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This is in connection with an alleged $14.86 million fraud when he was former Minister of State for Petroleum Resources.
The CBN has two short term lending windows for banks: the Standing Lending Facility (SLF) and Repo lending.
Today, the Naira Black Market exchange rate for 1 US Dollar is 1398 Naira, British Pound is1890 Naira While EURO is 1595 Naira.
