Browsing Tag
bureau De Change
2 posts
Bureau De Change Operators Urge Central Bank of Nigeria to Lower Exchange Rate Amidst Naira’s Recovery
The Association of Bureau De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) to adjust and lower its applicable exchange rate downward below the N1,251/$ it pegged for the Bureau De Change (BDC) operators. … Continue Reading
CBN Sells $10,000 to Each BDC at N1,251/$1, Sets Ceiling for Selling Price
The Central Bank of Nigeria (CBN) has taken a decisive step to enhance liquidity in the retail segment of the foreign exchange (forex) market by issuing a circular to Bureau De Change operators (BDCs). In the circular, the CBN disclosed … Continue Reading