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Topic: CBN lifts manufacturing, power with $660m forex  (Read 1289 times)

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CBN lifts manufacturing, power with $660m forex
« on: November 18, 2016, 01:00:48 pm »
CBN lifts manufacturing, power with $660m forex

The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other real sector operators for raw materials, plants and machinery, a foreign exchange (forex) utilisation report has shown. The funds, sourced from the CBN and sold to the beneficiary customers at the official rate of about N305.5 to the dollar, […]


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