Tag: BDCs
CBN sells $20,000 to BDCs at N1,590/$
The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to Bureau De Change (BDC) operators at the rate of N1,590 to...
CBN sells $20,000 to BDCs at N1,580/$
The Central Bank of Nigeria (CBN) has approved $20,000 each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a dollar.
The...
CBN approves sale of $10,000 at N1,021/$ to 1,583 BDCs
The Central Bank of Nigeria (CBN) has approved the sale of an additional $10,000 to 1,583 eligible Bureaux De Change (BDCs) in the country...
CBN orders BDCs to sell dollar at N1,269
The Central Bank of Nigeria (CBN) has directed each Bureau de Change (BDC) operator to sell dollars to eligible customers at a rate not...
FULL LIST: CBN revokes licenses of 4,173 BDCs, lists offences
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau De Change (BDC) Operators.
The bank’s Acting Director of Corporate Communications,...
Court jails BDC operators in Kano
Justice Mohammed Nasir Yunusa of the Federal High Court, Kano on Tuesday, February 27, 2024, convicted and sentenced two illegal bureau de change (BDC) operators...
CBN begins daily sales of $20,000 at N1,301/$ to BDCs
As part of the efforts to stabilise the forex market, the Central Bank of Nigeria (CBN) has commenced the sale of dollars to Bureau...
CBN unveils new guidelines for forex sale by BDCs
The Central Bank of Nigeria (CBN) has announced a series of operational mechanisms for the sale of forex by Bureau De Change (BDC) operators...
