CBN to increase BDC minimum share capital to N2bn
The Central Bank of Nigeria (CBN) has directed for an increase in the share capital of Bureau De Change (BDC) operators
Source: tribuneonlineng.com
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Nigeria is unclassified on the FTSE
The Financial Times Stock Exchange (FTSE) has reclassified Nigeria from frontier market status to unclassified market status.
Source: techcabal.com
BDCs to Capture Diaspora Remittances After Full Integration Into I&E Window
ABCON has guaranteed that the Nigerian economy will start to see and capture the diaspora remittances that are currently diverted to different jurisdictions
Source: legit.ng
CBN takes steps to stabilise exchange rate
IN a flurry of measures which analysts regard as steps to stabilise foreign exchange market, the Central Bank of Nigeria (CBN) has announced new
Source: tribuneonlineng.com
CBN Reacts to Reports of Withdrawing 2,698 BDCs Licenses as Naira Value Drops Again at Official, Black Market
The Central Bank of Nigeria has responded to reports that it has withdrawn the operating licenses of over Bureau De Changes (BDCs) operators across the country.
Source: legit.ng