Tag: BDCs

CBN Sells Dollars to BDCs at N1,101/$1, Limits Spread to 1.5%

The Central Bank of Nigeria (CBN) has announced the sale of dollars…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN Provides BDCs with $10,000 at N1,251 per Dollar

The Central Bank of Nigeria (CBN) has issued a circular informing Bureau…

Muhammad A. Aliyu Muhammad A. Aliyu

CBN discontinues sale of forex to Bureau de Change operators

The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of…

CBN Approves Wider Trading Margin For BDCs

The Central Bank of Nigeria (CBN) has given approval for an increase…

Farouk Mohammed Farouk Mohammed

CBN Injects $280m Forex to SMEs, BDCs, Others

The Central Bank of Nigeria on Tuesday continued its intervention in the…

Farouk Mohammed Farouk Mohammed

CBN Begins Weekly Sales of Forex to BDCs

Nigeria’s Central Bank on Friday said it would begin sales of forex…

Farouk Mohammed Farouk Mohammed

No Plan to Devalue Naira, CBN to BDCs

The President, Association of Bureau De Change Operators, Alhaji Aminu Gwadabe, says…

Farouk Mohammed Farouk Mohammed

BDCs to Begin Weekly Publication of Black Market Exchange Rates

Nigeria’s money-changers will introduce an exchange rate for the naira to help…

Farouk Mohammed Farouk Mohammed