In order to stabilize Nigeria’s outrageous exchange rate, the Central Bank of Nigeria (CBN) has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, disclosed this in a new circular released on Wednesday and sternly warned lenders against hoarding excess foreign currencies for profit. According to officials, the … Continue reading CBN Pounces On Banks, Orders Them To Sell Excess Dollars In 24 Hours