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CBN to Pull Out Billions of Naira from Circulation in Nigeria

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Due to its new monetary policy drive, the Central Bank of Nigeria may be pulling out up to N1.0 trillion from circulation in the economy through the banking system in the first month of its new monetary policy, according to the Vanguard.
Already N525 billion has been pulled out less than one week after the policy which seeks to tighten money supply, while additional N219 billion is slated to be pulled out next week, just as banks’ treasury executives said they were preparing their treasury plans for more mop ups estimated to be up to N300 billion within the next three weeks.
The apex bank had last week announced a reversal of its expansionary monetary policy which it had run for eight months, in favour of contractionary measures under which the Monetary Policy Rate, MPR, was increased to 12 per cent from 11 per cent while Cash Reserve Requirement, CRR, was hiked to 22.5 per cent from 20 per cent.
Both rate increases would effectively increase interest rates, cost of funds and yields on money market instruments floated by the apex bank while transferring huge cash from the banking system into the government vault.
Of the N525 billion already pulled out, about N410 billion was quarantined in relation to the new CRR, while N115 billion was pulled out into Nigerian Treasury Bills, NTB, and with another N219 billion slated for mop up next week in NTB, the apex bank would have taken out a total of N744 billion by end of next week.

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  1. THIS IS HOW IT WORKS:
    In Stage 1… 6 people are needed to complete it

    If u registered with 6600… ul need to refer 6 pple for u to be able move Into stage 2

    If u registered with 13200.. ul need 5 persons

    If u registered with 19800.. ul need 4 persons

    If u registered with 46,200… its automatic ticket to Stage 2

    Now… in H2i, Positioningy matters. And multiple accounts rock!

    What this means is that…. 19800 partners will earn the dollars x 3, get 3 laptops, 3 dubai trips, 3 Elantras

    In 19800 registration… what u do is simply duplicating yourself in 3 places before u refer any person

    So that… wen u eventually refer… those people will be working for your 3 accts

    Earnings in Stage 1 are as follows :

    For each person u refer… u earn $8 instant

    If u refer 2 pple… ul earn $8 x 2 = $16

    If dey do.. they will also earn $16, while H2i gvs u a bonus of $10 as a stage completion bonus.

    Making it a total of $26

    That is: $16 + $10 = $26 and ul be moved into stage 2

    If you refered all 6 people needed in Stage 1… u will earn

    $8 x 6 = $48 + stage completion bonus of $10.

    $48 + $10 = $58 and ul be moved Into stage 2

    The official exchange rate of H2i is N165/$1

    And that is the standard rate nationwide… the economy inflation of dollars doesn’t affect it in anyway

    Stage 2 – Master Stage

    In.this stage.. it is TEAM WORK

    Stage 2 has 5 levels of earning

    All u need work with is the 6 people u had in Stage 1

    Stage 2 comprises of those 6 people u had in stage 1, and ALL the people those 6 and their teams will refer !

    This is why is it called a Team Work Stage. None of us can do it alone!

    Further explaination:

    Stage 2 has 5 levels

    When all the 6 pple u brought earlier joins u in stage 2… u will recieve a bonus of $100 (N16,500)

    Stage 2 level 1 – Nil

    Stage 2 level 2 – $100 (N16,500)

    Stage 2 level 3 – $200 (N33,000)

    Stage 2 level 4 – $300 (N49,500)

    Stage 2 level 5 – $400 (N66,000)

    Every partner needs a total of 62 ALL STAGE 2 people to complete the stage!

    This simply means that : if u brought in A, B, C, D, E & F…. that is your 6 ppl

    A is to bring 6 partners

    B is to bring 6 partners

    C is to bring 6 partners

    D is to bring 6 partners

    E is to bring 6 partners

    F is to bring 6 partners

    Counting all from A- F is the TOTAL PARTNERS THAT COMPRISES YOUR TEAM. And as the new 6s keeps coming in and duplicating…. that is how ur stage 2 is being filled and hence completed

    Now the simplest ideology here is: if every one u sign up brings in 2 person each… ul discovered that stage 2 completion is achievable within 2months top!

    The Official H2i exchange rate is N165/$1

    So $1000 = N165,000
    Additional incentives for stage 2 :

    Customised Window 8 Hp Laptop or an iPad

    As soon as you get ur Stage 2 level 5 $400… u r moved into Stage 3

    Stage 3 also is TEAMWORK

    Remember… IT IS STILL THE SAME 6 People YOU REFERED IN STAGE 1 THAT WILL BE WORKING WITH AND FOR YOU

    All their downlines… counts for you

    Stage 3 also has 5 levels of earning

    Stage 3 level 1 – $200 (33K)

    Stage 3 level 2 – $300 (49,500)

    Stage 3 level 3 – $500 (82,500)

    Stage 3 level 4 – $500 ( 82,500)

    Stage 3 level 5 – $1500 ( 247,500)

    Total earnings in Stage 3 is $3000 ( N495,000)

    The beautiful thing about h2i, is that you earn as you finish each level, so you are motivated for the next level to Conquer it and more wonderful incentives awaits you in the next stages.

    Additional incentives :

    Latest model of Customised keyless Hyundai Elantra Car

    You recommend 2 persons ( family or less privileged person for empowerment and H2i gvs u $2000 (330K) for them
    For more info :+2347038166941 or
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  2. Hi, about the H2i stuff… You said if you register with 46k+ you are moved automatically to stage 2.

    I have a few questions pls:

    1. When you get to stage 2 what happens with the required 6 people that should be in your team, is it then you should look out for them and let be registered?

    2. Can you also, at stage 2, donate or pay the amount that should cover the total number of persons required for your completion to the next stage (3)? i.e instead of looking out for persons, you just simply donate from your pocket. Moreso can you do this for other stages as well?

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