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. […]
Money Market
CBN Suspends New Withdrawal, Deposit Processing Fees
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 […]
CBN Establishes Investors’, Exporters’ FX Window
April 21, 2017/CBN Click here to Download Full PDF Circular Introduction The Central Bank of Nigeria (CBN), in a continuing effort to deepen the foreign exchange (FX) market and accommodate all FX obligations, hereby announces a special window for Investors, Exporters & End-users (hereinafter referred to as the “Investors’ & […]
