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Topic: Forex scarcity: Banks in multi-million-dollar racketeering  (Read 2241 times)

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Forex scarcity: Banks in multi-million-dollar racketeering
« on: February 13, 2016, 07:00:46 PM »
Forex scarcity: Banks in multi-million-dollar racketeering

Commercial banks in the country are raking in millions of dollars from a foreign exchange racketeering which has been fuelled by the acute shortage of hard currency in the economy, investigation by the Saturday PUNCH has revealed. The Central Bank of Nigeria has been rationing forex to prospective importers in the past 16 months, after


The post Forex scarcity: Banks in multi-million-dollar racketeering appeared first on Punch Newspapers.


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