Tag Archives: Athourised Dealers

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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