Sunday, July 12, 2026

Central Bank of Nigeria(CBN

July 18, 2024

CBN mandates BDCs to cap forex profit at 1.5%

“All BDCs are permitted to sell to eligible end-users at a profit margin not exceeding one point five per cent (1.5 per cent) above the CBN purchase rate,” the bank clarified.

Central Bank of Nigeria, CBN
February 10, 2024

NDIC partners CBN to supervise banking operations 

He said that due to current economic challenges, both agencies had intensified their monitoring efforts.

  • In an era of fake news and overcrowded media marketplace, the journalists at Peoples Gazette aim to provide quality and practical information to help our readers stay ahead and better understand events around them. We focus on being the balanced source of true, stimulating and independent journalism.
  • The Peoples Gazette Ltd, Plot 1095, Umar Shuaibu Avenue, Utako, Abuja.
  • +234 805 888 8330.

Quick Links

Follow