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Ogun Government Denies Abiodun Called #EndBadGovernance Protesters “Sore Losers”
The state government stated that the unrest following the protests across various parts of the country had validated Governor Abiodun’s stance A file photo of Ogun State Governor, Dapo Abiodun. Twitter/@dabiodunMFR On Saturday, the Ogun State Government dismissed the allegation that Governor Dapo Abiodun called Nigerians sore losers over the ongoing #EndBadGovernance protest as entirely […]
“Central Bank of Nigeria Restricts Foreign Oil Firms from Repatriating 100% FX Proceeds Instantaneously”The central bank announced that international oil companies are permitted to repatriate 50% of their proceeds initially, with the remaining half available for repatriation after a 90-day period.
The Central Bank of Nigeria (CBN) has implemented new regulations preventing international oil companies from transferring 100% of their foreign exchange proceeds to their parent companies overseas in a single transaction. Instead, the apex bank has directed that these companies can initially repatriate 50% of their proceeds, with the remaining half available for repatriation after […]
CBN Warns Banks, FX Dealers Against Rejecting Lower Dollar Denominations and Old Bills
CBN Warns Banks, FX Dealers Against Rejecting Lower Dollar Denominations and Old Bills The Central Bank of Nigeria (CBN) has issued a warning to Deposit Money Banks (DMBs) and authorized forex dealers, advising them against rejecting old and lower denomination dollar bills from customers. This directive follows numerous complaints from customers after the CBN conducted […]