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...
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
The cost of obtaining a Bureau De Change (BDC) license dropped to N15 million following news of the country's transition towards a single exchange rate
The Economic and Financial Crimes Commission (EFCC)
Tunde Lemo has said arresting Bureau De Change Operators (BDcs) suspected to be hoarding U.S. dollars will only worsen the nation's economic position.
The Dollar to Naira today Friday, March 25, 2022, stands at N416.30/$1 according to exchange rates from the Central Bank of Nigeria. This figure shows that the...
The recent announcement by the Central Bank of Nigeria (CBN) suspending dollar sales to Bureau de Change Operators would not stop the forex retailers from conducting...
The fast-growing acceptance of cryptocurrencies as a means of payments, money transfers and investment vehicles in Nigeria and other emerging economies has started having a direct...
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms...