By Aluta News Aug 2, 2021 In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set up dedicated teller points for FX transactions… Abuja banks comply with CBN forex directive, sell dollar at N412

By Aluta News July 29, 2021 The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale of Foreign Exchange (forex) to Nigerians.… Forex: CBN directs commercial banks to set up teller points

By Aluta News July 28, 2021 A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank  of Nigeria (CBN) to be cautious of its recent “blanket’’  ban placed  on Bureau de Change (BDC) operators… Forex: Financial expert urges CBN to exercise caution on BDCs ban

By Aluta News June 6, 2021 The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This particularly relates to… CBN increases forex allocation to banks, assures liquidity for invisibles