The Central Bank of Nigeria (CBN) has said cash deposits into domiciliary accounts will no longer be restricted, and customers “shall have unfettered and...
Tag - CBN
Nigeria’s Central Bank has now approved Naira payouts for diaspora remittance, ending a ban that had been in place since December 2020 In a circular dated July...
Nigeria’s petrol may hit N750 per litre as the central bank floats the naira, which reportedly lost more than a third of its value on Wednesday. The steep...
The Central Bank of Nigeria (CBN) has instituted transaction limits ranging from N15,000 per transaction to N50,000 cumulative daily for the country’s novel...