Banks Expose Clients With Suspicious Dollar Transactions In Line With CBN’s Directive

In a bid for the Central Bank of Nigeria(CBN) to halt a regime of arbitrage in the foreign exchange market, some Nigerian banks have started exposing the identities of customers, who allegedly obtained dollars by false pretense, and traded them at a profit in the parallel market. This is coming as the aggregate broad money … Continue reading Banks Expose Clients With Suspicious Dollar Transactions In Line With CBN’s Directive