18 Aug 2022
The Economic and Financial Crimes Commission (EFCC), yesterday, said its recent raid on the Bureau De Change (BDC) hub in the Federal Capital Territory (FCT) was largely behind the naira’s significant appreciation...
30 Jun 2022
Justice Yellim Bogoro of a Federal High Court, Lagos, yesterday, ordered the remand of a Bureau De Change (BDC) operator, Mr. Ibrahim Butali Abdulmumin, in the custody of the Nigerian Correctional Services
12 Mar 2022
Human and Environmental Development Agenda (HEDA) has called on the Central Bank of Nigeria (CBN) to sanction Deposit Money Banks (DMBs) and to Bureau de Change (BDC)
3 Jan 2022
Rising from the ashes of COVID-19 last year, the economy started on a bumpy ride. There was so much uncertainty about the unending pandemic and whether the fragile global recovery would be sustained.
13 Sep 2021
The Middle Belt Forum (MBF) has challenged the Federal Government to yield to public demand of unveiling the sponsors of Boko Haram, especially the 400 Bureau de Change (BDC) operators...
3 Aug 2021
Citing the abuse of the foreign exchange market by Bureau De Change (BDC) operators, local manufacturers have expressed optimism that the decision by the Central Bank of Nigeria (CBN)
2 Aug 2021
The dollar pulled back at the parallel market at the weekend on the strength of rising market optimism and ease of panic over the stoppage of foreign exchange sale to the bureau de change (BDC) operators.
29 Jul 2021
Twenty four hours after the Central Bank of Nigeria (CBN) came down hard on Bureau De Change (BDC) operators for allegedly facilitating money laundering and other forex infractions...
28 Jul 2021
The Central Bank of Nigeria (CBN), in a rare courage, yesterday, ended foreign exchange (FX) supply to bureau de change (BDC) operators and registration of new players with immediate effect.
8 Jun 2021
Bureaux De Change (BDC) Directors have reiterated commitment to stable exchange rate and sound corporate governance practices. This was part of resolutions made at the end of an exclusive meeting of BDC Directors...
14 Apr 2021
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to make Bureaux De Change (BDC) operators payout agents for the Diaspora remittances.
15 Mar 2021
The Central Bank of Nigeria (CBN)-licensed Bureau De Change (BDC) operators have declared operational war against foreign exchange speculators and black market dealers whose activities they accused of distorting the foreign exchange (FX) market....