BDC
CBN revokes licences of 4,173 BDC operators
The Central Bank of Nigeria (CB) has taken decisive action by revoking the operational licences of 4,173 Bureaux De Change (BDC) operators, citing...
CBN to sell dollar at N1,301 to authorized BDC
In its bid to increase liquidity, strengthen the naira, and curb distortion at the retail end of the FX market, the nation’s apex...
Ban of forex to BDC: Nigerians posing as travellers besiege banks in Lagos, Abuja for forex with fake documents, resell at black market
The Central Bank of Nigeria’s ban of sales of foreign exchange to Bureau de Change (BDCs) has forced many Nigerians to...
