552K views · 33K reactions | The central bank of Nigeria has changed the rules for agency banking in Nigeria. The new rules include limiting the agent to one financial institution, 1.2m daily transaction limit, training and extra requirements to become an agent. This will greatly alter the agency banking landscape in the country #banking #economy #nigeria #onlinbanker | Onlinebanker | Facebook

Nigeria's central bank has paid nearly 2 billion U.S. dollars in outstanding foreign exchange forwards to clear a backlog of dollars, addressing concerns over the country's 7 billion U.S. dollars matured forex forwards. The move aims to boost foreign exchange market confidence. | CGTN Africa | Facebook