No Deadline On Circulation Of Old Naira Notes – CBN
No Deadline On Circulation Of Old Naira Notes – CBN
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CBN Mandates Naira for International Transfers via IMTOs
In accordance with the recent directives from the Central Bank of Nigeria (CBN), naira will now be the currency for international transfers facilitated by international money transfer operators (IMTOs).
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CBN Lifts Ban On Cryptocurrency Transactions
The CBN announced the reversal of the policy in a circular by Haruna Mustapha, its director, Financial Policy and Regulation.
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CBN Threatens To Sanction Commercial Banks, PoS Operators Hoard Cash
According to a statement by CBN’s Acting Director, Corporate Communications, Hakama Sidi-Ali, failure to comply with the warning will attract severe sanctions.
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