Forex: CBN Issues Fresh Directives to Commercial Banks
The Central Bank of Nigeria (CBN) has directed commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends and operational expenditures. The directive was given in a letter dated September 11, 2023, signed by the Director, Banking Division Department, Haruna Mustafa. The apex bank ordered commercial banks to implement the directive immediately.Forex […]
Keep Reading