BDCs Seek Return To Mainstream FX Business As Naira Nears N600/$

BDCs seek return

BDCs seek return of its members to mainstream foreign exchange (FX) business, says Our inclusion will stabilise the market It faulted the claims that the naira has remained largely stable following the stoppage of FX allocation to its members, arguing its operation is part of the stabilisation mechanism the market needs EDITOR’S PICK:  MTN Nigeria … Read more

Naira In Circulation Drops By N37.84 Billion In February 2022 – CBN

Naira In Circulation

The Central bank of Nigeria has disclosed that the Naira In Circulation Drops By N37.84 Billion In February 2022 CBN in her communique of the recent 284th MPC meeting disclosed that they disbursed a sum of N29.67 billion between January and February 2022 under the Anchor Borrowers’ Programme (ABP) for the procurement of inputs and … Read more