Nigeria’s Central Bank Restricts Currency Trading to Prop Up Naira

Fruit Juice in retail packs. Ball Point Pens and parts including refills excluding tip. But now we thank God. Naira may be devalued further eventually. December 28, December 28, In:

IMF Opposes Nigeria's Forex Restrictions. The Managing Director of the International Monetary Fund, Christine Lagarde, has said that the move should only be a temporary economic step.

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Economic Turmoil Aggravated by Strikes in Oil Sector and by Hospital Workers

Foreign currency restrictions will be lifted only when reserves have been built up to an appreciable level, the Central Bank of Nigeria (CBN) has said. Addressing journalists in Abuja at the. The Central Bank of Nigeria, CBN, on Wednesday formally unveiled the much-awaited flexible foreign exchange policy that would allow the foreign exchange interbank trading window to be driven. LIGHTERS & Shavers BIC West Africa said foreign exchange restrictions placed on some items by the Central Bank of Nigeria (CBN) along with product counterfeiting have negatively impacted on the.