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CBN Moves Against Forex Speculation, Hoarding, Issues Fresh Guidelines

In addition, banks are to have in place a foreign exchange contingency funding arrangement with other financial institutions.

CBN directive on excess FX assets ll reduce scarcity – Expert

A former head, Investor Relations at UBA Plc, Razaaq Abiola, has backed the new policy of the Central Bank of Nigeria targeted at managing the current forex crisis in the country. According to him, the banks are taking advantage of the Naira weakness to build long foreign currency position as…

CBN worries over banks excessive forex exposure - The Nation Newspaper

CBN worries over banks excessive forex exposure - The Nation Newspaper
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

Abuja BDC operators shut down operations

Naira Crash: Relief For Nigerians As CBN Issues Fresh Order To Banks To Sell Off $5B

Naira Crash: Relief For Nigerians As CBN Issues Fresh Order To Banks To Sell Off $5B
onlinenigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onlinenigeria.com Daily Mail and Mail on Sunday newspapers.

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