Godwin Emefiele, CBN Governor
The Central Bank of Nigeria (CBN) on Tuesday warned individuals and corporate organisations against the use of foreign currency to carry out transactions in the country.
This was contained in a statement signed by Alhaji Ibrahim Mu’azu, Director, Corporate Communications, CBN, in Abuja.
“The attention of the bank has been drawn to the increasing use of foreign currencies in the domestic economy as a medium of payment for goods and services by individuals and corporate organisations.
“It has also been observed that some institutions price their goods and services in foreign currencies and demand payments in foreign currencies rather …Read More
Source:: PM Newspaper
