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Very soon, you may be unable to make international calls because telecoms operators owes...

Some Nigerian telecom operators are said not to have been honoring the agreement they signed with foreign telcos in forex. Subscribers might not be able...

Push Aside the Multiple Exchange rates – Prof Soludo to FG and CBN

Former Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Charles Soludo, has asked on the federal government to push aside its policy of various...

CBN introduces new forex rate

The Central bank of Nigeria CBN has directed all commercial banks to instantly commence the sale of foreign exchange to their customers at amount not exceeding...

Telecommunication sector seek direct foreign exchange allocation

The Association of Licensed Telecommunications Operators of Nigeria, ALTON, has requested for direct Foreign Exchange (FX) allocation for the telecommunications sector. Engr. Gbenga Adebayo Gbenga Adebayo...

CBN Re-introduces Cashless Charges on Bank Deposits Withdrawals and E-payment

The Central Bank of Nigeria, CBN, yesterday, February 23, 2017 has bring back charges on cash deposits in banks, which would be implemented effective from April...

Nigeria gives new directive on foreign exchange

Nigerian apex bank i.e. the Central bank of Nigeria has announced a new policy with respect to foreign exchange and its acquisition which is expected to...

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