By Chioma Obinagwam The Central Bank of Nigeria (CBN) has made it mandatory for all the Bureau de Change (BDCs) operators in Nigeria to access Foreign...
By Odunewu Segun Nigeria’s local currency on Thursday appreciated against the US dollar at the parallel market, exchanging for N389 to a dollar as against the...
By Odunewu Segun Central Bank of Nigeria’s continued flooding of the foreign exchange market with Dollars has crashed the currency further against the local currency, Naira,...
…as naira appreciates by 1.16% to dollar By Odunewu Segun The Central Bank of Nigeria has raised the weekly limit of forex banks can sell to...
…extends BVN for Diaspora customers By Odunewu Segun With Bureau de Change getting their forex officially from banks, the Central Bank of Nigeria directed them not...
In other to increase the volume of dollar circulation in the market and stabilize the naira, the Central Bank of Nigeria is set to compel banks...
The Central Bank of Nigeria (CBN) says it has discontinued the sale of foreign exchange (forex) to Bureau De Change (BDCs) operators in the country. The...