TheCable

Tag "Bereau de Change"

Naira stable at N450/$1 — first time in eight days

For the first time since eight days ago when the Central Bank of Nigeria (CBN) adjusted the foreign exchange policy, the naira maintained its rate of N450 to a dollar at

Banks no longer sell dollars to us, Abuja BDCs lament

Bureau de change (BDC) operators in Abuja, Nigeria’s capital city, say commercial banks within the country have been unable to provide foreign exchange for trade at parallel market. A BDC operator

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