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Naira slides to 505/$ as CBN stops forex sale to BDCs

Emefiele The naira fell slightly to the dollar at the parallel market few hours after the Central Bank of Nigeria on Tuesday announced the discontinuity...

CBN Bans Sale of Forex To Bureau De Changes, Says They Have Turned Into ‘Money Laundering Agents’

Emefiele The Central Bank of Nigeria, CBN, has banned the sale of foreign exchange, FX, to Bureau De Change, BDCs, operators in the country. The CBN...

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