Tuesday, May 28, 2024
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TheCable

Tag "CBN dollar sales"

THE INSIDER: CBN allocated $5.7bn annually to BDCs amid plunging reserves

    THE INSIDER: CBN allocated $5.7bn annually to BDCs amid plunging reserves

At the end of the monetary policy committee meeting in Abuja on Tuesday, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), announced the discontinuation of foreign exchange sales

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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) operators in the country. Godwin Emefiele, governor of the apex

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