Regulatory Alerts2017-03-05 | FMD/DIR/CIR/GEN/08/006Added · Updated
Circular to all Authorized Dealers on improved Foreign Exchange Liquidity
The Central Bank of Nigeria has issued a directive to all authorized dealers, emphasizing its commitment to meeting foreign exchange demand. Banks are instructed to open retail FX teller points, display live currency rates, and promptly process customer requests for travel allowances, school fees, and medical bills. Non-compliance will result in sanctions.
More like this from CBN
CBN published 1 document in the last 30 days. We email you each new one the day it's published.
Topics
Share