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Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers - Politics - Nairaland

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Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers by flyingsnail(f): 9:34am On Jul 25, 2016
The Central Bank of Nigeria (CBN) is set to cancel the Foreign Exchange Primary Dealers (FXPDs) status of some of the 15 FXPDs banks for recording low forex volumes of transactions against set guidelines, The Nation has learnt.

Some of the FXDPs banks include FirstBank, Zenith Bank, United Bank for Africa (UBA), Access Bank, GTBank, Stanbic IBTC and Ecobank Nigeria...


wink grin


http://thenationonlineng.net/banks-fail-meet-cbns-forex-terms/

Re: Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers by adehsenior(m): 9:48am On Jul 25, 2016
Confused government confusing themselves with confusing policies. Nothing is working in the God cursed APC government.
Re: Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers by LORDOFAFONJAS: 9:49am On Jul 25, 2016
I only came here to view zombies comment. cool
Re: Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers by Boss13: 10:08am On Jul 25, 2016
This is some serious concern. The CBN still remains the primary supplier of foreign exchange. Well, it should be so because there is recession in the country. General Demand for goods and services has dropped.
Re: Somersault ! CBN Set To Cancel The Foreign Exchange Primary Dealers by Grundig: 10:13am On Jul 25, 2016
I can imagine what's going through buhari's mind.

If only he had the powers to sack the cbn governor. Unfortunately, his tenure expires same year buhari's tenure runs out.

Having said that, the cbn under emefiele has been all shades of unconvincing.

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