The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. The News Agency of Nigeria (NAN) recalls that the apex bank
The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has said stiff sanctions await any customer or bank who defrauds the new Foreign Exchange
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) Tuesday released a total of $200 million to all commercial banks in the country as part of efforts
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the country.
The immediate past Director General (DG) of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf has called on the Nigerian authorities to create an
On April 21, 2017, Nigeria’s apex monetary authority- the Central Bank of Nigeria opened a new special forex (FX) window dedicated to investors, exporters and end users
By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has made an indefinite extention of its ‘Naira 4 dollar scheme’ earlier scheduled to
By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and Authorized Forex dealers to accept both old
By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has added sugar and wheat to the list of items restricted from accessing Foreign