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UPDATED: CBN Investigates 55 Companies Over Forex Infractions, See Full List - Business - Nairaland

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UPDATED: CBN Investigates 55 Companies Over Forex Infractions, See Full List by lamzybaby: 10:44am On Sep 21, 2020
Amidst sustained pressures on Nigeria’s official foreign exchange (forex) resources, the Central Bank of Nigeria, CBN, has opened investigations into foreign exchange transactions of 55 companies and individuals. The apex bank linked them to foreign exchange deals outside the official Investors & Exporters (I&E) window. The I&E window was created by the CBN as the legitimate platform for buying and selling of foreign currencies.

1. Stallion Nigeria Limited

2. Solem Agro Limited

3. Deekay & Sons Limited

Continue reading at http://nigerianpilot.com/updated-cbn-investigates-55-companies-over-forex-infractions-see-full-list/ | Nigerian Pilot News
Re: UPDATED: CBN Investigates 55 Companies Over Forex Infractions, See Full List by SocialJustice: 11:06am On Sep 21, 2020
CBN is just crazy. How can government force a company to sell their dollars at lower rates.

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