By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in the country, to ease the pressure on the...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the sale of about $125.2 million to 46 authorised foreign exchange (FX) dealers in its...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has warned authorized dealers against sharp practices in the foreign exchange (FX) market, adding that if there...
By Dipo Olowookere Ahead of 2019 general elections, Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has warned Bureau de Change...
By Modupe Gbadeyanka In a bid to ensure genuine customers who need foreign exchange (forex) to complete their transactions get it, the Central Bank of Nigeria...
By Dipo Olowookere In order to check round tripping tendency by foreign exchange dealers, the Association of Bureau De Change Operators of Nigeria (ABCON) has urged...
By Modupe Gbadeyanka The $150 million offered by the Central Bank of Nigeria (CBN) at a forex auction on Monday, April 3, 2017, was fully subscribed,...
By Modupe Gbadeyanka The Naira Thursday appreciated to N385 per dollar in the Abuja segment of the parallel market, causing panic and confusion among bureaux de...
By Dipo Olowookere Any authorised foreign exchange dealers that fail to adhere strictly to the recently introduced forex policy by the Central Bank of Nigeria (CBN)...
