நைஜீரியன் தன்னாட்சி வெளிநாட்டு பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from நைஜீரியன் தன்னாட்சி வெளிநாட்டு பரிமாற்றம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In நைஜீரியன் தன்னாட்சி வெளிநாட்டு பரிமாற்றம் Today - Breaking & Trending Today

Unease in forex market as dollar heads towards N550/$


Naira sees biggest plunge day after CBN forex ban
• CBN maintains stance as BDCs seek truce
• This will move market away from rate convergence, Adonri insists
• BDCs are anti-market creation, living borrowed time – retired banker
• Banks can’t be trusted, may hoard dollars, Mailafia says
Twenty four hours after the Central Bank of Nigeria (CBN) came down hard on Bureau De Change (BDC) operators for allegedly facilitating money laundering and other forex infractions, the naira fell significantly against the U.S. dollar at the parallel market, yesterday.
x
The naira crashed by about five per cent, as the weakening of the BDC operations weighed heavily on the market, raising concern about the near-term outlook of the local currency.   ....

Abuja Federal Capital Territory , Uche Uwaleke , Victor Ogiemwonyi , David Adonri , Godwin Owoh , Obadiah Mailafia , Godwin Emefiele , Bureau De Change , Association Of Bureau De Change Nigeria , Central Bank , Highcap Securities , World Bank , Nigerian Autonomous Foreign Exchange , Nasarawa State University , Vice Chairman , Highcap Securities Limited , கூட்டாட்சியின் மூலதனம் பிரதேசம் , பணியகம் டி மாற்றம் , சங்கம் ஆஃப் பணியகம் டி மாற்றம் நைஜீரியா , மைய வங்கி , உலகம் வங்கி , நைஜீரியன் தன்னாட்சி வெளிநாட்டு பரிமாற்றம் , துணை தலைவர் ,

In rare courage, CBN weakens BDC operations, stops FX funding


• Indicts operators for money laundering
• We receive 5,000 fresh BDC applications monthly, says Emefiele
• MPR, other monetary parameters retained
• Decision a rumour until we see CBN circular, operators insist
• Cordros Research: Discontinuation of FX to BDC will affect exchange rate
• Nigeria to launch digital currency ‘e-naira’ in Oct
The Central Bank of Nigeria (CBN), in a rare courage, yesterday, ended foreign exchange (FX) supply to bureau de change (BDC) operators and registration of new players with immediate effect.
Governor of the CBN, Godwin Emefiele, in a media briefing on the outcome of the Monetary Policy Committee (MPC) meeting, accused BDC operators of rent-seeking behaviour and involvement in money laundering activities, adding that the authority receives about 5,000 fresh applications monthly. ....

Abuja Federal Capital Territory , Margaret Ogundana , Uche Uwaleke , Aminu Gwabade , Muhammadu Buhari , Godwin Emefiele , International Monetary Fund , Association Of Bureau De Change Nigeria , Analysts At Cordros Research Ltd , Central Bank , World Bank , Nigerian Autonomous Foreign Exchange , Cordros Research , Monetary Policy Committee , Nasarawa State University , Lagos Business School , Monetary Policy Rate , Cash Reserve Ratio , Liquidity Ratio , Bongo Adi , Mrs Margaret Ogundana , President Muhammadu Buhari , Bureau De Change , Deposit Money Banks , கூட்டாட்சியின் மூலதனம் பிரதேசம் , சர்வதேச பண நிதி ,