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CBN directive on excess FX assets 'll reduce scarcity – Expert - Vimarsana News

CBN directive on excess FX assets 'll reduce scarcity – Expert

A former head, Investor Relations at UBA Plc, Razaaq Abiola, has backed the new policy of the Central Bank of Nigeria targeted at managing the current forex crisis in the country. According to him, the banks are taking advantage of the Naira weakness to build long foreign currency position as…