EFCC Clampdown On BDC Operators  Will Not Stop Naira Crisis -Bismark Rewane

LAGOS FEBRUARY 23RD (NEWSRANGERS)-The Chief Executive Officer of the Financial Derivatives Company, Bismarck Rewane has told President Bola Tinubu to stop chasing shadows with the Economic and Financial Crimes Commission’s recent clampdown on Bureau De Change operators over the fluctuations of Naira against the US Dollar at foreign exchange market. Rewane disclosed this on Thursday…

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Bureau D’ Change Operators Shun Dollars As Naira Bounces Back

LAGOS NOVEMBER 14TH (NEWSRANGERS)-Bureau de change operators in Adamawa State are rejecting foreign currencies from customers due to growing uncertainty in the parallel market. Some of the money changers interviewed at Jimeta Modern Market in Yola said they were apprehensive over the sudden and continued crash of the dollar which destabilized the parallel market. The…

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