Tag: BDCs

CBN Approves Wider Trading Margin For BDCs

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

Farouk Mohammed

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

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

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

No Plan to Devalue Naira, CBN to BDCs

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

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

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

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

CBN Directs Banks To Sell Forex To BDCs Operators

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

Farouk Mohammed