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Don’t Sell Forex without Appropriate Documentation- CBN Tells Banks

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Godwin Emefiele, CBN Boss The Central Bank of Nigeria (CBN) has asked commercial banks not to sell foreign exchange without appropriate documentation and disclosure to authorities, irrespective of the source of funds. The CBN gave this directive in circular with reference number TED/FEM/FPC/GEN/01/008 dated August 22, 2016 and signed by W.D, Gotring, acting director, Trade ...

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