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‘CBN not planning to amend Forex Act’

https://www.jsglobalnews.blogspot.com
Ikenna at Vanguard News
The Central Bank of Nigeria (CBN) yesterday said it was not planning to amend the Foreign Exchange Act or recommend jail term for anyone that holds the dollar for more than 30 days. Acting Director, Corporate Communications Department, Mr. Isaac Okoroafor stated this in a statement issued yesterday in response to a report by Reuters titled: “Nigeria considers foreign exchange reforms as dollar shortages bite”. The post ‘CBN not planning to amend Forex Act’.

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