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FG unveils plan to revamp cooperative sector, targets $1trn economy
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CBN extends BDC operators recapitalisation deadline by six months

The Association of Bureaux De Change Operators of Nigeria has announced that the Central Bank of Nigeria has extended the deadline for Bureau de Change operators to meet the new recapitalisation requirements by an additional six months. This extension, confirmed by ABCON President Aminu Gwadebe during a virtual general meeting on Monday, moves the new […]

Naira falls N777 against dollar after CBN announcement
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Naira slumps to N595/dollar amid forex shortage

THE naira slumped further and exchanged to the dollar at 595 on Friday at the parallel market. Some Bureau de Change operators who spoke with our correspondent said the dollar was bought and sold at 585 and 595 on Friday. On Monday, the naira was exchanged at N590 to a dollar. At the Investor & […]

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