The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...
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Daily Post Nigeria on MSNCBN lists conditions for sale of FX to BDC operatorsThe Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...
The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...
The Central Bank of Nigeria (CBN) has increased exchange rate to clear goods at the nations ports as Nigeria Customs begins ...
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.
But the bills sprayed at the event were dummies and not real currency after all. That much was made known by Hajiya Fatima herself, who clarified that the bills were not genuine US dollars. In a post ...
In the face of Nigeria’s high inflation, money market mutual funds have continued to attract investor interest with competitive returns.
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