CBN Issues Directive To Banks: Cease Utilization Of FX Revaluation Gains - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / CBN Issues Directive To Banks: Cease Utilization Of FX Revaluation Gains (90 Views)
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| CBN Issues Directive To Banks: Cease Utilization Of FX Revaluation Gains by Mateco556: 11:20am On Sep 12, 2023 |
Central Bank of Nigeria (CBN) issued a directive on Monday, instructing commercial banks to refrain from utilizing their foreign exchange (FX) revaluation gains for dividends and operational expenditures. The directive, which is expected to be implemented immediately, was conveyed in a letter dated September 11, 2023, and was signed by..... https://ratecaptain.com/cbn-issues-directive-to-banks-cease-utilization-of-fx-revaluation-gains/ |
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