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Nigeria:
CBN Lifts Restriction On Forex Deposit
Daily Trust, 11 January 2016
Commercial banks in Nigeria can now accept deposit in foreign currency once again after the Central Bank of Nigeria (CBN) lifted the ban. Read more »
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Nigeria:
CBN Stops Sale of Forex to BDCs
Vanguard, 12 January 2016
The Central Bank of Nigeria, CBN, has stopped, with immediate effect, the sale of foreign exchange, forex, to Bureaux de Change, BDCs, as part of measures to reduce the pressure on… Read more »
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Nigeria:
CBN Stops Forex Sale to BDCs
Daily Trust, 11 January 2016
The Central Bank of Nigeria has discontinued sale of foreign exchange to Bureau De Change operators as part of move to preserve the nation's external reserves. Read more »
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Nigeria:
CBN Releases New Forex Rules, Ends BDCs Funding
Guardian, 12 January 2016
A set of fresh regulations on foreign exchange (forex) saw to the Central Bank of Nigeria (CBN) yesterday ending the programme of funding bureaux de change weekly. The scheme which… Read more »
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Nigeria:
CBN Lifts Ban On Dollar Deposits, Stops Forex Sales to BDCs
This Day, 12 January 2016
After months of mounting pressure from economic analysts, small businesses, manufacturing concerns, the International Monetary Fund (IMF), and politicians such as Senate President… Read more »
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Nigeria:
CBN Will No Longer Sell Forex to BDCs - Emefiele
Leadership, 11 January 2016
The Central Bank of Nigeria (CBN) says it has discontinued the sale of foreign exchange (forex) to Bureau De Change (BDCs) operators in the country. Read more »
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Nigeria:
Foreign Exchange Crisis - CBN Lifts Ban On Cash Deposit of Dollars, Others
Premium Times, 11 January 2016
The Central Bank of Nigeria has lifted a ban stopping commercial banks from accepting cash deposits of foreign exchange from customers. Read more »
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Nigeria:
CBN Stops Dollar Sale to BDCs
Leadership, 12 January 2016
The Central Bank of Nigeria (CBN) yesterday stopped the sale of dollars (forex) from any official source to the 2,786 Bureau De Change (BDC) operators in the country. Read more »
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Nigeria:
CBN Stops Forex Sales to BDCs, As Naira Hits N282/Dollar
Daily Trust, 11 January 2016
The Central Bank of Nigeria has stopped selling foreign exchange to Bureau de Change (BDCs) operators as part of a move to preserve the external reserves. This is just as the naira… Read more »
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Nigeria:
Scrap BDC, Save the Naira From Continued Devaluation
Vanguard, 11 January 2016
The pressure on the Naira at the foreign exchange market might continue to mount and see further depreciation in value of the Naira if the activities of currency speculators are… Read more »