The Central Bank of Nigeria has assured that it is not planning to convert the foreign exchange in domiciliary accounts of bank customers into naira.
This is according to the Acting Director in charge of Corporate Communications, Mr. Osita Nwanisobi, who pointed out that those behind the speculations are criminal elements looking to create panic in the foreign exchange market.
He guaranteed that the CBN will ensure that the legitimate FX demands of customers are met by commercial banks and advised FX operators to go about their business without worries.
Mr. Nwanisobi said this after the CBN Governor, Mr. Godwin Emefiele, announced that deposit money banks will henceforth be in charge of the sale of foreign exchange to Bureau De Change and other customers.
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