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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
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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