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The Journal

The Journal

The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
  • Contact us

 

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foreign exchange regulations

The Local Currency Bond Shift: Can the Capital Market Rescue Real-Sector Debt?
  • Business

CBN Limits Weekly BDC Purchases to $150,000

Ebenezer Chukwudi1 month ago1 month ago02 mins

The Central Bank of Nigeria has rolled out strict new rules for retail currency dealers. A fresh circular caps weekly foreign exchange purchases for bureau de change operators at $150,000. Regulators want to curb speculation and bring order to a volatile parallel market. The policy bans dealers from using third-party accounts to access these funds….

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