Sunday, September 25, 2022
MARKET UPDATE
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Tag "Bureaux De Change (BDCs)"

Naira slides to N683/$ at parallel market as FX demand intensifies

    Naira slides to N683/$ at parallel market as FX demand intensifies

The naira has dropped to N683 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The figure represents a depreciation of N3

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Naira drops to N680/$ at parallel market despite EFCC’s clampdown

    Naira drops to N680/$ at parallel market despite EFCC’s clampdown

The naira, on Wednesday, weakened against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke to TheCable

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ABCON to CBN: Collaborate with BDCs to end multiple exchange rates

    ABCON to CBN: Collaborate with BDCs to end multiple exchange rates

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN)) to use its members as a tool in ending multiple exchange rates

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Create special FX trading window for BDCs, ABCON tells CBN

    Create special FX trading window for BDCs, ABCON tells CBN

The Association of Bureaux De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to establish BDCs’ autonomous foreign exchange trading window (BAFEX) with a determined

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Naira slides to N589 per dollar at parallel market as FX liquidity crisis persists

  Naira slides to N589 per dollar at parallel market as FX liquidity crisis persists

Nigerian naira, on Wednesday, dropped to N589 against the dollar at the parallel market. The figure represents N1 or 0.2

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Naira appreciates 0.3% to N588/$1 at parallel market

  Naira appreciates 0.3% to N588/$1 at parallel market

Nigerian naira, on Thursday morning, appreciated against the dollar at the parallel section of the foreign exchange market. Bureaux De

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ABCON: CBN’s decision to discontinue FX sales to BDCs made naira worthless

  ABCON: CBN’s decision to discontinue FX sales to BDCs made naira worthless

The Association of Bureaux De Change Operators of Nigeria (ABCON) says the decision of the Central Bank of Nigeria (CBN)

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Naira falls to N585 per dollar at parallel market

  Naira falls to N585 per dollar at parallel market

Nigerian naira has dropped to N585 against the dollar at the parallel section of the foreign exchange market. The figure

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Naira slides 0.5% to N581/$1 at parallel market

  Naira slides 0.5% to N581/$1 at parallel market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market. The figure

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Naira drops 0.2% to trade N578/$1 at parallel market

  Naira drops 0.2% to trade N578/$1 at parallel market

The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign exchange market. Bureaux De

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