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
Read MoreAt 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
Read MoreJudge Hamza Muazu of the Federal Capital Territory High Court in Abuja continued to hear testimony in the trial of former governor of the Central Bank of Nigeria, or CBN,
Read MoreThe much awaited 293rd Monetary Policy Committee meeting of the Central Bank of Nigeria took place on February 26 and 27, amidst the nation’s ongoing economic hardship and fluctuations in
Read MoreOlayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has disassociated himself from Nigerians’ current economic hardships. Cardoso stated that the current economic difficulties that Nigerians are experiencing
Read MoreThe Nigerian Central Bank has declared its intention to offer foreign exchange valued at $20,000 to all qualified Bureau De Change operators nationwide. This occurred more than two years after
Read MoreThe 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
Read MoreIn light of the ongoing foreign exchange crisis, the Central Bank of Nigeria increased the exchange rate for cargo clearance to N1,605 per US dollar, marking the sixth rise in
Read MoreOn Monday, February 12, 2024, Ogau Onyeka Michael, the first prosecution witness in Godwin Emefiele’s trial, the former governor of the Central Bank of Nigeria, or CBN, testified before Justice
Read MoreThe exchange rate between the naira and the dollar will remain stable, according to the Central Bank of Nigeria, CBN. This was said by CBN Governor Olayemi Cardoso on Friday in
Read MoreThe Federal Government’s decision to relocate the Federal Airports Authority of Nigeria (FAAN) headquarters and certain Central Bank of Nigeria (CBN) divisions to Lagos State has sparked controversy that has
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