Foreign Currencies – InfoStride News

Is DSS Raid Fight Against Corruption Or Attack On Political Foes?

Ade Adewale — Thu, 13 Oct 2016 17:27:30 +0000

I might want to first thank my readers who kept in touch with me to comment on the recent happenings in Nigeria concerning the arrest of a few judges who were claimed to have taken bribes. I needed to take as much time as is needed to consider what to say before i am blamed [...]

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Naira Debit Cards Can No Longer Be Used Outside Nigeria Due To Abuse And Illegal Foreign Transfer – CBN

Wale Adebayo — Fri, 25 Dec 2015 00:34:42 +0000

Mr Moses Tule, who is the Monetary Policy Director at the Central Bank of Nigeria (CBN), has defended why the apex bank has placed restriction on the use of Naira Debit Cards abroad. Speaking at an interactive session with journalists in Abuja, Mr Tule said that Naira Debit Cards can no longer be used outside the country due [...]

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CBN Set To Ban Street Trading Of Foreign Currencies From January 1, 2016

Wale Adebayo — Thu, 17 Dec 2015 00:26:22 +0000

The management at Central Bank of Nigeria (CBN) has set out the guidelines for the operations of Bureau de Change (BDCs) operators in Nigeria. The guidelines, which are contained in the CBN’s latest circular, has prohibited the age-long practice of hawking foreign exchange on the streets, common in Lagos, Abuja, Port-Harcourt and some major northern [...]

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