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Naira Declines Amidst CBN’s Assurance Of Increase In Forex Supply

Naira Declines Amidst CBN’s Assurance Of Increase In Forex Supply           The naira slide to N575 on Thursday despite assurances by the Central Bank of Nigeria that there is sufficient foreign exchange to meet the legitimate needs of Nigerians. The naira had maintained a downward trend, falling...

CBN Assures Customers Of Banks’ Compliance On Forex Supply

CBN Assures Customers Of Banks’ Compliance On Forex Supply       The Central Bank of Nigeria has assured members of the public that it has implemented monitoring mechanisms to ensure that deposit money banks fulfill the legitimate foreign exchange demands of customers. This follows the apex bank’s directive...