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Bureau De Change

Bureau De Change

Naira
BUSINESS & ECONOMY COVER
The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The naira had exchanged at N358.2 to ...
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CBN
BANKING & FINANCE
The Central Bank of Nigeria (CBN) yesterday injected another sum of $210 million into the interbank foreign exchange (forex) market. Figures released by the CBN indicated that authorised ...
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ABCON
BANKING & FINANCE
The Central Bank of Nigeria on Friday said it plans to boost its dollar sales to exchange bureaus after the currency weakened sharply on the black market. The ...
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BANKING & FINANCE COVER
The naira on Tuesday closed at N363.32 to the dollar at the investors’ window while market turnover at the window stood at 51.14 million dollars, the News Agency ...
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Yuan
BANKING & FINANCE BUSINESS & ECONOMY
The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the People’s Bank of China, will not cover the importation of substandard goods. The ...
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CBN
BANKING & FINANCE COVER NEWSLETTER
The Central Bank of Nigeria (CBN) yesterday injected $327,440,499.50 into the interbank market through Retail Secondary Market Intervention Sales (SMIS). This was in addition to the sale of ...
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CBN
BANKING & FINANCE COVER
The acting Director, Corporate Communications, CBN, Isaac Okorafor in a statement in Abuja, said the bank offered 100 million dollars to authorised dealers in the wholesale segment of ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER
The Naira, Nigerian money, has weakened marginally against the dollar at the parallel market. The currency exchanged at N358.3, weaker than N358 traded on Friday, while the Pound ...
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Nigeria's Forex
BANKING & FINANCE COVER NEWSLETTER
– The local currency also retained its rate against Pound and Euro – The Naira closed at N361 to a Dollar, N419 to Euro while the Pound traded ...
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Naira stability
BANKING & FINANCE BUSINESS & ECONOMY COVER NEWSLETTER
The Naira on Thursday lost marginally against the dollar at the parallel market in Lagos, exchanging at N359.2 to the dollar, the News Agency of Nigeria (NAN) reports. ...
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Dollar
COVER FOREX NEWSLETTER
The Central Bank of Nigeria, CBN, has finally cut down the rate it sells the United States of America Dollar to operators of Bureau De Change, BDC, in the ...
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Naira stability
FOREX
Gwadabe told the News Agency of Nigeria on Monday in Lagos, that the development in the stock market and the political intrigues before the 2019 general elections was ...
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Dollar
COVER FOREX NEWSLETTER
The Central Bank of Nigeria,CBN, has auctioned $250million to 3147 registered Bureau De Change, BDC operators nationwide to ease the lingering dollar scarcity. The President of the Association ...
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Bureau De Change Operators React To Elimination Of Parallel Market
FOREX
The Association of Bureaux De Change Operators of Nigeria (ABCON) says it is committed to deepening professionalism among its members to gain investors’ confidence. Alhaji Aminu Gwadabe, ABCON’s ...
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Naira stability
FOREX
A Bureau De Change (BDC) Operator Mr Harrison Owoh, has said that street forex hawking  was not good for the image of the country. Owoh told the News ...
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Naira To Appreciate Soon
The president of the Association of Bureau De Change operators, Aminu Gwadabe has said that the naira should appreciate gradually in a few days, especially after the expected ...
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Travelex, FBN Sell Forex To BDCs
Foreign exchange liquidity challenges in Abuja and environs is expected to reduce as Travelex and First Bank of Nigeria Limited begin the sale of foreign exchange to Bureau ...
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Value of Naira To Surge As BDCs Expect $15million
  The value of the naira is expected to witness a significant appreciation next week as Bureau de Change, BDC operators would receive around $15 million. The Central Bank of Nigeria, ...
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Naira Crashes to N395/$ At Parallel Market
The Naira on Friday, August suffered further loss against the dollar at the parallel market, shedding one point to the Greenback, the News Agency of Nigeria (NAN) reports. The Nigerian ...
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Naira Slides Further Against Dollar To N394
The Naira on Wednesday, August 17, further  depreciated against the dollar, at the parallel market amid last minute perfection of documentation by Bureau De Change, BDC, operators, the ...
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