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Tag: Sales to Manufacturers

CBN Directs Banks to Allocate 60% of FX Sales to Manufacturers

...ABCON asks central bank to outsource weekly dollar sales to BDCs ...Oversupply, Nigeria’s ceasefire trigger fall in oil prices Desirous of stimulating economic activities in the country, the Central Bank of Nigeria (CBN) y directed commercial banks and other authorised dealers in the foreign exchange (FX)...