TheCable3h
Naira appreciates to N1,550/$ at parallel market — strongest performance in seven months
The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.
legit4h
New Exchange Rate To Clear Goods at Ports As Customs Enforces 4% Charge
The Central Bank of Nigeria (CBN) has increased exchange rate to clear goods at the nations ports as Nigeria Customs begins ...
legit4h
Dollar Crashes Massively Against Naira, Traders Now Sell at New Exchange Rate
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced ...
Daily Post Nigeria4h
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, ...
businessday7h
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 ...
The Guardian Nigeria13h
CBN imposes $25,000 weekly cap on FX for BDCs
The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...
TheCable16h
‘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 maximum of $25,000 per week from a single bank.
IPPMEDIA16h
African banks must fix governance gaps to leverage intra-African
African banks are currently facing considerable pressure. Most currencies in the region have weakened against the US dollar, ...
Zawya16h
ECB hopes Trump's crypto plan will speed up digital euro
The ECB has presented its digital currency - essentially an online wallet guaranteed by the central bank - in part as an electronic means of payment that does not rely on dominant U.S. providers such ...