Saturday, April 20, 2024
MARKET UPDATE
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Tag "Bureaux de Change operators"

Naira drops 0.3% to trade N607/$ at parallel market

    Naira drops 0.3% to trade N607/$ at parallel market

The naira, on Tuesday, depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’ quoted the

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Naira trades N575/$1 at parallel market as abokiFX clears forex information

    Naira trades N575/$1 at parallel market as abokiFX clears forex information

Bureaux De Change operators (BDCs), popularly known as ‘abokis’, on Monday quoted naira at N575 to the dollar at the street market. Checks by TheCable showed that the naira currently

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HURRAY! CBN close to single rate as BDCs, banks get dollar at same price

    HURRAY! CBN close to single rate as BDCs, banks get dollar at same price

The Central Bank of Nigeria (CBN) has approved that Bureaux de Change operators and commercial banks should get foreign exchange at the same rate. Isaac Okorafor, CBN acting director, corporate

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