The
Central Bank of Nigeria on Monday, January 11, 2016, directed that all banks
can begin to accept foreign currency cash deposits into domiciliary accounts.
The
CBN governor, Godwin Emefiele who made this announcement in Abuja also informed
that the CBN will henceforth discontinue sales of foreign exchange to Bureau De
Change operators.
I
believe this will bring some form of relief to Nigerians who have not had it
smooth ever since the embargo on foreign currency deposits was placed some
months ago.
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