Bureau de change

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…

2 days ago

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…

5 months ago

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…

6 months ago

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…

6 months ago

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…

7 months ago

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…

7 months ago

CBN to raise minimum capital for bureau de change operators to N2bn

The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC)…

7 months ago

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…

7 months ago

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…

11 months ago

Fake bureau de change operator jailed 87 years for N325m fraud

The Sokoto State High Court has convicted and sentenced a fake bureau de change operator, Ahmad Abubakar Ahmad, to 87…

12 months ago

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