"> Bureau de Change Archives - Sahel Standard
May 12, 2021
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The Central Bank of Nigeria (CBN) has mandated all Deposit Money Banks (DMBs) and Bureau de Change operators in the country to accept both old series and lower denominations of United States Dollars that are legal tender for deposit from their customers. This became necessary following complaints from the general public on the rejection of […]Continue Reading
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Mister Shehu said the government will soon make public the names of those who are behind these evil acts. “Bureaus de change are facilitating money to terrorists. We have already worked with the UAE,” a presidential media aide, Garba Shehu said during an interview on Channels Television’s Politics Today on Tuesday. “Convictions have been achieved of Nigerians Continue Reading
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Central Bank of Nigeria Governor Godwin Emefiele on Tuesday said the parallel market – otherwise known as the black market – cannot be used to determine the true value of the country’s currency, as the value of the naira can only be determined by forces of demand and supply. He further explained that the parallel […]Continue Reading