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$2 4bn Controversial Forex Backlog: Proper Handling Will Secure Investors Confidence – Analysts

BDAN urges banks to comply with CBN directives of FX exposures

BDAN urges banks to comply with CBN directives of FX exposures
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Naira rebounds as banks offload excess dollars

It was learnt that the treasury departments of the DMBs spent the entire day battling to sell their excess FX holdings. Officials processed several foreign exchange request forms of their customers as they sold more dollars to them, The PUNCH gathered.

CBN cracks down on banks as naira experiences sharp decline

The Central Bank of Nigeria (CBN) has taken decisive action against commercial banks accused of hoarding foreign currency for profit. | Pulse Nigeria

CBN introduces new measures for banks to manage FX risks

In a bid to manage risks and prevent potential losses with systemic implications, the CBN has issued stringent prudential requirements for banks

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