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Home Tag Archives: Senate to ban local FX transactions

Tag Archives: Senate to ban local FX transactions

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Senate to ban local forex transactions, proposes jail term

By Breezynews
26 October 2023
in :  News
0
54

A bill that seeks to bar a serving Governor of the Central Bank of Nigeria (CBN) from partisan politics and equally reposition the bank for efficiency, scaled second reading in the Senate on Wednesday. A second bill, seeking to prohibit the use of foreign currencies for local transactions was also considered. One of the consolidated bills, titled: ‘Central Bank of …

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