These rules and regulations aim to protect the value of the currency. They also ensure that everyone conducting financial transactions in Nigeria is fairly treated.

The Central Bank of Nigeria (CBN) has limited the weekly over-the-counter cash withdrawals to 100,000 for individuals and 500,000 nairas for corporations.

It is no wonder why sending money to Nigeria is very important to citizens outside the country but why does Nigeria accept USD over its normal currency

Here is a compilation of simple and helpful ways you can renew your Nigerian Passport from Canada to avoid breaking any rules.