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CBN Injects $100m Into Forex Market

The Central Bank of Nigeria (CBN) has pumped $380m within two days into the Foreign Exchange Market. The apex bank says the effect has further strengthened the nation’s currency. The first tranche of $280m was released on Tuesday…

BDC Operators to Sell N360 Per $1

The Central Bank of Nigeria (CBN) has reviewed down the rate at which it was selling dollars to Bureau De Change (BDC) operators nationwide. Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria…