Thursday, 16 February 2017

CBN orders banks to render forex returns in naira/USD

…Disburses $2.83bn to critical sectors By Omodele Adigun To prevent the recurrence of errors in foreign exchange (forex) returns from the banks, the Central Bank of Nigeria (CBN) has mandated all Deposit Money Banks (DMBs) to render their returns in a uniform format by converting all forex sales and purchases to NGN/USD just as it … More CBN orders banks to render forex returns in naira/USD

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