Isaac Okorafor, CBN spokesmanThe Central Bank of Nigeria (CBN) has expressed bitterness over a report by a Nigerian medium, the BusinessDay newspaper alleging that faceless agents have been pocketing over N32bn annually in the apex bank’s financial system.
The management of the CB in a statement by the apex bank’s director of Corporate communications, Isaac Okorafor, described the report in its entirety as false, saying that report is unfounded and untrue.
The statement which challenged BusinessDay to provide the names and also verifiable evidence of collusion between the so-called faceless agents and officials of the CBN, who are working to perpetuate these so called Fx racket schemes.
“We would also urge the management of BusinessDay to contact the CBN prior to making such spurious allegations, as we were denied the benefit of responding to this article.
“The CBN wishes to remind BusinessDay, as most financial observers have noted, that the Fx rates across various markets governed and regulated by the CBN, have been converging, leaving no room for arbitrage opportunities in Nigeria’s Fx market.
“For avoidance of doubt, the CBN will continue to act in the best interest of Nigeria and shall ensure it remains focused on its core mandate of sustaining the stability in the FX market.”
