Senate Rejects Bill To Give CBN Stiff Control Over Forex

Independentng | 12-07-2024 07:52am |

ABUJA – Senators on Thursday rejected a Bill seeking to empower the Central Bank of Nigeria (CBN) to monitor and control, as well as to determine the basic exchange rate of purchase and sale of foreign exchange in Nigeria. This followed the introduction of a Bill titled “The Foreign Exchange Control and Monitoring Bill 2024,” [...]

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