BDCs – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 26 Mar 2024 04:17:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png BDCs – InfoStride News https://www.theinfostride.com 32 32 CBN Provides BDCs with $10,000 at N1,251/$1 Exchange Rate https://www.theinfostride.com/cbn-provides-bdcs-with-10000-at-n1251-1-exchange-rate/ https://www.theinfostride.com/cbn-provides-bdcs-with-10000-at-n1251-1-exchange-rate/#respond Mon, 25 Mar 2024 18:00:45 +0000 https://www.theinfostride.com/?p=374131 The Central Bank of Nigeria (CBN) has provided Bureau De Change (BDCs) operators with $10,000 each at an exchange rate of N1,251 per United States dollar. This information was disclosed in a circular signed by Hassan Mahmud, the Director of the CBN’s Trade and Exchange Department. The circular instructed BDCs to offer dollars to qualified [...]

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]]> https://www.theinfostride.com/cbn-provides-bdcs-with-10000-at-n1251-1-exchange-rate/feed/ 0 We will hand over FX fraudsters to law enforcers, bankers warn https://www.theinfostride.com/we-will-hand-over-fx-fraudsters-to-law-enforcers-bankers-warn/ https://www.theinfostride.com/we-will-hand-over-fx-fraudsters-to-law-enforcers-bankers-warn/#respond Fri, 13 Aug 2021 18:52:52 +0000 https://www.theinfostride.com/?p=303734 Redeveloped National Theatre ready next year The Bankers’ Committee, yesterday, warned against abuse of the new foreign exchange (FX) sale, saying individuals who circumvent the process would be handed over to the law enforcement agents. Briefing the media on the outcome of its meeting, the bankers promised to support the Central Bank of Nigeria (CBN) [...]

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