Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Nigeria’s CBN announces new changes in the foreign exchange market

Nigeria’s CBN announces new changes in the foreign exchange market


Cryptopolitan
2024-02-04 21:01:26

The Central Bank of Nigeria (CBN) recently made a significant announcement on January 31, signaling a change in its approach to the foreign exchange market. The central bank declared the removal of caps on naira exchange rates set for international money transfer operators (IMTOs). This decision, aimed at further liberalizing the foreign exchange market, has


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.