CBN gives banks go ahead to deposit excess FX at Lagos, Abuja branches

Ripplesnigeria | 29-06-2024 11:37am |

In a bid at deepen the foreign exchange market, boost liquidity and attain convergence in the exchange rates, the Central Bank of Nigeria (CBN) has given the Deposit Money Banks (DMBs) the go ahead to deposit their excess foreign currency notes with its branches in Lagos and Abuja. This approval followed the increasing demands by [...]The post CBN gives banks go ahead to deposit excess FX at Lagos, Abuja branches appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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