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CBN forex sales to BDC

Naira Opens Week With Gain Across FX Markets

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

A financial analyst and educator, Kalu Ajah, has highlighted the implications of forex sales to Bureau de Change (BDC) operators by the Central Bank of Nigeria (CBN) at a lower rate.

April 9, 2024

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

In its relentless push to stabilise naira in the foreign exchange market, the Central Bank of Nigeria (CBN), has announced another round of sales of FX to eligible Bureau de Change (BDCs) operators.

April 8, 2024

Business·Currency

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some 43 items, the ban was on Thursday lifted by the

October 12, 2023

Business·Currency

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CBN forex sales to BDC

Economic Expert Highlights Implications Of CBN’s Forex Sales To BDCs

CBN Releases Another Round Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Dollar Rate Up 47% Since CBN Banned Forex Sales To Black Market Sellers

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CBN forex sales to BDC

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