The Central Bank of Nigeria (CBN) has assured bank customers of sufficient dollar supply to meet their legitimate overseas transactions.
The bank, in a statement Wednesday night, disclosed that it has discovered hoarding of foreign currencies by some banks, advising dissatisfied forex seekers to report defaulting banks without delay.
CBN’s Acting Director, Corporate Communications, Mr. Isaac Okorafor, said in a statement thus:
“The Central Bank of Nigeria (CBN) has reliably gathered that some banks are turning back customers that come to purchase BTA/PTA and forex for pilgrimage.
We hereby appeal to bank customers to go straight to their banks to buy forex as the CBN has supplied enough dollars to the banks, to meet needs in the invisibles segment. Customers are hereby enjoined to report any bank that refuses to attend to their legitimate demands within 24 hours. Please, call 07002255226.”
- Isaac Okorafor, Ag. Director, Corporate Communications.