CBN vows to arrest any Nigerian buying dollars with Naira

<h4><span style&equals;"font-size&colon; 16px&semi;">The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians buying dollars with naira&period;<&sol;span><&sol;h4>&NewLine;<p><img class&equals;"aligncenter wp-image-29627 size-full" src&equals;"https&colon;&sol;&sol;thedailypage&period;ng&sol;wp-content&sol;uploads&sol;2022&sol;07&sol;images-2022-07-20T143200&period;233&period;jpeg" alt&equals;"CBN to arrest people buying dollars with naira " width&equals;"701" height&equals;"438" &sol;><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 16px&semi;">The CBN governor&comma; Godwin Emefiele&comma; stated this at the Monetary Policy Committee &lpar;MPC&rpar; meeting in Lagos on Tuesday&comma; July 20&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 16px&semi;">He said&comma; &OpenCurlyDoubleQuote;For those taking money from banks to buy dollars&comma; it is illegal to do so&period; If the security agencies hold you&comma; you will know the implication of that&period;<&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 16px&semi;">&&num;8220&semi;We will conduct investigations&comma; and we will have proof&comma; and you will not be able to conduct transactions in any Nigerian bank&period; <&sol;span><&sol;p>&NewLine;<p><span style&equals;"font-size&colon; 16px&semi;">&&num;8220&semi;We will place &OpenCurlyQuote;post no debit’ on the defaulting customer’s account&period; It is a very injurious tool to stop you from conducting illegal flows&comma; either domestic or foreign currency&period;&&num;8221&semi;<&sol;span><&sol;p>&NewLine;