Banking CBN Removes Exchange Rate Band on Interbank FX Transactions February 10, 2024 Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced a removal of the spread on foreign exchange (FX) transactions among banks, in Read More
Banking CBN Removes Restriction on Domiciliary Accounts, Raises Cash Deposits to $10,000 June 18, 2023 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has removed the restrictions on domiciliary accounts and has increased the cash deposits to $10,000 Read More