Trade and Exchange

The Central Bank of Nigeria (CBN) has threatened to withdraw operating licenses of International Money Transfer Operators (IMTOs) who are defying its orders and still paying remittances in Naira The apex bank in a circular titled,…

Following the request of the Association of Bureau de Change Operators of Nigeria (ABCON) to declare market holiday on it’s members weekly bidding, the Central Bank of Nigeria (CBN) has suspended the sales of foreign exchange to operators…