Monthly Archives: June 2016

CBN appoints 15 forex primary dealers as naira floats

Nigeria’s central bank has appointed 15 of its commercial lenders as primary forex dealers, as the naira tumbled 30 percent after it lifted its peg on the currency, Reuters reported on Monday Dealers included Stanbic IBTC Bank, Standard Chartered Bank, Citibank, Zenith Bank, Access Bank , UBA, Sterling Bank, FCMB. …

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