CBN forex sales to BDC

Naira Records First Major Depreciation At Official Market In 2025

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.

Victor Ezeja

11 months ago

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)

Victor Ezeja

11 months ago

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

Victor Ezejaand

Admin

1 year ago

Business·Currency

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

The foreign exchange (forex) rate between the Naira and the Dollar has increased by 47 per cent since the Central Bank of Nigeria (CBN) banned the sales of FX to the black

Fakoyejo Olalekan

2 years ago

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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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