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CBN To Auction Dollars For Fuel Import - Business - Nairaland

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Nigeria’s Fuel Import Drops By 42% To N1.7trn In 2019 / Federal Government To Auction N100 Billion Bonds On March 27 / Senate Asks CBN To Suspend ATM Card Maintenance Charges (2) (3) (4)

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CBN To Auction Dollars For Fuel Import by ogedanny: 8:27am On Dec 06, 2016
The Central Bank of Nigeria has asked commercial banks to submit bids for a special currency auctioning targeted at fuel importers so that they can meet their maturing letter of credit. This was contained in a message sent to banks by the apex bank to submit backlogs dollar demand from fuel importers for special intervention.



Full Details: http://oilandnairanews.com/cbn-auction-dollars-fuel-import/
Re: CBN To Auction Dollars For Fuel Import by Sunnymatey(m): 8:35am On Dec 06, 2016
CBN is confused

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Re: CBN To Auction Dollars For Fuel Import by DozieInc(m): 8:42am On Dec 06, 2016
The unholy tri... BuBu, Kemi and Emefiele... forex is the new syphon conduit.

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Re: CBN To Auction Dollars For Fuel Import by orisa37: 8:58am On Dec 06, 2016
Cancel the letters of Credit.We don't need the imports. Retain our Forex for better uses and conserve our Naira for loans for investment and industry.

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