CBN Sets New Limits For Foreign Currency Deposits At Commercial Banks

The Central Bank of Nigeria has issued updated guidelines to Deposit Money Banks concerning the deposit of foreign currency notes. This directive was detailed in a circular issued by the Director of Currency Operations, Mohammed Solaja, and posted on the bank’s website on Friday. The CBN specified that each bank is allowed a maximum daily […]

CBN issues new guidelines for foreign currency deposit

solacebase.com - 28/Jun 23:19

%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN) has issued fresh guidelines on foreign currency deposits by deposit money...

CBN sends message to commercial banks rejecting mutilated naira notes

newsclickng.com - 16:41

The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday...

CBN threatens to sanction banks rejecting mutilated naira notes

solacebase.com - 14:36

%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN) has threatened to sanction deposit money banks (DMBs) that reject mutilated...

CBN Threatens Sanctions as DMBs Reject Old US Dollar Notes

naija247news.com - 02/Jul 22:25

The Central Bank of Nigeria (CBN) issued a stern warning on Tuesday to Deposit Money Banks (DMBs) regarding their refusal to accept old and small...

CBN To Sanction Nigerian Banks

news360.info - 02/Jul 18:25

The Central Bank of Nigeria (CBN), on Tuesday, vowed to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United...

CBN To Sanction Banks For Rejecting Old Dollar Bills

koko.ng - 02/Jul 22:28

The Central Bank of Nigeria (CBN), disclosed plans on Tuesday, to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the...

JUST-IN: CBN Okays IMTOs To Sell Forex On Nigeria’s Official Window

koko.ng - 25/Jun 16:28

The Central Bank of Nigeria (CBN) has issued a directive allowing eligible International Money Transfer Operators (IMTOs) to sell foreign exchange...

FCDU loans grew 4% mainly for industries

businessmirror.com.ph - 01/Jul 16:08

LOANS granted via banks’ Foreign Currency Deposit Units (FCDU) posted a 4-percent year-on-year growth in the first quarter of 2024, according to the...

CBN To Sanction Banks Rejecting Old Dollar Notes

koko.ng - 03/Jul 08:48

The Central Bank of Nigeria (CBN) has warned against the continued rejection of old series and lower denominations of the United States of American...

JUST IN: CBN Shuts-Down Price Verification System Portal

technologymirror.com.ng - 27/Jun 08:58

The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal, effective July 1, 2024. In a...

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