Until September 24, 2020, GTBank domiciliary account was the best in Nigeria, there is no gainsaying about that. But that seems to have changed following the present withdrawal issue being faced by dom account holders with the bank, they can neither make a transfer to another account or withdraw. UPDATE: Information we got from operators of … Read more
Bureau De Change (BDC) is any company that is licensed by the Central Bank of Nigeria (CBN) to carry out small-scale foreign exchange business in Nigeria. BDCs are regulated by the apex bank and as such, they are expected to carry out their dealings in line with the monetary policy of the CBN, unfortunately, the … Read more
As the pressure on Nigerian Naira continues, one of our readers asked, “Is it possible to buy dollars directly from Central Bank of Nigeria (CBN)? To straight answer is NO. But we’ll share some tips with you on how to access foreign exchange from Nigeria’s apex bank through the financial institutions after the apex bank … Read more
