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CBN Unfolds Measures to Boost FX Supply, Mitigate Foreign Currency Speculation

CBN Unfolds Measures to Boost FX Supply, Mitigate Foreign Currency Speculation
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Abuja federal capital territoryNigeria generalOlayemi cardosoNume ekegheHassan mahmudJames emejoCentral bankSenate summonsExchange departmentSenate committee on bankingInternational money transfer operators imtosNet open positionSunday aborisadeInternational money transfer operatorsSenate committeeFinancial institutions

CBN releases guidelines to address excessive forex speculation, hoarding from banks

CBN releases guidelines to address excessive forex speculation, hoarding from banks
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Yemi cardosoHassan mahmudCentral bankReporting requirementsForeign currency exposuresBanking supervisionRita ijeoma sikeNet open positionGross aggregate methodForeign currency trading position

Nigeria: CBN Issues Fresh Requirements to Mitigate Foreign Currency Risks

Nigeria: CBN Issues Fresh Requirements to Mitigate Foreign Currency Risks
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Abuja federal capital territoryHassan mahmudCentral bankNet open positionRita ijeoma sikeGross aggregate

Nigeria: CBN Unfolds Measures to Boost Fx Supply, Mitigate Foreign Currency Speculation

Nigeria: CBN Unfolds Measures to Boost Fx Supply, Mitigate Foreign Currency Speculation
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Olayemi cardosoHassan mahmudCentral bankSenate committee on bankingExchange departmentInternational money transfer operators imtosSenate summonsNet open positionInternational money transfer operatorsSenate committeeFinancial institutionsRita ijeoma sikeReporting requirementsForeign currency exposuresForeign currency trading positionComercio partners

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.

Hassan mahmudCentral bankExchange departmentRita ijeoma sikeBanking supervisionNet open positionGross aggregate