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The Central Bank of Nigeria has assured members of the public that it has implemented monitoring mechanisms to ensure that deposit money banks fulfill the legitimate foreign exchange demands of customers.
The assurance was given by the apex bank’s acting Director in charge of Corporate Communications, Osita Nwanisobi, on Monday in a statement issued by the bank. He added that the CBN had received the commitment of the banks, through their chief executive officers, that customers with legitimate requests would not be turned back.
The statement said, “Nwanisobi, while disclosing that the CBN never planned to tamper with the foreign exchange deposits in the accounts of customers, insisted that those making such allegations were criminal speculators whose intention was to create panic in the foreign exchange market.
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