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CBN Not Doing What It Should Do To Grow Economy - Idika Kalu

CBN Extends Recapitalization Deadline For BDC Operators

The Association of Bureaux De Change of Nigeria has announced that the Central Bank of Nigeria (CBN) has granted a six-month extension for BDC operators to...

Business1 year ago

CBN Speaks On Selling Forex To BDCs At ₦1,001/$1

The Central Bank of Nigeria (CBN) has denied selling Foreign Exchange (FX) to Bureau De Change (BDC) operators at the rate of ₦1,001/$1. Naija News recalls...

BDC Operators Identify Those Causing Naira To Depreciate Against The Dollar, Reveal Next Line Of Action

Nigeria News1 year ago

Naira Hits ₦1,200/Dollar As CBN Sells $10,000 To BDCs

Nigerians have continued to celebrate as the naira appreciated to ₦1,200/dollar at the parallel section of the foreign exchange market on Tuesday. Naija News gathered that...

Gist1 year ago

Names Of Revoked Bureaux De Change Operators (Full List)

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...

Business1 year ago

‘$10,000 For School Fees’ – CBN Limits Dollar Purchase From BDCs

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...

Business1 year ago

CBN Directs Sellers Of Forex Above $10,000 To Declare Source

The Central Bank of Nigeria (CBN) has said sellers of Foreign Exchange of $10,000 and above to Bureau De Change (BDC) operators must declare the source...

Business4 years ago

Mailafia Knocks CBN Over Decision To Stop Sale Of FX To BDCs

Former Deputy Governor of the Central Bank of Nigeria (CBN), Obadiah Mailafia, has berated the apex bank for stopping the sale of Foreign Exchange (FX) to Bureau...