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International Operations

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Weekly International Payments

These are in respect of BTA/PTA and transfers for members of the public ... The evolution of the foreign exchange market in Nigeria has been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts in production. Prior to the establishment of the Central Bank of Nigeria (CBN) and the enactment of the Exchange Control Act of 1962, foreign

Before Date    
Week of 6/30/2017
Travels US$ 0
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 0
Letters of Credit US$ 35314902.23
Total Direct Remittances US$ 920297100.94
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 0
Debt Service /Payments US$ 1643068.76
Total US$ 957255071.93

 
Week of 5/31/2017
Travels US$ 0
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 0
Letters of Credit US$ 32384884.85
Total Direct Remittances US$ 743212700.76
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 0
Debt Service /Payments US$ 33098217.18
Total US$ 808695802.79

 
Week of 4/30/2017
Travels US$ 0
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 0
Letters of Credit US$ 11834570.34
Total Direct Remittances US$ 435479660.39
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 0
Debt Service /Payments US$ 32498908.11
Total US$ 479813138.84

 
Week of 3/31/2017
Travels US$ 0
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 0
Letters of Credit US$ 40636090.64
Total Direct Remittances US$ 747352223.67
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 0
Debt Service /Payments US$ 47051960.42
Total US$ 835040274.73

 
Week of 2/28/2017
Travels US$ 0
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 0
Letters of Credit US$ 18297637.15
Total Direct Remittances US$ 209483727.24
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 0
Debt Service /Payments US$ 22602547.32
Total US$ 250383911.71

 
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* These are in respect of BTA/PTA and transfers for members of the public.

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Frequently Asked Questions in this purview

Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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