Some businesses under the aegis of the Organised Private Sector of Nigeria are considering taking legal action against some commercial banks for not honouring forex requests which have lingered over an extended period.
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has refuted reports by a national daily to the effect that the Federal Government is considering converting $30bn domiciliary deposits to Naira. CBN ActingvDirector of Corporate Communications, Mrs Sidi-Ali, Hakama disclosed this in an statement made available to Promptnewsonline in Abuja at the weekend. It
The Central Bank of Nigeria, CBN, has said it is set to prosecute forex defaulters in the country. The CBN Acting Director of Communication, Mrs Sidi Ali,