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Category: Business

Business

CBN Sells Dollars To BDC Operators At ₦1,590/$

<div><img width="300" height="166" src="https://www.naijanews.com/wp-content/uploads/2021/11/Dollar-to-Naira-today-300x166.jpg" class="attachment-medium size-medium wp-post-image" alt="Naira Loses Against The Dollar, Falls To N1,120/$ At Black Market" style="margin-bottom: 15px;" decoding="async" srcset="https://www.naijanews.com/wp-content/uploads/2021/11/Dollar-to-Naira-today-300x166.jpg 300w, https://www.naijanews.com/wp-content/uploads/2021/11/Dollar-to-Naira-today.jpg 641w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The Central Bank of Nigeria (CBN) has reviewed and approved the sale of foreign exchange (FX) to qualified bureau de change (BDC) operators at a rate of ₦1,590 per dollar. Naija News understands that the latest action is aimed at addressing the demand for invisible transactions. In a circular issued yesterday, titled ‘Sales of Foreign […]</p> <p>The post <a href="https://www.naijanews.com/2024/09/26/cbn-sells-dollars-to-bdc-operators-at-%e2%82%a61590/">CBN Sells Dollars To BDC Operators At ₦1,590/$</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
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Business

Access To Finance Key To Nigeria’s Poverty Eradication, Says First Bank CEO Alebiosu At UNGA79

<p>Olusegun Alebiosu says access to finance is crucial for eradicating poverty and promoting economic development, especially in remote areas.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/access-to-finance-key-to-nigerias-poverty-eradication-says-first-bank-ceo-alebiosu-at-unga79/">Access To Finance Key To Nigeria’s Poverty Eradication, Says First Bank CEO Alebiosu At UNGA79</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Flour Mills Of Nigeria Majority Investor Seeks To Buy Out Minority Shareholders For N105.2bn

<p>Excelsior Shipping has received SEC approval to acquire FMN's minority shares, offering N70 per share to minority investors.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/flour-mills-of-nigeria-majority-investor-seeks-to-buy-out-minority-shareholders-for-n105-2bn/">Flour Mills Of Nigeria Majority Investor Seeks To Buy Out Minority Shareholders For N105.2bn</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 2 min read
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