CBN Says It’s Illegal to Buy Dollar with Naira – Threatens to Sanction Banks, Arrest Customers

As the naira continues spiraling downwards, the Central Bank of Nigeria is helplessly looking for a magic wand that will stop the currency from hitting the bottom. With its efforts yielding no good results so far, the CBN has notably taken no responsibility. The financial regulator has over the months accused people and organizations of … Continue reading CBN Says It’s Illegal to Buy Dollar with Naira – Threatens to Sanction Banks, Arrest Customers