CBN orders BDCs to return unused forex within 24 hours under new rules aimed at improving foreign exchange market oversight
Naira exchange rate gain sees currency rise to N1,390 per dollar in parallel market as spread with official rate narrows to N35
CBN BDC forex policy allowing $150,000 weekly purchases is expected to boost liquidity, narrow rate gaps and support a stronger naira
CBN approves $150,000 weekly FX sales to BDCs to boost liquidity, narrow rate gaps and stabilise Nigeria’s foreign exchange market
CBN grants BDC FX access with a $150,000 weekly cap and strict KYC, reporting and settlement rules to boost liquidity and oversight
Dollar to Naira Black Market Rate today, September 6, 2025: ₦1545 buying, ₦1540 selling, with CBN rates ranging from ₦1508 to ₦1529
Two men, Abubakar Suleiman and Lawal Farauq, were convicted by the Federal High Court in Ilorin for cybercrime and operating an unlicensed Bureau De Change ...