Naira opens shop below N1000 against dollar at some segments of black market
The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an Iranian strike on Israel, putting…
Tag: BDC
Forex losses hit currency dealers as CBN slashes BDC rate to N1,117.5/$
Currency dealers yesterday lamented mounting losses and declining dollar demand as the naira appreciated further in the official and parallel markets, following a 12 per…
CBN sells forex to BDCs at N1,251/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been made available to…