The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at the rate of ₦1,021/$1. The notification of...
According to the Association of the Bureau De Change Operators of Nigeria (ABCON), the Nigerian currency, Naira, has appreciated faster than anticipated against the United States...
The US dollar has again experienced a significant decrease in value against the Nigerian Naira, with a depreciation of N60. The latest exchange rate figures follow...
Nigerians have continued to celebrate as the naira appreciated to N1,200/dollar at the parallel section of the foreign exchange market on Tuesday. Naija News gathered that...
There were a series of lamentations yesterday by currency traders over the increasing losses and decreasing demand for the dollar as the naira continued to strengthen...
The Central Bank of Nigeria (CBN) has confirmed to the Bureau De Change operators (BDCs) that it sold $10,000 to each BDC at an exchange rate...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators. Naija News reported that the CBN made this known...
Bureau De Change (BDC) operators are essential stakeholders in the foreign exchange market in Nigeria as the average Nigerian sources their forex needs from the black...
The Central Bank of Nigeria (CBN) has placed limits on foreign exchange (FX) sales by Bureau De Change (BDC) operators. The apex made this known in...
Presidential candidate of the Labour Party in the 2023 general election, Peter Obi, on Sunday, advised the federal government that the clampdown on Bureau De change...
The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has outrightly condemned the raid on Bureau De Change (BDC) operators across major cities in...
Despite the federal government’s crackdown on foreign exchange market speculators, Nigeria’s currency, the Naira, continued to decline against US Dollar at the parallel market on Tuesday....