The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent dollar domiciliary account holders from obtaining foreign exchange through the NAFEM and NAFEX markets.
...Why it cannot be converted into Naira by CBN Nigeria has an estimated $16 billion in domiciliary accounts...
A House of Reps member, Ibrahim Obanikoro, representing Eti-Osa Federal Constituency, Lagos State, has called on the Central...
The CBN has dismissed reports of its planned conversion of foreign exchange in domiciliary accounts of bank customers into naira.
The CBN has issued a new circular explaining how domiciliary accounts should be used.
