Are dollar payments in Nigeria illegal?

In comments widely reported last week in the media, the Chairman of the Economic and Financial Crimes, Mr. Ola Olukoyede, claimed that the practice of making payments for goods and services in Nigeria in foreign currency (usually United States Dollars) was against the law and that his Commission was planning to clamp down on it.

The post Are dollar payments in Nigeria illegal? appeared first on The Guardian Nigeria News – Nigeria and World News.

Read More

Check Also

How Nigerians can shift from agonising to organising

A recent article in The Guardian newspaper highlighted the growing challenges of rising living costs …

Leave a Reply

Your email address will not be published. Required fields are marked *