Friday, 20th May 2022
<To guardian.ng
Search

CBN to announce new rate for BDCs

The Central Bank of Nigeria says it will announce a new rate for retail exchange bureaus today and start bi-weekly currency dollar sales to the BDCs this week.

Related

28 Mar 2019
The Central Bank of Nigeria says its decision to slash the Monetary Policy Rate by 50 basis points was a signal to a new direction of its policy position. Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry joins CNBC Africa to discuss the wider implications of this new stance.
4 Apr 2019
Nigerian Senate quizzes Police Inspector General over 1 Billion Dollar security vote
5 Apr 2019
Jane Foley, head of FX strategy at Rabobank, and Emmanuel Cau, head of European equity strategy at Barclays, discuss the U.S.-China trade talks and their impact on markets.
14 Apr 2019
The start of Saudi Aramco's sale of its debut dollar bonds has an order book reportedly around $40 billion.
14 Apr 2019
Madonna will put on a guest performance at the final of the upcoming Eurovision Song Contest in Israel. The US pop superstar is reportedly getting paid $1.5 million for the gig.
20 Apr 2019
Banco Santander SA decided to call $1.5 billion of dollar CoCos just months after declining to redeem euro-denominated CoCos. Bloomberg Opinion columnist Marcus Ashworth reports on "Bloomberg Surveillance." His opinions are his own.
25 Jun 2019
Governor of the Central Bank of Nigeria, Godwin Emefiele will unveil his 5-year plan for his second term in office later today. Egie Akpata, Director General of Union Capital Markets joins CNBC Africa for the outlook of Nigeria’s capital market this week.
26 Jun 2019
Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.
20 Aug 2019
Experts advise Nigerians to tap into trillion-dollar forex market
12 Jul 2020
The number of Germany's dollar millionaires rose by 100,000 in 2019, according to the World Wealth Report. The US had the biggest upturn, although the coronavirus crisis could change the upward trend.
19 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣⁣
11 Dec 2020
Rise is an investment company that provides people living in Nigeria with dollar-denominated investments in the US and other markets to enable them to earn returns that make investing worth it. Rise brings the best investments from around the world to everyone in Africa and beyond in order to create wealth for the continent.