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FDC Says Banks’ Documentation Process for Forex Cumbersome

FDC Says Banks’ Documentation Process for Forex Cumbersome

The Financial Derivatives Company Limited (FDC) Ji has described the documentation process required by banks for the sale of foreign exchange (forex) as cumbersome, saying this will pose a challenge to the public. The CBN Governor, Mr Godwin Emefiele, had last week, at the end of the Monetary Policy Committee meeting, …

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