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ABCON backs CBN’s directive on non-export domiciliary accounts

ABCON backs CBN’s directive on non-export domiciliary accounts

Gwadabe expressed surprise that some companies and manufacturers with huge billions of dollar balances in their non-oil export domiciliary accounts sourced foreign exchange needs in the official...

11 April 2024 2:31 PM IST
No plans to convert domiciliary accounts into Naira – CBN

No plans to convert domiciliary accounts into Naira – CBN

The attention of the CBN has been drawn to a story published by a national newspaper, alleging that the Federal Government is considering converting 30 billion dollars domiciliary deposits to Naira.

3 Feb 2024 7:30 PM IST