Deposit money banks

The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The News Agency of Nigeria (NAN) reports that the CBN introduced the scheme on March 5,…

The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs). SEE ALSO: Court adjourns Andrew Yakubu’s $9.8m NNPC fraud case until Jan. 16 The CBN…