Economy

CBN Introduces New Rules in Forex Market

June 9, 2017 James 0

The Central Bank of Nigeria (CBN) this week introduced new rules into the inter-bank foreign exchange market. In a circular titled, “Further Liberalization of the Interbank Foreign Exchange Market,’’ signed by the Director, Financial Markets, […]

Business

CBN Introduces “Form X” for SMEs

April 18, 2017 James 0

The Central Bank of Nigeria (CBN) has introduced “Form X” for the Small and Medium Scale Enterprises (SMEs) seeking to purchase foreign exchange. The CBN said the decision was part of its commitment to increase […]