Dollars
CBN Directs Banks and Forex Dealers to Accept Old Series, Lower Denominations of Dollars
The Central Bank of Nigeria (CBN) has issued a directive to banks and foreign exchange (FX) dealers to cease the rejection of old...
EFCC Clarifies Position on Foreign Missions Transacting in Dollars
The Economic and Financial Crimes Commission (EFCC) has clarified that it did not impose a ban on foreign missions from transacting in 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) to set up teller points to meet legitimate foreign exchange (FX)...
CBN orders banks, BDC operators to accept old, smaller denominations of USD
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old series...
CBN Pumps $195m Into Foreign Exchange Market
The Central Bank of Nigeria (CBN) has injected the total sum of $195 million into various segments of the inter-bank foreign exchange market....
CBN to Inject More Dollars Into Forex Market to Further Strengthen Value of Naira
HIGHLIGHT – CBN The Central Bank of Nigeria (CBN) will on Saturday pump more dollars into the foreign exchange market in continuation...
CBN Disburses $221.37m to 16 Banks for BTA, School fees, Others
HIGHLIGHT The Central Bank of Nigeria (CBN) says it has disbursed 221.37 million dollars to 16 banks through the interbank foreign exchange...
NCAA Warns Airlines to Stop Selling Tickets in Dollars
The Nigerian Civil Aviation Authority (NCAA) has warned airlines, particularly foreign ones, to desist from selling tickets in United States dollars. The aviation...
CBN Stops Daily Sale, Auctioning of Dollar
The Central Bank of Nigeria, CBN has put an end to daily dollar auctioning its director of financial markets on Friday announced. “We...