CBN Stops Sales Of Forex To Bureax-De-Change
PRESS STATEMENT ON FOREIGN EXCHANGE DEPOSITS IN COMMERCIAL BANKS AND SALES TO BDCS BY GOVERNOR GODWIN I. EMEFIELE—JANUARY 2016 1. Good afternoon ladies and gentlemen and welcome to the Central Bank of Nigeria (CBN). The Management of the Bank has called this Press Conference to give you updates on recent developments in our Foreign Exchange Market as well as the decisions we have taken to ensure that we continue to strive to attain our mandates as set out in the CBN Act of 2007. In order to do so, let me first give you a brief overview of both the global and domestic
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