Tag: dollar charges

The Economic and Financial Crimes Commission (EFCC) has announced that will clamp down on hotels, schools, real estate companies and other establishments charging for services in dollars. The anti-graft agency specifically described such demand by any establishment no matter the sector as “illegal”, insisting that Naira remains legal tender of the country and that charging […]

The Central Bank of Nigeria has promised to clamp down on real estate owners, school proprietors and other industry practitioners who charge their customers in dollars. The Apex Bank said at the end of the Monetary Policy Committee meeting that it is illegal for landlords or school proprietors to demand rents or fees in dollars. […]