NIGERIA — International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks on Friday informed their customers that they would no longer be able to receive dollars from family and friends in the diaspora. This followed the issuance of revised guidelines for International Money Transfer Operators by the Central Bank of Nigeria on January 31... punchng.com
Pages
Sun Jun 29 2025 00:39:59 GMT+0000 (Coordinated Universal Time)
• China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions
• Russian ruble crashed through the level of 100 to the dollar for the first time since March last year
• Central Bank of Nigeria has banned the use of foreign currency-denominated collaterals for naira loans
• CBN directs all banks to continue to issue and accept both the old and redesigned naira notes
• CBN's Currency in Circulation Drops Significantly, as Redesigned Naira Notes are Rolled Out — According to the CBN, it dropped from N3.16 trillion in November 2022 to N982.09 billion in February 2023
• CBN Autonomy Debate: How Truly Independent is the Central Bank of Nigeria — The Autonomy of the CBN and Political Influence - Article
International Money Transfer Operators have halted the payment of dollars to their Nigerian customers
Share ☞ Copy Link: 🔗 https://newsblist.blogspot.com/2024/02/international-money-transfer-operators.html
Published (Updated) on Saturday, February 10, 2024
• China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions
• Russian ruble crashed through the level of 100 to the dollar for the first time since March last year
• Central Bank of Nigeria has banned the use of foreign currency-denominated collaterals for naira loans
• CBN directs all banks to continue to issue and accept both the old and redesigned naira notes
• CBN's Currency in Circulation Drops Significantly, as Redesigned Naira Notes are Rolled Out — According to the CBN, it dropped from N3.16 trillion in November 2022 to N982.09 billion in February 2023
• CBN Autonomy Debate: How Truly Independent is the Central Bank of Nigeria — The Autonomy of the CBN and Political Influence - Article
Subscribe to:
Post Comments (Atom)
Share Your Thoughts