Legit on MSN23h
Revealed: Why CBN threatened to revoke dealership licence banks, other FX traders
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
Daily Post Nigeria on MSN14h
CBN lists conditions for sale of FX to BDC operators
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
Daily Post Nigeria on MSN1d
CSO urges CBN to exclude Hajj pilgrims from BTA payment via ATM policy
A faith-based registered Civil Society Organization, CSO, that reports, monitors and advocates for workable Hajj policies in ...
PM News on MSN1d
CBN introduces new FX sales to BDCs
The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing ...
Legit on MSN6d
CBN reveals why naira is gaining against the dollar
The apex bank launched a new FX Code to boost liquidity and transparency, warning banks and traders of dire consequences if ...
businessday16h
Naira appreciates further after CBN’s new BDC directives
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
businessday1d
CBN orders BDCs to endorse dollar sales on passports
The Central Bank of Nigeria (CBN) has issued new directives for Bureau de Change (BDC) operators, mandating that records be ...
Nairametrics1d
CBN limits BDCs to one dealer bank per week for $25,000 FX
The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...
Legit on MSN1d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service Debts
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
TheCable1d
‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
Legit on MSN1d
CBN Gives New Instructions Affecting Dollar Sale on Foreign Passport, BVN Transaction
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...
Nairametrics3h
NIBSS upgrades NQR payment to enhance digital transactions in Nigeria
The Nigeria Inter-Bank Settlement System (NIBSS) has unveiled significant upgrades to its Nigeria Quick Response (NQR) payment system, designed to ...