Circulars
Regulatory Circulars
New CBN Circular: CBN confirms only Banks can pay IMTO dollars
CBN issues update on how dollar transfers from friends and family living abroad should be paid
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New CBN circular targets Payment channels, FinTechs.
The new circular is basically a tax on the volume of transactions and could rake in billions in stamp duty...
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BOOM: CBN issues new circular that could force banks to lend to nearly everyone.
The Central Bank of Nigeria has issued a circular mandating commercial banks to lend up to 60% of the customer...
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CBN issues new forex circular to banks and BDCs
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to sell foreign exchange across the...
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CBN Issues New Circular: “Don’t Panic, We Have Enough FX”
Nairametrics| A friend of Nairametrics once remarked "A Circular a day, keeps speculators away". It appears the CBN is determined...
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Implications Of The CBN Circular on Virtual Currencies (VC) Operations In Nigeria
The Central Bank of Nigeria (CBN) yesterday released a circular concerning Virtual Currency (VC) operations in Nigeria. While the apex...
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CBN Warns Illegal Money Transfer Operators In This New Circular
The Central Bank has issued a new circular warning Illegal Money Transfer Operators to stop facilitating illegal transfer of forex...
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New Circular: CBN To Sell Dollars Direct To These Industries
The Central Bank of Nigeria has issued a new circular indicating that it will intervene in the forex market by...
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Forex Ban: CBN Issues Circular Re-Admtting UBA Into The Forex Market
The Central Bank of Nigeria has made a U-turn as it lifted the ban in placed on United Bank for...
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CBN “deletes” Hajj circular from webiste
The Central Bank of Nigeria appears to have deleted the Hajj circular from its website. The circular which appeared last...
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