Tag: BDCs

Naira To Make Surprise Recovery As Travelex Begins Dollar Sales to BDCs

Nigerian naira on its recovery path as Travelex, a global foreign exchange…

Farouk Mohammed Farouk Mohammed

CBN Directs BDCs Not to Sell Forex Above 2% Margin of Buying Rate

The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change…

Farouk Mohammed Farouk Mohammed

CBN Directs Banks To Sell Forex To BDCs Operators

The Central Bank of Nigeria (CBN) has directed agent banks to approved…

Farouk Mohammed Farouk Mohammed

Looters Don’t Keep Money In Banks Anymore, They Keep It In Abandon Houses Now – EFCC

The Economic and Financial Crimes Commission says due to the current anti-corruption…

Gbolahan Adeyemi Gbolahan Adeyemi

Naira Appreciates Further to N345 Per Dollar As BDCs Reject Devaluation

The Naira Tuesday appreciated further to N345 per dollar in the parallel…

Farouk Mohammed Farouk Mohammed

Why We Stopped Sale of Forex to BDCs – President Buhari

Why We Stopped Sale of Forex to BDCs – President Buhari  …

Farouk Mohammed Farouk Mohammed

How Banks, Govt Officials Rip Nigeria Off Through BDCs – President Buhari

President Muhammadu Buhari has rejected suggestions that the Central Bank of Nigeria…

Farouk Mohammed Farouk Mohammed

CBN Announces 2 New Decisions for BDCs in Nigeria

The Central Bank of Nigeria, in a circular to BDC operators signed…

Farouk Mohammed Farouk Mohammed