BANKING
CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks
CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks – Central Bank of Nigeria (CBN) has shed more light on reports of plans […]
Forex
ECONOMY
CBN may Sanction Microfinance Banks for illegal Forex Trading
CBN may Sanction Microfinance Banks for illegal Forex Trading – The Central Bank of Nigeria (CBN) has threatened to sanction and revoke the licences of microfinance […]
BANKING
Banks Lament Fraudulent Forex Requests by Customers
Banks Lament Fraudulent Forex Requests by Customers – The Bankers’ Committee has expressed concern over the fraudulent demands for foreign exchange (forex) by bank customers. The […]
ECONOMY
Naira Now N508/$1 at Unregulated FX Market as Pressure Eases
Naira Now N508/$1 at Unregulated FX Market as Pressure Eases – The value of the Naira against the United States Dollar at the black market has […]
ECONOMY
Nigeria’s central bank to monitor banks’ foreign exchange sale to customers
Nigeria’s central bank to monitor banks’ foreign exchange sale to customers – The Central Bank of Nigeria’s (CBN‘s) has assured the public that it will monitor […]
ECONOMY
Nigerian Manufacturers says Single Forex Window will Eliminate Middlemen Excesses
Nigerian Manufacturers says Single Forex Window will Eliminate Middlemen Excesses – The Manufacturers Association of Nigeria (MAN) has expressed hope in the recent forex policy instituted […]
BANKING
Nigerian Banks Woo Customers with Forex, Sell Dollar at N412
Nigerian Banks Woo Customers with Forex, Sell Dollar at N412 – Deposit Money Banks (DMBs) are beginning to encourage customers to come to them for their […]
ECONOMY
Nigeria’s Central bank assures No Plan to Covert Forex in domiciliary Accounts
Nigeria’s Central bank assures No Plan to Covert Forex in domiciliary Accounts – The Central Bank of Nigeria (CBN) says there are no plans to convert […]
ECONOMY
Nigerian banks announces they’re fully open for Forex needs of customers
Nigerian banks announces they’re fully open for Forex needs of customers – Deposit money banks in the country have moved to implement the directive from the […]
BANKING
Manufacturers Urges Banks Not to Hoard Forex after Nigeria’s central bank Directive
Manufacturers Urges Banks Not to Hoard Forex after Nigeria’s central bank Directive – The Manufacturers Association of Nigeria (MAN) has urged commercial banks to comply strictly […]