CBN restricts BDCs to $25,000 weekly forex purchases from one bank, aims to curb speculation and stabilize the naira.

Under the revised guidelines, each BDC is permitted to source foreign exchange from only one authorised dealer per week ...

A federal high court in Abuja has dismissed David Ukpo’s bid to overturn orders granting Ike Ekweremadu access to his biodata ...

The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...

The Central Bank of Nigeria (CBN) has imposed a $25,000 weekly limit on foreign exchange purchases by Bureau de Change (BDC) ...

All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...

The Central Bank of Nigeria (CBN) has issued new rules that restrict how Bureau de Change (BDC) operators can buy and sell ...

The Central Bank of Nigeria (CBN) has introduced new regulations allowing Bureau de Change (BDC) operators to purchase up to ...

Compared with the past month, the naira has gained five percent, rising by N80 from N1,665 traded at the beginning of the ...

The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...

The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing ...