The Central Bank of Nigeria (CBN) increased its supply of the United States dollar at its regulated Wholesale Dutch Auction System (WDAS) last week by 46 per cent as it offered a total of $350 million, compared with the $240 million offered the preceding week. This was as a result […]
Tag: Central Bank of Nigeria
CBN Extends Deadline for Electronic Form ‘M’ Compliance
As part of efforts to ensure smooth implementation of the electronic form-M document earlier introduced, the Central Bank of Nigeria (CBN) yesterday disclosed that the deadline for compliance with policy has been extended to July 1. The form ‘M’ document is required by any person intending to import physical goods […]
CBN Extends KYC Update Deadline
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria Tuesday said it has extended the deadline on the update for Know Your Customer (KYC) in respect of Designated Non-Financial Businesses and Professions (DNFBPs). This is contained in a Circular with Reference Number FPR/DIR/GEN/CIR/03/001 dated February 25 2013 by Nwaoha […]
