Forex limit: Reps to probe banks over non-compliance with CBN's directive
The House of Representatives has mandated a hearing on the non-compliance by commercial banks with the CBN’s directives on the NOP Limits.
Source: punchng.com
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CBN orders banks to sell excess dollars in 24 hours
Amid fresh moves to stabilise the nation’s volatile exchange rate, CBN has ordered Deposit Money Banks to sell their excess dollar
Source: punchng.com
CBN orders banks to sell excess dollar stock by February 1, 2024
CBN has issued a directive to Deposit Money Banks (DMBs) to liquidate their excess dollar stock by February 1, 2024, in a bid to stabilise the nations exchange rate. | Pulse Nigeria
Source: pulse.ng
CBN Orders Banks To Sell Excess Dollars | African Examiner
(AFRICAN EXAMINER) - The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves to stabilise the nation’s volatile exchange rate. In a new circular released on Wednesday, the apex bank also warned lenders against hoarding excess foreign currencies for
Source: africanexaminer.com