August 9, 2016/CBN in view of the observed abuse of access to the Central Bank of Nigeria (CBN) Standing Lending Facility by authorised dealers, it has become imperative that some measures be taken to redress the trend and re-define the mode of operation by authorised dealers at the window. Thus, […]
Updates
CBN Says IMT Authorised Dealers to Sell Maximum of $30,000 Per BDC Weekly
August 9, 2016/CBN Further TO the Circular Reference No. TED/FEM/FPC/GEN/01/004 Dated July 22, 2016, which granted approval to Authorised Dealers who are agents to approved International Money Transfer Operators (IMTSO) to sell foreign currency accruing from inward money remittances to licensed Bureaux De Change Operators (BDCs), the following additional requirements […]
BVN: CBN Extends Deadline to December 2016 for Nigerian Banks Customers in Diaspora
August 9, 2016/CBN You will recall that as part of its efforts towards ensuring full implementation of the BVN project, the central Bank of Nigeria released the guidelines for the enrolment of Nigeria banks’ customers in diaspora in August 2015. The move was to ensure that the Nigerian Banks’ customers […]
