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Topic: [Vanguard] Falling reserves: CBN ousts importation of generators, others from official forex  (Read 2578 times)

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[Vanguard] Falling reserves: CBN ousts importation of generators, others from official forex
« on: November 07, 2014, 01:00:29 PM »
Falling reserves: CBN ousts importation of generators, others from official forex

DETERMINED to stem the continued decline in the nation’s external reserves, the Central Bank of Nigeria, CBN, yesterday excluded importation of generators and some items from purchase of foreign exchange from the official foreign exchange market.

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