CBN announces new guidelines for FX market, stops Naira4Dollar remittance, RT200 rebate
The Central Bank of Nigeria has released new operational changes to the foreign exchange market in the country. The Apex ...
Tag: FOREX
Naira hits N596/$1 at black market as traders begin hoarding
The Nigerian currency, Naira fell massively to the US dollar at the black market on Wednesday, amid an increase in ...
Forex: UBA complies with CBN directives, publishes details of defaulters
United Bank of Africa (UBA) has published the names of some individuals who applied for Personal Travel Allowance (PTA) and ...
Forex Sales: ‘We will publish details of fraudulent customers’ – FirstBank
First Bank of Nigeria Limited (FirstBank) has threatened to name and shame any of its customers caught falsifying documents to ...
CBN bans third party forex payments
The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through ...