The naira's rally in the official and parallel markets has seen speculators losing over N10,000 as they rush to offload their ...

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Bureau de Change operators and Authorised Dealer Banks have been directed to only purchase up to $25,000 FX for their weekly ...

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The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...

CBN restricts BDCs to $25,000 weekly forex purchases from one bank, aims to curb speculation and stabilize the naira.

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The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...