Sunday, September 25, 2022
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Tag "Association of Bureau de Change Operators of Nigeria"

Naira hits N502/$1 at parallel market

    Naira hits N502/$1 at parallel market

The naira, on Friday, fell at the parallel market to N502 to the dollar as speculations continue to hamper forex market operations. At the importer & exporter (I&E) window, it

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House summons Emefiele to explain BDC policy

    House summons Emefiele to explain BDC policy

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has been summoned by the federal house of representatives on Thursday the over the new capital base of N35m

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BDC operators ‘not ready’ for new capital base

    BDC operators ‘not ready’ for new capital base

Some Bureau De Change (BDC) operators have urged the Central Bank of Nigeria (CBN) to extend the deadline for the new capital requirement released for the industry, saying that the July

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CBN changes rules for Bureau De Change

    CBN changes rules for Bureau De Change

The Central Bank of Nigeria (CBN) has announced an increase in the minimum capital requirement for Bureau de Change (BDC) operators from N10 million to N35 million. In a statement,

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