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BDCs

Banking and Finance

CBN fixes $100,000 minimum trade for banks on forex platform

THE Central Bank of Nigeria (CBN) has set a minimum trade value of $100,000 for interbank foreign exchange trading...
Harrison EDEH -
Business and Economy

CBN resumes dollar sales to BDCs at N1,021/$ amid naira slight depreciation

THE Central Bank of Nigeria (CBN) has resumed fresh dollar sales to Bureau De Change (BDCs) at N1, 021/$,...
Harrison EDEH -
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News

Naira appreciates to 7.2% against dollar at official market

ON Friday, April 12,  the official market saw a sharp increase in the value of the naira, which traded...
Fatimah QUADRI -
Business and Economy

We get dollar from CBN below market rate at N1,101/$ – BDCs

THE Association of Bureau De Change Operators of Nigeria (ABCON) has confirmed that the Central Bank of Nigeria (CBN)...
Harrison EDEH -
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Banking and Finance

Why ABCON seeks downward review of dollar sales to BDCs – President 

THE Association of Bureaux De Change Operators of Nigeria (ABCON) has requested the Central Bank of Nigeria (CBN) to...
Ehime ALEX -
Business and Economy

Naira sustains gains as CBN sells $10,000 To BDCs at N1,251/$

AS the naira sustains gain against the dollar after months of uncertainties, the Central Bank of Nigeria (CBN), on...
Harrison EDEH -
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