The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the country’s foreign exchange reserves have …
Read More »Tag Archives: Liquidity
CBN Revokes 4,173 BDC Licenses: A Closer Look at Regulatory Breaches and Implications
The Central Bank of Nigeria (CBN) recently announced the revocation of operating licenses of 4,173 Bureaux De Change (BDCs) operators …
Read More »BDCs to Sell US Dollars at N1,314.01/US$ as CBN Mandates New Forex Policy
The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the gap in the official and unofficial …
Read More »Why Skye Bank Licence Was Revoke-Emiefele
Gentlemen of the Press 1. You will recall that on 4th July 2016, we took a regulatory action on Skye …
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