BDCs

Weak Naira: CBN Sells $543.5m To Boost FX Market

Again, CBN Sells $20,000 To BDC As Naira Weakens To N1700/$

The Central Bank of Nigeria (CBN) has announced a fresh sale of US$20,000.00 to each eligible Bureau de Change (BDC) operator at N1,590 per dollar. This was announced in a circular released

Victor Ezeja

5 months ago

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency·Latest News

CBN Sells $20,000 To BDCs At N1,580 As Naira Depreciation Persists

In its bid to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has offered to sell $20,000 to each eligible Bureau De Change (BDC) operator at a

Victor Ezeja

6 months ago

Business·Currency·Latest News

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

In an effort to foster stability and lessen market volatility, the Central Bank of Nigeria (CBN) has again intervened in the foreign exchange (forex) market, selling a total of $122.67 million to

Victor Ezeja

7 months ago

Naira Appreciates To N1,590/$1 In Black Market

Business·Currency·Latest News

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

Bureau De Change operators have debunked a report that has gone viral which claims that one dollar now sells at N1,000 at parallel market.

Victor Ezeja

11 months ago

Business·Currency·Latest News

CBN Issues New Guidelines For BDCs Operations In Nigeria, Bars Financing Political Activities With Dollars

CBN has released a document containing revised regulatory and supervisory guidelines for Bureau De Change (BDC) Operations in Nigeria.

Victor Ezeja

12 months ago

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy

Naira Appreciates To 512/$, Banks Sell At 412/$

Naira appreciated against the dollar at the parallel market late on Monday as commercial banks set up foreign exchange teller points for customers in line with the directive from the Central Bank

Editor

4 years ago

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Again, CBN Sells $20,000 To BDC As Naira Weakens To N1700/$

CBN Sells $20,000 To BDCs At N1,580 As Naira Depreciation Persists

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

BDCs Debunk Viral Report Of Dollars Selling At N1,000/$1

CBN Issues New Guidelines For BDCs Operations In Nigeria, Bars Financing Political Activities With Dollars

Naira Appreciates To 512/$, Banks Sell At 412/$

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