CBN allows BDCs $25,000 weekly FX purchase for holidays
The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary access to purchase up to $25,000 weekly…
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BDCs
CAC to cancel certificates of BDCs with revoked licences
The Corporate Affairs Commission (CAC) announced its intention to revoke the certificates of incorporation for Bureaux De Change…
CBN distributes $10,000 each to more than 1,000 BDCs
The Central Bank of Nigeria (CBN) said it has sold a total of $10, 000 to 1, 588 Bureau De Change (BDC) operators to meet retail…
Mamu, Ghazali, 13 others, BDCs indicted for terrorism financing [FULL LIST]
On Monday, March 18, the Nigerian Sanctions Committee, acting on the Federal Government's direction, published the identities of…
FG names 15 terrorism financiers, BDCs, set to sanctions
The federal government claims to have identified 15 entities, including nine persons and six Bureau De Change operators and firms,…
Why 4,173 Bureau De Change operators’ licences were revoked – CBN
On Friday, the Central Bank of Nigeria cancelled the licences of 4,173 Bureau De Change operators for failing to comply with…
CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators…
BDCs beg CBN to reduce exchange rate from N360 to N350/$1
Some Bureau De Change (BDC) operators under the aegis of Association of Bureaux De Change Operators of Nigeria (ABCON) have…