Nigeria: CBN's Move to Restore Confidence, Boost Forex Liquidity allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
The Central Bank of Nigeria has in the past week issued series of circulars aimed at boosting liquidity in the foreign exchange market as well as ensuring
The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market has raised mixed concerns in the country's
The Central Bank of Nigeria (CBN) has banned banks and financial technology companies (fintechs) from international money transfer services. The apex bank announced the new development in the revised guidelines for the operations of IMTOs, which were officially released on January 31, 2024. According to the document published on its website, Nigeria's bankers bank excluded individuals from the management of banks, shareholders, and officers of a bank.