There’s Enough New Naira Notes To Meet Demand – CBN Clarifies New Directive

New notes

CBN has clarified its directive on the new banknotes. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has clarified that it did not ban Deposit Money Banks (DMBs) from paying customers new notes over the counter. This online media platform gathered that the CBN, in a memo, had directed the banks to … Read more

CBN To Stop Dollar Sales To Banks By End Of 2022 – Emefiele

CBN to stop dollar sales

CBN to stop dollar sales to banks by end of 2022, says they must start sourcing FX from export proceeds EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has said that it would discontinue the sale of foreign exchange to Deposit Money Banks (DMB) by the end of the year.  The CBN … Read more