BDC operators reveal the major challenge with resumed sales of forex by CBN
The BDC operators said that the profit margin would not be enough to cover their expenses.
The BDC operators said that the profit margin would not be enough to cover their expenses.
Reopening of the BDC window for foreign exchange would crash the prevailing spike in the exchange rate.
Forex turnover at the Investor and Exporters (I&E) window on Wednesday, June 24, 2020, stayed relatively flat when compared to the day before. This ...
Gwadebe said that the pandemic caused supply disruptions as the price of crude oil went down.
It is obvious that the CBN has come to realize that BDC operators can be the difference between naira recovery ...
The CBN Governor had also advised businesses to stop patronizing the parallel market as it had the ability to meet ...
The Central Bank of Nigeria, in a note issued to Bureau De Change operators (BDCs) in the country, suspended the ...
Association of Bureau De Change Operators of Nigeria has given assurances to the public of continued sale of dollars at the official price
Over 100 Bureau De Change Operators were fined N5 million by the Central Bank of Nigeria for various infractions in ...
ABCON has urged the Nigerian government to be cautious of France’s involvement in the Eco currency matter.
Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |