HomeTagsBureau De Change (BDC)

Tag: Bureau De Change (BDC)

CBN Sanctions Dollar Sales to BDCs at N1,580/$ to Strengthen Economic Stability

The Central Bank of Nigeria (CBN) has authorized the sale of dollars to Bureau de Change (BDC) operators at a rate of N1,580 per dollar in a bid to improve liquidity in the foreign exchange market.  

Naira Steadies At Parallel Market at 1,160/$

Naira Steadies At Parallel Market at 1,160/$   The pressure on the foreign exchange (FX) market marginally eased on Tuesday as naira steadied against the United States dollar in the parallel market. According to Aboki FX, the naira sold for N1,160 on Monday and Tuesday respectively. Checks...