The Central Bank of Nigeria has directed deposit money banks to halt charges on cash deposits from the public until September 30, 2024. According to the latest circular to financial…
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Deposit Money Banks
News
Central Bank Of Nigeria Orders Banks To Sell Excess Dollars In 24 Hours
by Royal Times of Nigeria
February 1, 2024
The Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest on Thursday, February 1, 2024 in a bid to stabilise the nation’s volatile…
Business & Economy
Central Bank Clears Airlines Verified Forex Claims
by Royal Times of Nigeria
January 30, 2024
The Central Bank of Nigeria has disclosed that it has concluded payment of all verified claims by airlines with an additional sixty-four point four four million dollars to the concerned…
Business & EconomyNews
Naira Scarcity: Frustration As Customers Frowns At Banks’ New Withdrawal Limits In Kwara
by Royal Times of Nigeria
November 27, 2023
Customers of various deposit money banks in Tanke, Ilorin, expressed discontent over unanticipated reductions in withdrawal limits for both over-the-counter transactions and Automated Teller Machine (ATM) withdrawals. Several customers, including…