HOME | MUSIC | VIDEOS | ALBUMS | LYRICS
ENTERTAINMENT | MOVIES

All Categories:


Want to Contact Us? Send us an Email✉ usherloaded@gamail.com


« | »

CBN Sets Upper Limit For Dollars Sales To Customers.. See The New Limit

The Central bank of Nigeria, CBN, on Monday directed all deposit money banks to immediately commence the sale of foreign exchange to their customers at not more than N360 to the dollar. The spokesperson of the CBN, Isaac Okarafor, said all customers requesting forex for their basic transport allowance and personal transport allowance, tuition and medical fees, would henceforth get at an exchange rate not more than N360 to the dollar.

“The CBN will sell to commercial banks at N357 per dollar,” Mr. Okorafor said. “Banks are to post the new rates in their banking halls of their branches immediately.”

He said CBN would send examiners to banks to ensure the new rates are implemented, warning that banks are prohibited from selling forex meant for invisibles to bureau the change..

Last week, inter-bank market transactions ended on a high, with Naira closing at about N375 to the dollar on Wednesday.

Traders were optimistic that the national currency value could rise to about N350 against the dollar.

45 total views, 2 views today

Comments

comments

Posted by on March 27, 2017.

Categories: news

        ADVERTISE ON USHERLOADED

 Have Somthing Interesting/Informative you want us to Post on UsherLoaded? Send to usherloaded@gmail.com
Instagram Loading

Like Usherloaded On Facebook

Follow UsherLoaded On Twitter

Subscribe To Our Youtube Channel

Join UsherLoaded BBM Channel

0 Responses

Leave a Reply

Name (required):

Comment:

NOTE:- After Dropping your comment, keep calm, it will take 5mins before it appears.

« | »





ABOUT US | CONTACT US | ADVERTISE WITH US | PROMOTE YOUR MUSIC/VIDEO | USHERLOADED STAFF | PRIVACY POLICY