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Low forex margin triggers massive job losses in BDCs

Low forex margin triggers massive job losses in BDCs

A wave of staff retrenchment is sweeping across the bureaux de change (BDC) subsector as operators struggle against declining margins occasioned by uncompetitive dollar selling rate from the Central Bank of Nigeria (CBN).

Again Nigerians attacked in S/Africa

Again Nigerians attacked in S/Africa

The Nigerian Community in South Africa, say, four members are in critical condition in the hospital while some shops have been burnt in renewed attacks by South Africans.