CBN Increases Forex Allocation to Banks

Pages: [1] Go Down

Topic: CBN Increases Forex Allocation to Banks (Read 941 times)

0 Members and 1 Guest are viewing this topic.

CBN Increases Forex Allocation to Banks

« on: June 09, 2021, 07:04:27 PM »

CBN Increases Forex Allocation to Banks

Obinna Chima The Central Bank of Nigeria (CBN) yesterday announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking forex for travel allowances, payment of tuition and medical fees, among other invisibles. The moves followed the warning by the CBN Governor, Mr. Godwin Emefiele, at a […]
Source: CBN Increases Forex Allocation to Banks

-----
post culled from thisdaylive

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Naira Rises To N171 Per Dollar As Banks Halt Sale Of Forex Started by dayod247 Events, Entrepreneur & Money Matters	0 Replies 4815 Views	December 06, 2013, 09:17:04 AM by dayod247
Forex scarcity: Banks in multi-million-dollar racketeering Started by olutee Newspaper Board	0 Replies 2251 Views	February 13, 2016, 07:00:46 PM by olutee
Ex-minister, Gbagi Accuses Banks of Complicity in Forex Scarcity Started by thisday Newspaper Board	0 Replies 1745 Views	September 14, 2016, 01:01:22 PM by thisday
Forex: NACCIMA Lauds CBN’s Sanction against Banks Started by thisday Newspaper Board	0 Replies 1610 Views	May 11, 2017, 07:03:23 PM by thisday
CBN threatens to sanction banks without forex sales point Started by olutee Newspaper Board	0 Replies 1264 Views	September 19, 2017, 01:03:53 AM by olutee
Forex: CBN to sanction banks Started by olutee Newspaper Board	0 Replies 1363 Views	September 19, 2017, 01:03:07 PM by olutee
CBN increases sale of forex to BDCs Started by olutee Newspaper Board	0 Replies 1546 Views	May 29, 2018, 07:11:48 AM by olutee
Abuja banks comply with CBN forex directive, sell dollar at N412 Started by PulseNG General News	0 Replies 1522 Views	August 02, 2021, 07:04:12 PM by PulseNG
NASS seeks better welfare packages for Judicial Officers …As Buhari increases allocation from N120billion to N150billion Started by observer Newspaper Board	0 Replies 1001 Views	November 28, 2022, 01:06:06 AM by observer
CBN worries over banks excessive forex exposure Started by thenation Newspaper Board	0 Replies 714 Views	February 01, 2024, 07:00:25 AM by thenation