The Governor of the Central Bank of Nigeria, Godwin Emefiele has refused to reverse the ban on Forex Sales to BDCs.
Naija News reports that Emefiele remain hell-bent on his decision despite the Skyrocketing price of Naira exchange rates.
The CBN governor while speaking at the Monetary Policy Council meeting on Friday in Abuja, said the only exchange rate he recognise presently is the I&E window rate, “which is the rate we expect everyone that wishes to procure foreign exchange to use,” he noted.
Recall that the Association of Bureau De Change Operators of Nigeria (ABCON) had…
