CBN Introduces New Forex Guidelines for BDCs
According to the new regulations, BDCs are required to source the allotted…
CBN Clears $7 Billion Outstanding Forex Backlog
The CBN Governor made the announcement during the Nigeria's Regulatory Policy Framework…
Telecos to Cut Bank USSD Access Today Over Unpaid Debt
The Nigerian Communications Commission (NCC) had previously issued a directive on January…
PoS Withdrawal Limit Implementation Policy Begins
Banks in Nigeria have begun implementing a daily withdrawal limit of N100,000…
CBN Governor , Olayemi Cardoso Unveils Plan to Combat Naira Commoditization
CBN unveiled strategic plan aimed at combating the commoditization of the naira…
NiDCOM Reveals Nigerians Abroad Remit Over $90 Billion in Five Years – Dabiri-Erewa
NiDCOM boss says Nigerians living abroad spent approximately N60 billion during their…
Dabiri-Erewa Hails CBN’s Non-Resident Nigerian Accounts
Hon. Abike Dabiri-Erewa, Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), has…
Nigeria’s Forex Inflows Surge 65.7% YoY to $46.92 Billion in 2024
Nigeria's forex inflows rose 41% YoY to $79.8B in 2024, with strong…
Naira Gains N6.8 Against Dollar at Official Forex Market
Naira rose to N1,534.56 at the official market, gaining N6.8. Black market…