The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a...
The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureaux De Change (BDCs) for failure to observe some regulatory provisions. According...
The Central Bank of Nigeria (CBN) has authorised the sale of $20,000 to eligible Bureaux De Change (BDCs). The decision comes after the bank said it observed continued...
The Central Bank of Nigeria (CBN) has disclosed that it recorded a significant reduction in the volume and cost of foreign exchange procurement in 2020, the...
The Central Bank of Nigeria (CBN) resumes this week’s foreign exchange market intervention today with a disbursement of $240 million. Of the sum, $90 million is...
Officials of the Department of State Services (DSS) yesterday raided the offices of some bureaux de change (BDC) in Lagos, Abuja and arrested operators selling above...
Nigeria’s external reserves dropped to about $28.2 billion as at Friday January 29th 2016 according to data available on the website of the Central Bank of...
Acting Chairman of Economic and Financial Crimes Commission, Ibrahim Magu, has said that no Bureau De Change operator involved in the ongoing $2.1bn arms deal probe...
The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad for summer holidays and importers, traders...
