CBN, EFCC to expose banks, others over forex infractions - RightNews9ja

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Wednesday, December 5, 2018

CBN, EFCC to expose banks, others over forex infractions

December 5, 2018

Nike Popoola


The Central Bank of Nigeria has said it will partner with the Economic and Financial Crimes Commission to expose and sanction institutions that work against its foreign exchange policy on stimulating domestic production.


The CBN Governor, Godwin Emefiele, was quoted in a statement as saying this in Lagos.


Emefiele said, “The CBN’s Economic Intelligence and Banking Supervision Departments will work very hard with the EFCC to expose and sanction any bank, company or forex operator that colludes with unscrupulous individuals/companies to undermine the policy on 41 items.

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