Zingtie

Jonathan Nwokpor
April 28, 2024
3 Comments

Naira depreciation: BDC operators reveal solution

In an effort to address the recent devaluation of the Naira, the Association of Bureaux De Change Operators of Nigeria has disclosed plans for a unified retail end of the

Business

Naira defies protests, records significant appreciation against dollar

Jonathan Nwokpor
April 25, 2024
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FX crisis: BDC operators reveal plan to defend Naira against Dollar

Aminu Gwadabe, the president of the Association of Bureau De Change Operators of Nigeria, or ABCON, has stated that the BDCs and the Central Bank of Nigeria, or CBN, are

Business

Jonathan Nwokpor
March 25, 2024
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FX crisis: CBN orders BDCs on how much to sell dollar

At an exchange rate of N1,251 per US dollar, the Central Bank of Nigeria, CBN, has given Bureau De Change, BDC, operators $10,000. The CBN Director of Trade and Exchange

Business

Naira slumps massively against dollar at black market

Jonathan Nwokpor
February 24, 2024
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Naira vs USD: CBN to ban street trading, mulls fresh guidelines for BDCs

The Central Bank of Nigeria has announced new rules to Bureau De Change Operators in Nigeria, including the possibility of ending street trading, in response to the ongoing volatility of