The Central Bank of Nigeria (CBN) has promised to commence an immediate refund of capital deposit to Bureaux de Change (BDC) promoters whose applications are currently pending and awaiting official…
BY EDMOND ODOK, ABUJA – The Central Bank of Nigeria (CBN) has boosted its retail Secondary Market Intervention Sales (SMIS) with the sum of 218.41 million dollars. In addition, the…
The Central Bank of Nigeria (CBN) at the weekend sustained its efforts at boasting business activities with huge US dollars and Chinese Yuan investments in the inter-bank foreign exchange market…
Isaac Okorafor, CBN’s Director, Corporate CommunicationsThe Central Bank of Nigeria (CBN) has made another intervention of 298.71million dollars into the retail Secondary Market Intervention Sales (SMIS). According to the Director…
BY CHINYERE OBIORA, LAGOS – Disturbed by dire financial straits in the system, Bureaux De Change Operators on Tuesday urged the Central Bank of Nigeria (CBN) to review upward foreign exchange…