CBN bares teeth to end naira volatility

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The Central Bank of Nigeria (CBN) last week threatened to sanction banks and other financial institutions that breach foreign exchange rules. The threat followed severe pressure faced by the naira in the parallel market, which has led to depreciation of the ...

from Google Alert - Business https://ift.tt/2J7e4F7
The Central Bank of Nigeria (CBN) last week threatened to sanction banks and other financial institutions that breach foreign exchange rules. The threat followed severe pressure faced by the naira in the parallel market, which has led to depreciation of the ... https://ift.tt/eA8V8J

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