BDCs struggle with CBN’s recapitalisation rules amidst economic uncertainty
The recent recapitalisation rules issued by the Central Bank of Nigeria (CBN),…
Naira falls to N930/$ at parallel market as BDCs lament dollar scarcity
The naira, on Wednesday, depreciated to N930 per dollar at the parallel section…
Naira weakens to N773.4/$ at I&E window, N905/$ at parallel market
The naira, on Wednesday, depreciated by 0.35 percent to close at N773.4/$…
Naira depreciates to N748/$ at parallel market amid increased demand
The naira has dropped to N748 per dollar at the parallel section…
BDCs operators funding Boko Haram, kidnappings, CBN declares
The Central Bank of Nigeria (CBN) has declared that Bureau de Changes…
EFCC arraigns Bureau de Change operator for N29m fraud
The Economic and Financial Crimes Commission, (EFCC) Kano Zonal Office, on Tuesday,…
NFIU vandalised as N510bn is traced to BDC ‘with links to Magu’
The offices of the Nigerian Financial Intelligence Unit (NFIU) were vandalised on…
CBN injects $337.16m, 56.17m CNY into retail Secondary Market Intervention Sales
The Central Bank of Nigeria (CBN) on Friday said it injected 337.16…
CBN injects $210m into foreign exchange
The Central Bank of Nigeria (CBN) has sustained its intervention in the…
Forex: CBN okays wider margin for BDCs, offers $100m to wholesale segment
The Central Bank of Nigeria (CBN) has approved an upward review of…