By Jennete Ugo Anya The Central Bank of Nigeria (CBN), under the leadership of Mr. Olayemi Cardoso, has increased the maximum foreign exchange remittance limit …
Tag:
Foreign Exchange
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Economy
CBN Restricts BDC Forex Access Over Compliance Concerns
by StakeBridgeby StakeBridge 2 minutes readBy Johnson Emmanuel The Central Bank of Nigeria (CBN) has sustained restrictions on Bureau De Change (BDC) operators’ access to the official foreign exchange market, …
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Policy
Stablecoins Challenge Naira Control More Than Exchange Rate
by StakeBridgeby StakeBridge 3 minutes readBy Johnson Emmanuel The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, warned that rising adoption of stablecoins and private digital payment …