BREAKING: CBN grants banks freedom to trade forex at any rate

Raufu Musliyu June 14, 2023

0 0 Less than a minute

The Central Bank of Nigeria has allowed commercial banks to freely trade foreign exchange at any rate.

The announcement comes after Godwin Emefiele’s suspension as CBN’s governor.

Details shortly.

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.