The President of the Association of Bureau De Change Operators of Nigeria (ABCON ), Alhaji Aminu…
Tag: CBN
Tomato paste manufacturers tackle CBN over FX policy
The Union of Tomato Paste Manufacturers in Nigeria has raised alarm over the danger of the…
CBN sells forex to BDCs
The Central Bank of Nigeria (CBN) started auctioning $250m to 3147 registered Bureau De Change nationwide…
Nigeria’s external reserves hit $27.2bn-CBN
Nigeria’s foreign exchange (forex) reserves have increased to $27.223 billion as at January 16, 2017, according…
CBN, entrepreneurial centre to train 500 women in Katsina State
The Central Bank of Nigeria (CBN), in partnership with North-west Entrepreneurship Centre, Kano, will train 500…
Inflation is out of CBN’s control – expert
The Head of Research, Nigerian Economic Summit Group (NESG), Dr Olusegun Omisakin, says rising inflation rate in…
BDCs set forex rate before CBN meeting
Nigeria’s Bureau de Change (BDC) operators set their first ever reference exchange rate for the naira…
External reserves rise further to N26.2bn
The country’s external reserves rose to $26.2bn on January 4, 2017, up from $25.8bn on December…
CBN sells 173 billion Naira treasury bills with rates flat
Nigeria’s central bank sold 172.85 billion Naira ($550 million) at its first treasury bill sale of…