2014-11-06 | TED/FEM/FPC/GEN/01/022

Exclusion of Some Transactions from the RDAS Window

The Central Bank of Nigeria has directed that the importation of certain items, including electronics, finished products, information technology, generators, and telecommunication equipment, will be funded solely through the interbank foreign exchange market. This measure aims to maintain stability in the foreign exchange market and strengthen existing policy initiatives. The bank has instructed authorized dealers and the public to ensure strict compliance with this directive.

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fx