bureau de change

Naira strengthens against dollar at parallel market

The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel…

Foreign Exchange market: CBN widens margin for BDCs by N3

The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin…

Discovery of money in Lagos vindicates BDC- Gwadabe

Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON) said…

Naira gains N20 against dollar

The naira appreciated significantly against the dollar on Wednesday to trade at N410 to the…

Naira extends stability at major forex market

The Naira on Tuesday continued to extend its stability against the dollar at all the…

Bridging inter-bank, parallel market rate: The CBN dilemma

 Racheal Ishaya, News Agency of Nigeria (NAN) Analysis 2016 has been a tough year for…

Hard times for bureau de change operators

Funsho Balogun Two months ago, when the Bureau de Change operators in Nigeria really began…

Naira hits new low at unofficial market

Nigeria's naira fell 1.5 percent to a new low of N265 to the dollar on…

CBN tightens forex rules, dollar hits record N260

Nigeria's central bank on Friday revised the rules for operating retail bureaux de change in…

Naira gains as CBN enforces forex rules

The Nigerian naira strengthened 2.1 percent to 235 per dollar on the unofficial market on…