26/07/2016 – Naira exchange rates

Official BDC and CBN exchange rate for Naira against Dollar, Pounds and Euro for 26/07/2016.

CBN Meets Over Volatile Naira, Interest Rate

The Monetary Policy Committee (MPC) is set to review recent developments in the global and domestic economy at a crucial two day meeting commencing tomorrow in Abuja.

Topping the agenda for the meeting is the volatility of the naira in …

CBN Directs Banks To Sell Forex To BDCs – Telegraph

The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign currency accruing from inward money remittances to licenced Bureau De Change operators (BDCs).


The directive is in a circular with …

Naira Crash To N373/Dollar on Parallel Market

The naira’s free fall has come as a surprise to many stakeholders, who think that the new flexible forex policy introduced by the Central Bank of Nigeria (CBN) would have stabilised the currency.

The forex market swung left and right …