CBN To Eliminate Forex Black Market – Adeosun

Naira notes

Abuja (New Telegraph) — The Central Bank of Nigeria (CBN) will try to eliminate the gap in exchange rate against the dollar between the official and black markets, the Minister of Finance, Mrs. Kemi Adeosun, said yesterday. Speaking during an economic conference in Abuja, the Minister said that the: “CBN has been directed to do this and has promised to do something by putting a system in place to eliminate the black market because it was damaging the economy.” . . .

Continue reading “CBN To Eliminate Forex Black Market – Adeosun”

Advertisements
CBN To Eliminate Forex Black Market – Adeosun

Human rights lawyer files suit to ban U.S. Dollar in Nigeria

Dollars . FOREX.jpg

Femi Falana asks court to ban dollar as a legal tender in Nigeria

A Nigerian Human Rights lawyer, Mr. Femi Falana (SAN), filed a suit before the Federal High Court in Abuja on Wednesday, praying for an order restraining the Central Bank of Nigeria from allowing market forces to determine the exchange rate of the naira . . .

Continue reading “Human rights lawyer files suit to ban U.S. Dollar in Nigeria”

Human rights lawyer files suit to ban U.S. Dollar in Nigeria