BDCs now buying dollars at N980/$, naira appreciating faster than expected – ABCON President confirms
The Association of Bureau De Change Operators of Nigeria (ABCON) said that as of Tuesday, the Bureau De Change (BDC) operators were buying dollars...
Naira Abuse: Understanding the Law and Avoiding Penalties
Like the national flag, anthem and even the international passport, Nigeria's Naira is more than just money – it's a symbol of our nation's...
Advocate suggests prohibiting cash transactions in dollars as a measure to protect the value of the Naira, advises Tinubu
The Group Managing Director of CFL Group, Lai Omotola, has urged President Bola Tinubu to implement an executive order prohibiting cash transactions in dollars...
Analysts predict a potential increase in interest rates as the Monetary Policy Committee convenes for its meeting
The Central Bank of Nigeria's Monetary Policy Committee is anticipated to raise the benchmark interest rate at this week's meeting, as suggested by financial...
The Central Bank of Nigeria initiates the sale of dollars to Bureau de Change (BDC) operators
The Central Bank of Nigeria has declared its intent to sell $20,000 in foreign exchange to each eligible Bureau De Change operator nationwide, marking...
