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Central Bank of Nigeria (CBN) injected $5.62bn into the foreign exchange market in the fourth quarter of 2020 as part of efforts to ensure the stability...
Operators of the Bureau de Change yesterday met with the Committees on Finance of both chambers of the National Assembly to seek the intervention of the...
House of Representatives yesterday summoned Mr. Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN) over the new capital base of N35m set for Bureaux...
Central Bank of Nigeria (CBN) in a bid to check the persistent depletion in the country’s external reserves yesterday released fresh guidelines for Bureau De Change...
Central Bank of Nigeria (CBN) has removed the $250,000 weekly foreign exchange sales limit placed on bureaux de change (BDC) operators in the country, in a...
Nigerians are sharing bitter experiences over the slipping trend of the naira. Newspapers had reported that the Naira weakened to N171 to the United States dollar...
The Naira has hit N171 to one United States dollar at the Bureau-de-changes (BDCs), only outlets currently selling to the public besides the parallel market. Banks...
Central Bank of Nigeria (CBN) said it is illegal for anybody to collect Dollar for services rendered in Nigeria, insisting that “anybody that refuses to accept...
Central Bank of Nigeria (CBN) said it has uncovered a new wave of economic crime where some Nigerians buy the United States Dollars in Nigeria and...
Central Bank of Nigeria (CBN) has revoked the licences of 20 Bureaux de Change (BDC) companies for foreign exchange malpractice, according to Malam Sanusi Lamido Sanusi,...