In a move to stabilize the naira and narrow the gap between the official and unofficial foreign exchange rates The Central Bank of Nigeria (CBN) has...
Chief executives of banks have responded to concerns about hidden fees in the sale of foreign currency. The CEOs under the aegis of the Committee of...
Banks are diverting dollar sales previously allocated to licensed Bureaux De Change (BDC) operators to unlicensed BDCs or currency hawkers, investigation by Ripples Nigeria has revealed....