CBN sets $1m as capital requirement for International Money… Mercy Aboagye Feb 2, 2024 0 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… Mercy Aboagye Jan 5, 2024 0 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 0 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 0 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 2 New CBN rules allow beneficiaries to withdraw funds in USD to boost formal remittances to Nigeria WorldRemit, a…