The naira to dollar exchange rate has plunged to approximately N1,745 per dollar on the parallel market, a significant drop from the sub-N1,600 levels seen at…
Browsing: BDC
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the country at an exchange…
The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to eligible Bureau de Change operators at an exchange rate of N1580. This announcement…
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at a rate of 1,450…
On Friday, the Central Bank of Nigeria (CBN) withdrew the licences of 4,173 Bureaux De Change Operators, accusing them of failing to comply with regulatory regulations.…
The Central Bank of Nigeria (CBN) is considering increasing the share capital of Bureau De Change (BDC) operators to N2 billion and N500 million for Tier…
Operatives of the Economic and Financial Crime Commission, EFCC, stormed and arrested over 50 illegal Bureau De Change operators in Wuse Zone 4 Abuja on Monday.…
The Bureau De Change (BDC) operators in Nigeria’s Federal Capital Territory (FCT) Abuja have announced a shutdown of operations due to the scarcity of US dollars.…
Customers not attended to by the banks are to notify the CBN through a toll free number: 0700 22 55 226 or email: cbd@cbn.gov.ng.