Tuesday, April 30, 2024
MARKET UPDATE
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Tag "Bureau de Change"

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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Naira appreciates against major currencies

    Naira appreciates against major currencies

The naira has appreciated against the major currencies at the official and parallel markets in Lagos. At the official market, the naira opened at N155.15 to the dollar, compared with

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Up… up… naira

The Nigerian economy got a marginal boost within the week, as the naira appreciated against major currencies at the official and parallel markets. At the official market, the naira opened

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Naira remains stable against international currencies

  Naira remains stable against international currencies

On April 25, 2014, the Naira remained stable against the US Dollar and the British Pound Sterling at the official

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