CBN To Stop Sale Of Forex To Banks By December

The Central Bank of Nigeria (CBN) has revealed that it would stop the sale of Foreign Exchange (FOREX) to Deposit Money Banks by the end of the year. According to the CBN Governor, Godwin Emefiele, banks must begin to source their forex from export proceeds, hence the need to support non-oil exporters in the country. … Continue reading CBN To Stop Sale Of Forex To Banks By December