World News

Banks to accept voter card for identification

The Central Bank of Nigeria on Thursday directed all deposit money banks and financial institutions to include the Independent National Electoral Commission voter’s card as an acceptable means of identification for the purpose of transacting business in the banks. The CBN, in a circular to all banks and financial institutions, […]

Forex: CBN lists documentation requirements for BDCs

The Central Bank of Nigeria has listed the various documentation requirements expected from bureaux de change in the country. The CBN said that BDCs were expected to keep documentation and render returns on statement of assets and liabilities, statement of profit and loss account and foreign exchange purchases and utilisation. […]

Stakeholders to brainstorm on cash-less policy

The Central Bank of Nigeria, international and local institutions and stakeholders will converge on Lagos for a conference on the cash-less policy introduced by the CBN. A statement made available to our correspondent on Tuesday said the experts would be drawn from various relevant sectors of the economy like banking, […]