CBN sets $1m as capital requirement for International Money… Rhema Feb 2, 2024 The Central Bank of Nigeria (CBN) has established a minimum operating capital requirement for International Money…
Nigeria commits to 11.85% interest on $3.3bn Afrexim Bank… Rhema Jan 5, 2024 The $3 billion emergency loan was secured to stabilize the country’s volatile foreign exchange market, and…
You will be surprised to learn who Nigeria’s largest… Rhema Nov 16, 2022 As of June 2022, Nigeria’s public debt runs in the billions of dollars and the majority of creditors are Nigerians.…
Central Bank of Nigeria directs financial institutions to… SpyDa Feb 5, 2021 The Central Bank of Nigeria has directed financial institutions to close accounts of clients using their systems…
WorldRemit Leads the Way Offering a USD Payout Option in… SpyDa Dec 7, 2020 New CBN rules allow beneficiaries to withdraw funds in USD to boost formal remittances to Nigeria WorldRemit, a…
