By Racheal Ishaya
Central Bank of Nigeria (CBN) says it has made available 210 million dollars to meet customers’ requests in various segments of the foreign exchange market.
The apex bank disclosed this in a statement signed by Mr Isaac Okorafor, the acting Director, Corporate Communications, in Abuja, on Wednesday.
Okorafor said CBN offered 100 million dollars to authourised dealers in the wholesale segment of the market.
He noted that the Small and Medium Enterprises (SMEs) segment got an allocation of 55 million dollars.
He added that customers needing foreign exchange for invisibles such as tuition fees, medical payments and Basic Travel Allowance (BTA), among others, were also allocated 55 million dollars.
He stated that “CBN has reliably gathered that some banks are turning back customers that come to purchase BTA/PTA and Foriegn Exchange for pilgrimage.
“We hereby appeal to bank customers to go straight to their banks…
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