Naira Plunges to 1,030/$ on Parallel Market After Recent Surge
The Nigerian Naira took a sharp plunge against the US Dollar on Monday, reaching an average exchange rate of 1,030 ...
Tag: Bureau De Change
Nigerian Students Spend $340.84 Million on Foreign University Applications in the H1 of 2023
Between January and June 2023, Nigerian students aspiring to study abroad have invested a staggering $340.84 million in funding their ...
CBN Accuses BDCs of Engaging in Round-Tripping Activities
The Central Bank of Nigeria (CBN) is taking steps to modernize Bureau de Change (BDC) operations and enhance transparency while ...
Banks Release $533.48 Million for Foreign Education through Central Bank of Nigeria.
In a bid to cater to the increasing demand for foreign education, Nigerian banks have disbursed a total of $533.48 ...
The Fate of Bureau De Change Companies in Nigeria Following Exchange Rate Unification.
The unification of the exchange rate in Nigeria is set to have a wide-reaching impact on Bureau De Change (BDC) ...
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