Tag: Bureau de change
‘I received N416m’: BDC operator testifies in ex-Governor Obiano’s trial
Ayuba Tanko, a Bureau De Change (BDC) operator testifying in the ongoing trial of former Governor of Anambra State, Willie Obiano, says between April...
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...
EFCC arrests 13 fake BDC operators in Lagos
The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 13 suspected fake Bureau De Change (BDC) operators in Lagos State.
The EFCC...
CBN sells $10,000 to BDC operators at N1,101/$
The Central Bank of Nigeria (CBN) has approved daily sales of $10,000 to 1,588 eligible Bureau De Change (BDC) operators at the rate of...
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...
Obi: Clampdown on bureau de change operators’ll worsen forex
The presidential candidate of the Labour Party (LP) in the 2023 election, Peter Obi, says the clampdown on Bureau de Change (BDC) operators by...
BDC: CBN orders forex sellers above $10,000 to declare sources
The Central Bank of Nigeria (CBN) has directed foreign exchange sellers to Bureau De Change (BDC) of the equivalent of $10,000 and above to...
CBN to raise minimum capital for bureau de change operators to...
The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC) operators to N2 billion...
EFCC arraigns bureau de change operator for N998.4m fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned a Bureau de Change operator, Husaini Mohammed Auwal, before the Federal High Court in Abuja...
ABCON: Why naira regained value at FX market
The Association of Bureau De Change Operators of Nigeria (ABCON) has revealed why the naira is regaining value against the dollar.
ABCON, in a statement...
