CBN to return capital deposits, licensing fees of pending Bureaux de Change application
. By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, announced it will commence the return of capital deposits and licensing fees to promoters who have pending Bureaux de Change (BDC) licence applications. The apex bank, today, disclosed this in a letter to Promoters of BDCs and Deposit Money Banks, DMBs. The regulator also directed, […]
CBN extends Naira-4-Dollar scheme indefinitely
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it has extended its Naira-4-Dollar scheme until further notice. The apex bank disclosed this in a circular titled: “Re: Introduction of the CBN’s “Naira 4 Dollar Scheme” for Diaspora Remittances.” The circular, signed by Director, Trade and Exchange Department, CBN, Saleh Jibrin, stated: “Further […]
CBN extends Naira 4 dollar incentive for diaspora remittances
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank announced the extension on Wednesday through a memo by Saleh Jibrin, Director of Trade and Exchange Department, addressed to Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs), and […]
Experts laud extension of Naira4Dollar scheme by CBN
Experts on Thursday commended the Central Bank of Nigeria (CBN) for extending the Naira4Dollar scheme expected to close on May 8.
CBN Gov vows to resist maize importation
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has vowed to resist maize importation.
Just in: CBN extends Naira 4 Dollar Scheme
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it has extended its Naira 4 Dollar Scheme until further notice. The apex bank disclosed this in a circular titled: “Re: Introduction of the CBN’s “Naira 4 Dollar Scheme’’, for Diaspora Remittances.” The circular, signed by Director, Trade and Exchange Department, CBN, Saleh Jibrin stated: […]
