Case Law

CBN MOVED TO STOP A SUIT AGAINST IT FOR “INJURIOUS” FOREX POLICY BUT THE COURT OF APPEAL STOOD IN THE WAY

The Central Bank of Nigeria (CBN) is the regulator of the Foreign Exchange Market in Nigeria. The CBN periodically issues foreign exchange manuals and circulars for the operation and regulation of the market. This is in line with its statutory mandate to determine from time to time, by a suitable mechanism, the exchange rate of […]