Legit on MSN8h
See more as CBN increases exchange rate to clear goods at ports
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...
Daily Post Nigeria on MSN8h
CBN lists conditions for sale of FX to BDC operators
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
Nigerian Tribune on MSN18h
CBN restricts BDCs to one dealer bank per week for $25,000 FX purchase
The Central Bank of Nigeria (CBN) has introduced new regulations allowing Bureau de Change (BDC) operators to purchase up to $25,000 weekly from a single Authorised Dealer Bank (ADB) to cater to ...
Legit on MSN1d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service Debts
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Legit on MSN17h
CBN Gives New Instructions Affecting Dollar Sale on Foreign Passport, BVN Transaction
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...
TheCable19h
‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
businessday10h
Naira appreciates further after CBN’s new BDC directives
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
Vanguard1d
Forex Trading: CBN to suspend license of erring BDCs, banks
The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...
PM News on MSN1d
CBN introduces new FX sales to BDCs
The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing ...
businessday1d
Senate threatens to report CBN, FIRS, others to Tinubu over non-compliance
The Senate has warned that it will escalate the persistent refusal of key revenue-generating agencies to appear before its ...
Nairametrics2d
Nigeria’s FX reserves fall by $1.16 billion in January as CBN boosts dollar sales to BDCs
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Premium Times2d
How CBN, Agric ministry can collaborate to rescue naira
The benefits of increased soybean production extend beyond the agricultural sector; they have significant implications for ...