Opening a domiciliary account in Nigeria can seem daunting, but with the right information and preparation, it can be a straightforward process. Whether you’re an individual looking to save in a ...

The Central Bank of Nigeria (CBN), Sunday, lifted the limits placed on domiciliary accounts. The CBN, via a statement, disclosed that the the new regulation allowed account holders to deposit freely, ...

The value of Nigeria's naira has alarmingly declined over the past few years and is currently trading at well over N500 per dollar in parallel markets. Obanikoro tweeted on Tuesday, September 28, 2021 ...

Holders of domiciliary accounts now have unfettered access to operation such accounts, following the Central Bank of Nigeria (CBN)’s decision to lift restrictions. As a result of this action taken at ...

The Federal Government has dismissed a report that it plans to convert foreign exchange in depositors’ domiciliary accounts to naira, describing it as tantamount to economic sabotage. Some sections of ...