Cbn deadline
CBN Deadline refers to the Central Bank of Nigeria's (CBN) deadline for various financial transactions and activities. The CBN sets deadlines for various purposes, including:
- Naira 4 Dollar: The CBN introduced a deadline for the Naira 4 Dollar scheme, which allows Nigerians to exchange their foreign currencies for naira at a rate of N360 to $1. The deadline was initially set for December 31, 2020, but has been extended several times.
- Foreign Exchange Transactions: The CBN sets deadlines for foreign exchange transactions, including the submission of foreign exchange transactions reports and the payment of foreign exchange fees.
- Banking Operations: The CBN sets deadlines for banking operations, including the submission of bank statements, payment of taxes, and other financial transactions.
- Loan Repayment: The CBN sets deadlines for loan repayment, including the repayment of loans and advances to individuals and businesses.
- Currency Swap: The CBN sets deadlines for currency swap transactions, which involve the exchange of naira for foreign currencies.
Some recent CBN deadlines include:
- Naira 4 Dollar: The deadline for the Naira 4 Dollar scheme was extended to March 31, 2022.
- Foreign Exchange Transactions: The deadline for submitting foreign exchange transactions reports was set for January 31, 2022.
- Banking Operations: The deadline for submitting bank statements was set for February 28, 2022.
It's essential to note that CBN deadlines are subject to change, and it's crucial to check with the CBN or your bank for the latest information on deadlines and requirements.