Central Bank Of Nigeria limits Bankers' Foreign Exchange Holding

Central Bank Of Nigeria limits Bankers' Foreign Exchange Holding

The Central Bank of Nigeria (CBN) announces restrictions on bankers’ foreign exchange holdings in a bid to stabilize the forex market and foster financial prudence.
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has introduced a set of guidelines which it hopes will safeguard the financial…

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