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 ...
Tag: domiciliary accounts
House of Reps member calls for closure of domiciliary accounts to save naira
A House of Reps member, Ibrahim Obanikoro, Â 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.
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