Financial security in retirement requires early and consistent investment, leveraging compounding interest to maximize ...
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...
The Central Bank of Nigeria (CBN) has introduced new regulations limiting Bureau de Change (BDC) operators and Authorised ...
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...
Prevailing market environment is not accommodative for BDCs. Check out one BDC that is likely to cut its dividend and one ...
Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...
The Central Bank of Nigeria (CBN) yesterday extended the $25,000 weekly sale to Bureaux De Change (BDCs) at the Nigeria ...
The Association of Bureaux De Change Operators of Nigeria (ABCON), at the weekend, called on the Central Bank of Nigeria (CBN ...
Ares Capital is a business development company (BDC). To be exempt from federal income taxes, BDCs must return at least 90% of their earnings to shareholders as dividends. And this one generates a ...
Nigeria’s foreign exchange (FX) reserves have recorded a notable decline, shedding $359.81 million within a single week to settle at $40.56 billion as of January 13, 2025. This decline follows a short ...