The Bank of Namibia has clarified forex trading in Namibia.   According to the regulator, the exchange or conversion of the Namibia Dollar into any foreign currency is regulated to control the use of Namibia’s foreign currency reserves in the best interest of the economy.   Further details are available

In a circular to all Deposit Money Banks in Nigeria, the Central Bank of Nigeria (CBN) has stated that charges will apply on cash deposits made in select states in Nigeria, effective September 18, 2019.    According to the CBN, there will be two percent processing fees for any cash

The Central Bank of Nigeria (CBN) has introduced Guidelines on the Issuance and Treatment of Bankers Acceptances (BAs) and Commercial Papers (CPs), aimed at deepening and facilitating the effective and efficient functioning of the Nigerian money market.   The introduction of the guidelines, according to the regulator, will ensure uniform

The Central Bank of Nigeria has published for comment draft Prudential Guidelines for  Commercial, Merchant and Non-Interest Banks.   The regulator, in June 2010, issued the revised Prudential Guidelines to deposit money banks in Nigeria as part of its efforts at enhancing the quality of banks’ assets.   According to