2006-11-20 | TED/FEM/GEN/FPC/01/03

Embargo on Foreign Exchange Facilities

The Central Bank of Nigeria has placed two Bureaux De Change companies, Bankson Bureau De Change Limited and Confidence Bureau De Change Limited in Onitsha, under a foreign exchange embargo. As a result, no foreign exchange transactions are to be made by Authorised Dealers/Buyers or the general public on behalf of these firms until further notice. This decision has been taken by O.O. Akanji, Director of the Trade & Exchange Department.

Tags
fx
sanctions
enforcement