By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said that 3239 Bureaux De Changes are in compliance with its new requirments as at April 24, 2017. Click here to view the updated list

24/4/2017/CBN The absence of a unique identifier in the Nigerian banking industry has been a major challenge inhibiting the effectiveness of the Know Your Customer (KYC) principle. To address this challenge and complement the existing means of identification of customers, which include: the Driver’s License; the International Passport; the National […]

Culled–Proshare 24/4/2017/CBN The Central Bank of Nigeria (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the forex auction in the interbank wholesale window, Small and Medium Enterprises (SMEs) and invisibles segments. A breakdown of the total offer indicates that the sum of […]