Insufficient Forex Allocation Blamed for Naira Depreciation, Says BDC Official
A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations ...
A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations ...
In a significant crackdown, operatives of the Economic and Financial Crimes Commission (EFCC) conducted extensive raids on Bureau De Change ...
The Nigerian naira experienced a sharp decline on Thursday afternoon, dropping to N1,450 per dollar in the parallel market. This ...
Recent data from the FMDQ Securities Exchange has shed light on the Central Bank of Nigeria's (CBN) approach to defending ...
In a notable development for Nigeria's foreign exchange market, the Association of Bureau De Change Operators of Nigeria (ABCON) has ...
Ratecaptain's latest report reveals a remarkable surge in the performance of the Nigerian naira, positioning it as one of the ...
The current exchange rate for customs import duties and cargo clearance payments has surpassed the official foreign exchange market rate ...
The Central Bank of Nigeria (CBN) has instructed Bureau de Change (BDC) operators to sell the dollar at a rate ...
On Tuesday, the naira experienced a further appreciation in value at the parallel segment of the foreign exchange (FX) market. ...
The US dollar has experienced a significant decline against the Nigerian naira on the cryptocurrency exchange platform Binance, sparking considerable ...
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