Legit on MSN20h
Revealed: Why CBN threatened to revoke dealership licence banks, other FX traders
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
Daily Post Nigeria on MSN12h
CBN lists conditions for sale of FX to BDC operators
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...
Nigerian Tribune on MSN1h
Exclude hajj pilgrims from BTA-on-ATM-card policy, group urges CBN
THE Independent Hajj Reporters (IHR) has urged the Central Bank of Nigeria (CBN) to exclude Hajj 2025 intending pilgrims from the new policy of payment of Basic Travel Allowance (BTA) via automated ...
Daily Post Nigeria on MSN1d
CSO urges CBN to exclude Hajj pilgrims from BTA payment via ATM policy
A faith-based registered Civil Society Organization, CSO, that reports, monitors and advocates for workable Hajj policies in ...
The Punch Newspapers on MSN1d
CBN to sell $25,000 to BDCs weekly
The Central Bank of Nigeria has issued new guidelines restricting Bureau de Change operators to purchasing a maximum of ...
Opinion
businessday2hOpinion
Adverse effects of high-interest rate spreads on the Nigerian economy
High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...
businessday14h
Naira appreciates further after CBN’s new BDC directives
The naira appreciated further in the parallel market, popularly called black market, on Thursday, a day after the Central ...
PM News on MSN1d
CBN introduces new FX sales to BDCs
The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing ...
Legit on MSN21h
CBN Gives New Instructions Affecting Dollar Sale on Foreign Passport, BVN Transaction
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...
TheCable23h
‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
Nairametrics1d
CBN limits BDCs to one dealer bank per week for $25,000 FX
The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...
Legit on MSN1d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service Debts
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...