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Energy firms urge CBN to sustain forex intervention
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Energy firms urge CBN to sustain forex intervention

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Power firms have urged the Central Bank of Nigeria to sustain its foreign exchange intervention in the financial market.
The Chief Executive Officer of Copperbelt Energy Corporation, Emmanuel Katepa says the interventions by the CBN  are significant and commendable.

He hinted that business were tough for many power distribution companies which could not access  forex before the current  interventions.

The apex bank has recently ordered the sale of  dollars at  three hundred and  sixty naira to one dollar…the rate has under cut activities in the alternative market.

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