Manufacturers to get 60% forex
Manufacturers to get 60% forex Perturbed by the continued dwindling fortune in the domestic economy, the Central Bank of Nigeria (CBN) has directed Authorised Dealers (banks) to allocate 60 per cent of their Foreign Exchange, (forex) purchases from all sources (interbank inclusive) to manufacturers and 40 per cent to other users for the purpose of trade and other obligations. In …
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