The statement, therefore, urged all Authorised Dealers to ensure that foreign exchange purchases from the CBN are used exclusively for trade-backed transactions, which should be reported...
However, BDC operators complained that the CBN's currency disbursement is too delayed, requiring three to four weeks from the time they make payment until the dollars...
The state actors are the biggest culprits and CBN knows this fact. Once allocations are shared most states approach the banks to procure dollars, the Nigerian...
He explained that the suspects were arrested after policemen received a distress call that cultists were on a rampage in the area, adding that two locally-made...