Tag
BDC
The latest decision of the Central Bank of Nigeria (CBN) to stop the sale of FOREX to Bureau...
Deposit money banks in the country have moved to implement the directive from the Central Bank of Nigeria...
The CBN has moved to increase forex allocation to BDCs and sustain the funding for about 5,000 members of the association.
The CBN intervened in the foreign exchange market with sales FOREX to dealers valued at $5.62 billion in Q4 2020.
BDC operators have declared operational war against foreign exchange speculators and black market dealers distorting the naira exchange rate.