don't think that I will be able to save in dollars anymore because bitcoin is the only hope when it comes to currency. I believe that with time Nigerians will be happy with Tinubu due to so much that he is planning on doing to reduce hardship on citizens and to make the Naira increase in value.