Exchange Rates
Weighted Average Rate - Nigerian Foreign Exchange Market (NFEM)
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
|---|---|---|---|---|
| Date | Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
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Central Bank of Nigeria
| Facts : 1/1/1990 |
|---|
| Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans. |
| See All: Facts | Events |
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