CBN sells $20,000 to each BDC at ₦1,590/$
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the…
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CBN to sell $20,000 to each BDC operator at ₦1,450/$1
The Central Bank of Nigeria (CBN) has authorized the sale of foreign exchange (FX) to eligible Bureau de Change (BDC)…
Forex: Court dismisses charges against 19 BDC operators
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, dismissed the charges against 19 Bureau de Change (BDC)…
FULL LIST: 4,173 BDC Operators barred by CBN
The Central Bank of Nigeria (CBN) on Friday terminated the licenses of 4,173 Bureaux De Change Operators, accusing the affected…
Clampdown on BDC operators will worsen Forex situation – Peter Obi
The presidential candidate of the Labour Party in the 2023 polls, Peter Obi, has criticized the government agencies for their…
CBN set to increase BDC minimum share capital to N2 billion for Tier 1…
The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2 billion…
Naira falls to N522 hours after CBN bans forex sales to BDCs
Naira fell marginally against the U.S dollar at the parallel market on Wednesday, after the Central Bank of Nigeria (CBN)…
BREAKING: CBN bans sale of forex to BDCs
The Central Bank of Nigeria on Tuesday an end to sale of forex to the Bureau De Change (BDC) operators in its bid to tackle…
Naira depreciates to N460/$1 at Black Market, BDC
The value of the Nigerian Naira against the United States Dollar depreciated by N5 at the black market on Monday to N460/$1 from…