Why Excess Crude Is Not Designated In Dollars, CBN

The Central Bank of Nigeria, CBN, has given an insight into why the bank does not designate Excess Crude account in dollars, saying it was constrained by the country’s constitution.Answering questions, yesterday, when he appeared before Senator Bassey Otu-led Senate Committee on Banking, Insurance and other Financial Institutions, CBN Deputy Governor, Suleiman Barau, said the apex bank was still