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currency volatility

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Business

CBN Implements 24-Hour Sell-off Directive for Nigerian Banks’ Excess Dollar Holdings

February 1, 2024

In a decisive move to curb currency volatility, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs)

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Recent Posts

  • Do2dtun Blames Refereeing for Nigeria’s AFCON 2026 Semi-Final Loss to Morocco
  • Burna Boy Announces New 2026 Single “For Everybody” in Collaboration with SportyTV
  • Regina Daniels’ Friend Ann Released After Two Nights in Detention Amid Theft Allegation
  • Teni Takes IV Drip, Humorously Blames Shatta Wale and Ghanaians for Super Eagles’ AFCON Loss
  • AFCON 2025: Davido and Peller Lose Big Bets as Super Eagles Fall to Morocco
  • AFCON 2025: FG Congratulates Super Eagles, Says Nigeria Remains Proud
  • FG and ASUU Reach 2025 Agreement to End University Strikes and Closures
  • Court Strikes Out FG’s Criminal Charges Against Senator Natasha Akpoti-Uduaghan
  • Dangote Refinery Launches 24-Hour Petrol Loading to Ensure Stable Supply Across Nigeria

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