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Tag: excess

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Bank directors support CBN's directive on selling excess dollars

Bank directors support CBN’s directive on selling excess dollars

February 6, 2024November 20, 2024 AGS

The Bank Directors Association of Nigeria (BDAN) has voiced its backing for a recent directive from the Central Bank of Nigeria (CBN) urging commercial banks to cease “hoarding” foreign currencies. The CBN had expressed concerns regarding the increasing foreign currency … Continue reading Bank directors support CBN’s directive on selling excess dollars

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