CBN’s Prosecuting Forex Defaulters to Secure a $7 Billion Market
Ensuring Forex Market Stability: CBN’s Decisive Move Against Defaulters The Central Bank of Nigeria (CBN) is taking a bold step to address mounting concerns within the financial landscape by announcing its intention to prosecute forex defaulters. This strategic move is prompted by the escalating worries tied to the approximately $7 billion in matured forex forwards,…