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CBN introduces new FX rate for BDCs
News

CBN introduces new FX rate for BDCs

The Central Bank of Nigeria has reviewed down the rate at which it was selling dollars to Bureau De Change operators nationwide. President, Association of Bureau De Change Operators of […]

We didn’t convert NNPC’s products-MRS
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We didn’t convert NNPC’s products-MRS

MRS Limited has absolved itself from allegations that it expropriated petroleum products belonging to the Nigerian National Petroleum Corporation (NNPC). NNPC’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, […]

CBN crashes dollar to N360
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CBN crashes dollar to N360

Banks are to sell dollar at N360 for travel allowances, tuition and medical fees. A statement from the Central Bank of Nigeria (CBN) yesterday noted that ” $85 million for sale […]