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CBN Gives Banks Freedom to Trade With Deposited FX

FX claims

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By Adedapo Adesanya Banks have been given the freedom to trade with the foreign exchange deposits in their vaults, according to the new guidelines issued by the Central Bank of Nigeria (CBN). The regulations released by the CBN on Tuesday provided the modalities for the participation of commercial, merchant, and non-interest banks in the scheme. […]

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