CBN Sells Dollars To BDCs, Sets Sale Rate At N1,269/$1
In furtherance of its sustained policy measures to moderate the lingering volatility…
CBN Begins FX Supply To BDCs, Sets Qualifying Criteria
The Central Bank of Nigeria (CBN) has adopted a new monetary measures…
CBN Mulls N2Bn Minimum Share Capital For Tier-1 BDC Operator
The Central Bank of Nigeria (CBN) has issued a draft revised guidelines…
ABCON Renews Moves On Publication Of Parallel Market FX Rates
After over two years the Central Bank of Nigeria (CBN) banned AbokiFX…
ABCON Urges CBN To Raise BDC’s Minimum Capital To N350Mn
The Association of Bureau De Change Operators of Nigeria (ABCON) has urged…
Naira Depreciates, Trades N780/$1 At Parallel Market
For the second consecutive day, Nigeria’s currency, the Naira, depreciated in exchange…
Morgan Stanley Forecasts Naira Appreciation At Parallel Market
Morgan Stanley, one of the leading global investment bank, has forecasted that…
Naira Depreciates, Trades N764/$1 At Black Market
Nigeria’s currency - the Naira – sustained its depreciative trend against the…
Naira Appreciates, Trades N750/$1 At Parallel Market
The Naira sustained its gain momentum at the parallel market on Monday…
Naira Sustains Gain Momentum, Trades N745/$1 At Parallel Market
Nigeria’s national currency, the Naira, on Thursday sustained its exchange rate gain…