Kwara,Kogi manufacturers hail withdrawal of forex from BDC operators

Date: 2021-10-01

Manufacturers Association of Nigeria (MAN) has said that the recent policy of the Central Bank of Nigeria (CBN) to withdraw foreign exchange from Bureaux De Change (BDCs) in the country could bring a temporary hike in the exchange rate.

Though the manufacturers commended the policy despite the possible hike in the exchange rate, they said that the Nigerian economy would be better for it in the long run.

Source

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