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May 23, 2024
The PUNCH earlier reported that The CBN updated its regulatory guidelines for BDC operations in Nigeria, after consulting with stakeholders.
February 24, 2024
The Central Bank of Nigeria (CBN) has directed for an increase in the share capital of Bureau De Change (BDC) operators
January 4, 2024
There has been controversy surrounding some United States dollar notes in Zimbabwe, as banks, businesses, and individuals claim that they are not worth their full value. Reports suggest that some banks are taking a percentage of every dollar, ranging from 10% to 20%. This issue was highlighted by a Zimbabwean lawyer named Tinomudaishe Chinyoka, who…
September 12, 2023
The Financial Times Stock Exchange (FTSE) has reclassified Nigeria from frontier market status to unclassified market status.
August 21, 2023
IN a flurry of measures which analysts regard as steps to stabilise foreign exchange market, the Central Bank of Nigeria (CBN) has announced new
July 17, 2023
On this Gwadabe averred that the CBN must increase participation in the official market to include BDC who can play the moderating role needed to stabilise the market.
August 17, 2021
The Minister says CBN'S latest policy will end the multiple exchange rates that have bedevilled the country.