“Bank Issues Warning Against Dollar Hoarding Amid CBN Reforms: Not the Time to Stockpile

“Standard Chartered Bank Urges Nigerians to Avoid Dollar Hoarding Amid CBN Reforms: Emphasizes Buying Only Necessary Amounts

Standard Chartered Bank’s Head of Financial Markets advises Nigerians against hoarding dollars and encourages purchasing only the required amount at any given time. The bank underscores the importance of patience, noting that it may take some time before the effects of the implementations are realized. Additionally, the Chairman of the bank highlights how the foreign exchange issue is contributing to unnecessary stress among Nigerians.”
“Standard Chartered Bank Issues Warning to Nigerians Against Dollar Hoarding Amid Foreign Exchange Market Instability”