The Central Bank of Nigeria, CBN, has denied allegations of irregularities in the foreign exchange, forex, transactions among Deposit Money Banks, DMBs and insisted that process remains transparent.
Reacting to allegations that some banks were using different rates for different forex end-users, in connivance with officials of the apex bank, CBN's spokesman, Mr, Isaac Okoroafor, in a statement, yesterday, that there was nothing as such.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article