Manufacturers Task CBN On FOREX Allocation

Manufacturers Task CBN On FOREX Allocation

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN)  to allocate more FOREX to manufacturers to allow for the importation of raw materials and machinery.  Edo/Delta branch chairman of MAN, Dr Okwara Udensi, made the...
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CBN Increases Forex Allocation To Banks

CBN Increases Forex Allocation To Banks

The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This particularly relates to requests of travelers seeking foreign exchange for travel allowances, payment of...
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