Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate
Nigeria aims to implement new foreign exchange regulations to close the naira's significant gap with the unofficial rate and achieve ...
Tag: regulations
CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.
The Central Bank of Nigeria (CBN) has released the Customer Due Diligence (CDD) regulations for 2023, aimed at assisting financial ...
CBN revocation of Microfinance Bank Licenses Sends Shockwaves Through Nigeria’s Economy. Here’s how it affects you.
Recently, the Central Bank of Nigeria (CBN) made a significant move by revoking the operating licenses of several microfinance banks, ...
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