22/4/2017/Punch The Central Bank of Nigeria has resisted calls from financial institutions in Washington to float the naira, saying it cannot kill Nigerians in the name of floating the currency. Speaking to journalists on the sidelines of the World Bank/International Monetary Fund spring meetings in Washington DC, United States, the […]

Culled–Proshare April 21, 2017/CBN Further to the circular referenced TED/FEM/FPC/GEN/01/002 dated April 10, 2017, on the above subject, the Central Bank of Nigeria hereby introduces the use of FORM Q by Small and Medium Scale Enterprises (SMEs) as part of its efforts to improve access to foreign Exchange by SMEs. […]

April 21, 2017/CBN You will recall that a directive was issued on the nationwide implementation of the Cash-less policy vide our circular with reference numbers BPS/DIR/GEN/CIR/04/001 dated 21st February, 2017 and BPS/DIR/GEN/CIR/04/002 dated 16th March, 2017 Please note that the new withdrawal and deposit processing fee charges above the threshold […]