Tag: BDCs

Official, parallel FX rates converge at 1,502/$ for first time in almost two years

  The naira closed against the dollar at N1,502 at both parallel…

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CBN extends timeframe for BDCs to buy $25,000 weekly from banks

  The Central Bank of Nigeria (CBN) has extended the timeframe for…

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CBN sells FX to BDCs at N1,251/$

  The Central Bank of Nigeria (CBN) has announced the second tranche…

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CBN revokes operational licenses of 4,173 BDCs

  The Central Bank of Nigeria (CBN) has revoked the licenses of…

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