BDC operators to sell dollar at N386 as CBN orders
BDC operators to sell dollar at N386 as CBN orders. Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has resumed sales of foreign exchange to Bureau De Change (BDC)…
BDC operators to sell dollar at N386 as CBN orders. Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has resumed sales of foreign exchange to Bureau De Change (BDC)…
In the development of any economy, Small and Medium Enterprises (SMEs) are critical. They possess great potentials for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship…
A total of N118 billion have been debited by the Central Bank of Nigeria (CBN) from the accounts of some banks for defaulting in the cash reserve requirement (CRR) as…
There was unease in the seaports on Thursday following the recent increase of the exchange rate for import duty payment from N326 per dollar to N361. Punch correspondent gathered that…
Barring any last-minute change in plans, the disbursement of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility would begin on Thursday. The fund, which is…
Activity picked up for the Naira on Tuesday at the Investors and Exporters (I&E) foreign exchange window, although trade volumes continue to remain dismal. The Naira appreciated by 0.29% to…
THE Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has kicked against any plan by any commercial banks to sack bank workers because of COVID-19 pandemic in…
The Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine. The Nigeria Interbank Settlement System (NIBSS) data…