In a apparent move to avoid sanctions from the Central Bank of Nigeria (CBN), banks in the country have started notifying their customers that they would soon stop receiving foreign exchange cash deposits from them.
Standard Chartered Bank Nigeria, in a mail to its customers, however, said it is going to stop receiving foreign currency cash deposit due to “lack of available foreign exchange cash outlets.”
The bank message to its customer reads in part “We are constrained due to the current influx of foreign exchange (FX) cash deposits we have been receiving in recent times, and the lack of available FX cash outlets, to stop receiving FX cash deposits.
“As a result, the Bank will be unable to receive your FX cash deposits from Tuesday, 11th August 2015. This is a temporary arrangement until the situation improves

Source: dailyindependentnig.com/2015/07/banks-stop-receiving-foreign-currency-cash-deposits/

I also got the mail from Diamond Bank.


Dollar is now a scarce commodity.

Na wah o

praise010:
I also got the mail from Diamond Bank.



Dollar is now a scarce commodity.


Na wah o

How much is the dollar to naira now?

This is getting interesting.