NIGERIA — The Central Bank of Nigeria (CBN) has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. This is coming more than two years after the suspended former CBN governor, Godwin Emefiele, stopped the sales of foreign exchange to BDC operators... punchng.com
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Sun May 25 2025 06:07:13 GMT+0000 (Coordinated Universal Time)
• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent
• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions
• CBN directs all PoS providers to route transactions through an approved payment terminal
• CBN has given next-of-kins the authority to access funds in dormant accounts of their loved ones
• Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent
• Central Bank of Nigeria has directed all Banks to deposit their excess foreign currency notes with its branches
CBN to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country
Published (Updated) on Tuesday, February 27, 2024
• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent
• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions
• CBN directs all PoS providers to route transactions through an approved payment terminal
• CBN has given next-of-kins the authority to access funds in dormant accounts of their loved ones
• Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent
• Central Bank of Nigeria has directed all Banks to deposit their excess foreign currency notes with its branches
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