Tag: Dollars

CBN orders banks to set up teller points to fulfil legitimate forex demands

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs)…

Farouk Mohammed Farouk Mohammed

CBN orders banks, BDC operators to accept old, smaller denominations of USD

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs)…

Farouk Mohammed Farouk Mohammed

CBN Pumps $195m Into Foreign Exchange Market

The Central Bank of Nigeria (CBN) has injected the total sum of…

Farouk Mohammed Farouk Mohammed

CBN to Inject More Dollars Into Forex Market to Further Strengthen Value of Naira

HIGHLIGHT - CBN   The Central Bank of Nigeria (CBN) will on…

Farouk Mohammed Farouk Mohammed

CBN Disburses $221.37m to 16 Banks for BTA, School fees, Others

HIGHLIGHT   The Central Bank of Nigeria (CBN) says it has disbursed…

Farouk Mohammed Farouk Mohammed

NCAA Warns Airlines to Stop Selling Tickets in Dollars

The Nigerian Civil Aviation Authority (NCAA) has warned airlines, particularly foreign ones,…

Farouk Mohammed Farouk Mohammed

CBN Stops Daily Sale, Auctioning of Dollar

The Central Bank of Nigeria, CBN has put an end to daily…

Farouk Mohammed Farouk Mohammed

CBN Bans Cash Deposits Into Domiciliary Accounts

The Central Bank of Nigeria (CBN) has banned the payment of cash…

Farouk Mohammed Farouk Mohammed