We Did Not Receive Any Query From AGF – CBN

The Central Bank of Nigeria [CBN] has denied reports that its governor, Godwin Emefiele and some top management staff have been queried by the Office of the Attorney General of the Federation (AGF) over the sale of foreign exchange.

Acting Director of Corporate Communications, Mr. Isaac Okoarafor, said in a statement yesterday that the apex bank observed that while it was perfectly normal for any agency of government to seek clarifications on any matter from other agencies of government, it wishes to clarify that neither the governor of the CBN nor the Director, Legal Services Department, received any communication with regard to the issue.

The CBN said as a responsible government institution, the third currency transactions should be in line with the prevailing forex rate range in the interbank market, when properly examined.

__________

Follow us on Twitter at @thesignalng

Copyright 2017 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.