Naira Gains 6.1% as CBN Supplies FX to Banks, BDCs
By Adedapo Adesanya The Naira appreciated by 6.1 per cent or N96.00 against the US Dollar in the Nigerian Autonomous ...
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Tag: BDCs
CBN Sells Dollar to BDC Operators at N1,021 to Ease Fresh Concerns
By Aduragbemi Omiyale In a bid to address fresh concerns from the recent decline in the value of the Naira ...
CBN Sells Dollar to BDCs at N1,101/$1 to Cheapen Exchange Rate
By Adedapo Adesanya As part of its efforts to continue to ease the exchange rate in the country and strengthen ...
ABCON Takes Glory for Naira Appreciation at FX Market
By Adedapo Adesanya The Association of Bureaux de Change Operators of Nigeria (ABCON) has said the decision of the Central ...
Naira Trades N1,280/$1 at Parallel Market After N10 Gain
By Dipo Olowookere The Nigerian Naira appreciated against the United States Dollar in the parallel market segment of the foreign ...
CBN Resumes FX Sales to BDCs, Pegs Rate at N1,301/$1
By Adedapo Adesanya The Central Bank of Nigeria (CBN) will begin selling Dollars to eligible Bureau De Change operators (BDCs) ...
Naira Gains at NAFEX as Govt Tries Unorthodox Means to Stabilise FX Market
By Adedapo Adesanya The Naira appreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on ...
We Report Suspicious FX Transactions to Authorities—ABCON
By Aduragbemi Omiyale The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it collaborates with government agencies ...
BDC Operators Seek Reintegration into Forex Market Ecosystem for Stability
By Aduragbemi Omiyale Bureaux De Change (BDCs) operators have asked the Central Bank of Nigeria (CBN) to bring them back ...
CBN FX Policy Failure Has Made Naira Useless—ABCON
By Dipo Olowookere The Association of Bureaux De Change Operators of Nigeria ABCON) has lambasted the Central Bank of Nigeria ...
