Last week, the Central Bank of Nigeria (CBN) banned the sale of forex to Bureau De Change operators (BDCs).
Emefiele had directed banks to set up dedicated teller points for forex sales.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Groups Laud CBN’s Ban on Forex Sale to BDC OperatorsBy Udora Orizu Ethnic Youth Leaders and African Centre for Justice and Human Rights (ACJHR) have lauded the decision of the Central Bank of Nigeria (CBN) under the leadership of its Governor, Godwi…
Read more »
Mixed reactions trail BDC forex ban in aviation industry - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Nigerian Newspapers: 10 things you need to know this Tuesday morningGood morning! Here is today’s summary from Nigerian Newspapers: 1. The Inspector-General of Police, IGP Usman Alkali Baba, yesterday, appointed DCP Tunji
Read more »
No plan to convert bank customers' foreign currency into naira, says CBNThe Central Bank of Nigeria has said it is not planning to convert the foreign exchange in domiciliary accounts of bank customers into naira.
Read more »
Naira strengthens to 512/$1, banks sell dollar for N412The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points for customers
Read more »
We'll not tamper with forex in domiciliary accounts -- CBNThe bank said it has no intention of converting foreign exchange deposits in the accounts of customers.
Read more »