World News

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, […]

Nigeria naira firms to 2-week high vs dollar

The Nigerian naira firmed to its strongest in two weeks against the U.S dollar on the interbank market on Wednesday, supported by dollar sales by a unit of Chevron, traders said. The currency closed at 157.20 to the dollar on the interbank, firmer than the 157.35 to the dollar it […]