ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent ...
Tag: domiciliary accounts
Domiciliary account balances in Nigeria estimated at $16 billion
...Why it cannot be converted into Naira by CBN Nigeria has an estimated $16 billion in domiciliary accounts of commercial ...
House of Reps member calls for closure of domiciliary accounts to save naira
A House of Reps member, Ibrahim Obanikoro, representing Eti-Osa Federal Constituency, Lagos State, has called on the Central Bank of ...
CBN denies report of plans to convert customers’ foreign currency account to naira
The CBN has dismissed reports of its planned conversion of foreign exchange in domiciliary accounts of bank customers into naira.
CBN issues subtle warning explaining how domiciliary accounts should be used
The CBN has issued a new circular explaining how domiciliary accounts should be used.
