To Tackle Forex Crisis, CBN moves To Increase BDCs Operating License From N35m To…
In a bid to tackle the foreign exchange crisis facing the Nigerian economy, the Central Babk of Nigeria on Friday…
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BDCS
Forex: Economist Tells CBN To Scrap Black Market To Protect Naira
A prominent economist and investment banker, Lai Omotoyo, has urged the Central Bank of Nigeria (CBN) to dismantle…
ABCON Blames Naira Depreciation On Illegal BDC Operators, Says Association Unhappy…
The Association of Bureau de Change Operators (ABCON) of Nigeria has said that it is not responsible for the crash…
CBN’s Decision To Lift Forex Ban On 43 Items Will Increase Value Of Naira-…
Some finance and economic experts have said that the decision of the Central Bank of Nigeria (CBN) to discontinue…
Fear Grips BDCs Over NNPC’s $3bn FX Intervention As Dollar Set To Crash Below N800
Bureau de change operators in Nigeria are jittery about the potential of the dollar to crash below N800 after the…
CBN Should Lift Ban On BDCs Participation In I&E Window– Muda Yusuf
The current crash in the naira is raising doubts about the exclusion of Bureau De Change operators from the…
UPDATED: CBN Withdraws Licenses Of 2,698 BDCs As Naira Continues Free Fall
The Central Bank of Nigeria has released the list of Bureau de Change dealers it approved.
According to the…
Naira Hits N562 Per Dollar On Severe Forex Scarcity
The Nigeria Naira has hit an all-time low of N562 per dollar in the unofficial market as dealers lament that the…
We Have Enough Forex To Cover Shortfalls From BDC Ban, Says Bank Executives
Deposit Money Banks have said that they have sufficient foreign exchange to supply customers to settle their…
CBN Accuses Money Transfer Operators Of Undermining New Forex Policy
… Begins Implementation Of New Initiative Friday
The Central Bank of Nigeria has accused International…