The Central Bank of Nigeria (CBN) has initiated a significant intervention by allocating $20,000 to each eligible Bureau De Change (BDC) operator across the country. This...
The Central Bank of Nigeria (CBN) has announced plans to reinstate its weekly intervention in the foreign exchange (forex) market through Bureau de Change (BDC) operators....
In a concerted effort to curb illicit currency dealings and stabilize the nation’s currency, Nigerian security operatives, including police and Economic and Financial Crimes Commission (EFCC)...
The President of the Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadebe, has called on the Central Bank of Nigeria (CBN) to utilize the...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has announced its intention to promote the merger of several Bureaux De Change (BDC) operators, rather...
Market intelligence suggests that Bureau de Change (BDC) operators in Nigeria could be heading for a showdown with the Central Bank of Nigeria (CBN) due to...
The Central Bank of Nigeria has taken a significant stride toward enhancing the Bureau De Change (BDC) segment of the foreign exchange market by introducing an...
Central Bank Faces Challenges as Naira Hits 876/$ in Parallel Market