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Tag: CBN
JUST IN: CBN Begins Sales Of Forex To BDCs
February 27, 2024
The Central Bank of Nigeria (CBN) has announced the commencement of sales of foreign exchange worth $20,000 to eligible Bureau De Change operators across the country. This was stated in a circular issued and signed ...
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CBN Suspends Processing Fees On Large Cash Deposits
December 11, 2023
The Central Bank of Nigeria has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits. This was disclosed in a ...
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Forex Ban: CBN Directs Banks To Publish Names Of Defaulters
August 31, 2021
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to obtain foreign exchange from ...
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