The Central Bank of Nigeria plans to issue N171.83bn ($1.09bn) in treasury bills ranging from three-month to one-year maturities at its regular bi-monthly debt auction on October 11. The regulator said it would issue N30.16bn in 91-day paper, N73.49bn in 182-day bills and N68.18bn in the 364-day paper next week. […]
World News
Banks to accept voter card for identification
The Central Bank of Nigeria on Thursday directed all deposit money banks and financial institutions to include the Independent National Electoral Commission voter’s card as an acceptable means of identification for the purpose of transacting business in the banks. The CBN, in a circular to all banks and financial institutions, […]
Forex: CBN lists documentation requirements for BDCs
The Central Bank of Nigeria has listed the various documentation requirements expected from bureaux de change in the country. The CBN said that BDCs were expected to keep documentation and render returns on statement of assets and liabilities, statement of profit and loss account and foreign exchange purchases and utilisation. […]
