Why ABCON cautions BDCs on regulatory infringement
The Association of Bureau De Change Operators of Nigeria (ABCON) has cautioned Bureau De Change (BDC) operators on the need to abide by extant...
Nigerians call for FG’s intervention new monetary policy
Nigerians have called for an intervention from the Federal Government to ease the hardship and frustration being faced because of the new monetary policy introduced by the Central Bank of Nigeria (CBN).
Why 1,368 BDCs to get $20,000 CBN FX intervention
About 1368 eligible Bureau De Change (BDC) Operators in Abuja, Awka, Kano and Lagos are set to benefit from the 20,000 dollars weekly FX...
CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
Buhari Demands For 7days Decision On Major Currency Redesign
President Muhammadu Buhari has urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country following the policy of the Central Bank of Nigeria to change high value Naira notes with new ones.
Why Court orders Binance to release Nigerian traders’ data….
Justice Emeka Nwite of the Federal High Court, Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission (EFCC) with...
