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Home Tag IMTO

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Analysing the Central Bank of Nigeria’s Dollar Remittance Policy

Analysing the Central Bank of Nigeria’s Dollar Remittance Policy

February 3, 2021

Following CBN's policy, WorldRemit was the first digital service to offer its customers the option of USD cash pickup in ...

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Naira falls at NAFEX window as dollar supply continues to decline

by Chike Olisah

January 26, 2021

The exchange rate between the naira and the dollar depreciated closing at N394.50/$1 at the NAFEX Window.

New CBN guidelines ban MMOs, PSPs, Operators from receiving diaspora remittances

New CBN guidelines ban MMOs, PSPs, Operators from receiving diaspora remittances

by Nairametrics

December 17, 2020

The Central Bank of Nigeria has issued additional guidelines for diaspora remittances in the country

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN Governor discloses why they amended procedures for receipt of diaspora remittances

by Chike Olisah

December 5, 2020

The CBN Governor has disclosed the reason the apex bank amended the procedures for receipt of diaspora remittances into the ...

Forex: U.S dollar gains strength, global geopolitical climate worsens

New CBN Circular: CBN confirms only Banks can pay IMTO dollars

by Chidi Emenike

December 2, 2020

CBN issues update on how dollar transfers from friends and family living abroad should be paid

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