Tuesday, April 09, 2024
CBN Discontinues Use Of Foreign Currency Dominated Collaterals For Naira Loans
The Central Bank of Nigeria has decided to discontinue the practice of accepting foreign currencies as collateral for loans issued in naira and issued a directive to all Nigerian banks, instructing them to discontinue the practice .
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Good news
ReplyDeleteNothing good about this
DeleteThis cbn is operating a dictatorship
New Rules should after things going forward not retroactive
They are creating more instability with these news rules everyday
It's good news, it's a way of stabilising the economy.
DeleteGood one
ReplyDeleteWay to go
ReplyDeleteNice one
ReplyDeleteWoww good one
ReplyDeleteGood one i just hope cost of living in Nigeria will just go down.
ReplyDelete