Nigeria Foreign Exchange

GTBank Domiciliary Account Holders Lament Over Inability to Withdraw or Make Transfer

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 […]

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Full List: Certified Bureau De Change Operators in Nigeria

Forex

What are Bureau De Change Operators? Bureau De Change operators are retail currency changers. Their primary function is buying and selling of legal tender of different currencies. They aim to buy cheaper for them to have a profitable ‘spread’ when they find a buyer. Sometimes, they charge a commission when they act as an intermediary between

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Is It Possible To Buy Dollars Directly From CBN?

Forex

As pressure on the Nigerian currency persists, one of our readers has asked, ‘Is it possible to purchase dollars directly from the Central Bank of Nigeria (CBN)? The straightforward answer is NO. However, we’ll share some tips on accessing foreign exchange from Nigeria’s apex bank through financial institutions after the CBN halted the sale of

Is It Possible To Buy Dollars Directly From CBN? Read More »

Forex

GTBank Domiciliary Account Holders Lament Over Inability to Withdraw or Make Transfer

Full List: Certified Bureau De Change Operators in Nigeria

Is It Possible To Buy Dollars Directly From CBN?

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