Wednesday, July 6, 2022
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TheCable

Tag "BDC operators"

Naira continues free fall, weakens 0.9% to N577/$1 at parallel market

    Naira continues free fall, weakens 0.9% to N577/$1 at parallel market

The Nigerian naira has weakened to N577 per dollar at the parallel section of the foreign exchange market. This represents N5 or 0.9 percent depreciation compared to the N572 it

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Naira falls by 2.8% to N545/$1 at parallel market

    Naira falls by 2.8% to N545/$1 at parallel market

The naira, on Friday, depreciated against the dollar at the parallel section of the foreign exchange market. Bureaux De Change (BDC) operators in Lagos told TheCable on Friday that the

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Naira gains 3.6% to trade N540/$1 at parallel market

    Naira gains 3.6% to trade N540/$1 at parallel market

The Nigerian naira has appreciated by 3.6% to N540/$1 at the parallel market — almost four months after the Central Bank of Nigeria (CBN) stopped FX sales to Bureaux De

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CBN directs banks to publish names, BVN of forex policy defaulters

    CBN directs banks to publish names, BVN of forex policy defaulters

The Central Bank of Nigeria has directed all commercial banks in the country to publish the names and bank verification numbers (BVN) of defaulters of forex policy. The apex bank gave

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Police nab ‘bank hacker’, BDC operators over ‘N1.8bn fraud’

  Police nab ‘bank hacker’, BDC operators over ‘N1.8bn fraud’

Operatives of the police special fraud unit (SFU) have arrested Salau Abdulmalik Femi, a 38-year-old man for allegedly hacking into

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Bank CEOs: We’re ready to meet forex demand of customers

  Bank CEOs: We’re ready to meet forex demand of customers

The Body of Bank Chief Executive Officers (CEOs) say the banking industry is ready to sale of foreign exchange to

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‘They’ve turned into money laundering agents’ — CBN bans sale of FX to BDCs

  ‘They’ve turned into money laundering agents’ — CBN bans sale of FX to BDCs

The Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs)

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BDC operators to CBN: Make us pay agents for diaspora remittances

  BDC operators to CBN: Make us pay agents for diaspora remittances

The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to make

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