Forex ban

Lawmakers Demand Explanation From CBN Governor On Lifting Of Forex Ban

Oct 24, 2023. by Praise Ben

EKO HOT BLOG reports that the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has been summoned by the House of Representatives regarding the decision to lift the forex ban on 43 items. Recall that the said items, including toothpicks, and cement, among others, were initially restricted from accessing forex in 2015. As … Read more

BREAKING: CBN Gives Fresh Directive To Banks Over Forex Ban

Aug 31, 2021. by Ekohot Editor

CBN has given a fresh directive to banks over forex ban. EKOHOTBLOG reports that the Central Bank of Nigeria (CBN) has ordered all commercial banks in the country to publish on their websites the names and Bank Verification Numbers (BVN) of customers who engage in fraudulent and unscrupulous practices to obtain foreign exchange from banks. … Read more