Bureau de Change (BDC)

Naira plummets to N1,780 per dollar, reversing recent gains

The Nigerian Naira experienced a sharp value decline on Wednesday, falling from N1,600 to N1,780 per dollar in the black market. This reversal...

CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam

The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change (BDC) operators, informing them that direct sales of US...

Breaking: CBN sells $10,000 to BDCs at N1,101/$

The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators. In a statement signed by...

Don’t sell dollar above N1,269, CBN orders Bureau de Change

As part of measures to strengthen the naira against the dollar, the Central Bank of Nigeria (CBN) says it is allocating $10,000 at...