The CBN noted that authorized dealers are only allowed to sell foreign exchange cash to BDCs, subject to a maximum of USD 25,000.00 per week per BDC. The Apex Bank warned that any breach of this ...

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season ...

By Babajide Komolafe. In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes ...

MANILA, Philippines — Albay 2nd District Rep. Joey Salceda has clarified that he has been supportive of proposals to grant media company ABS-CBN a new franchise and ...

The cannabinoid community consensus is that CBN helps you sleep. Here’s what the science says about how it compares to THC and CBD and whether it will make a difference in how quickly you fall ...

The Central Bank of Nigeria (CBN) has been at the forefront of bold economic reforms recently, especially in 2024, signaling a renewed commitment to stabilising the nation’s economy under the ...

While both the 12 and some 24-valve Cummins 5.9L engines are known to suffer from the killer dowel pin issue, it's believed that the former models are more prone to experience the problem.

One notable provision in the guidelines is the enforcement of a $100,000 minimum tradable amount, with incremental clip sizes of $50,000. The EFEMS is also limited to spot FX transactions ...

The Central Bank of Nigeria, CBN, has uncovered a fresh fake SWIFT message scheme and warned Nigerians and the general public against falling victim to fraudsters. The spokesperson of the apex ...

…withdraws 2024-2025 Policy Guidelines Amid Misrepresentation. The Central Bank of Nigeria (CBN) has temporarily withdrawn its biennial Monetary, Credit, Foreign Trade, and Exchange Policy ...

The CBN urged all PSPs to regularise their operations with the PTSAs within 30 days, warning that non-compliance with the directive would attract appropriate sanctions.