BDC operators fret over recapitalisation deadline ending today The Central Bank of Nigeria’s (CBN) recapitalisation deadline for Bureau De Change (BDC) operators officially expired on Tuesday, June...
CBN issues new forex guidelines on BDC transactions The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow licensed Bureaux de Change (BDCs) to...
Forex: CBN sells $20,000 to each BDC at N1,580/$ The Central Bank of Nigeria (CBN) has announced plans to inject more liquidity into the foreign exchange market...
CBN to sell $20,000 to each BDC at N1,450/$ The Central Bank of Nigeria (CBN) says it will offer foreign exchange (FX) to eligible Bureau de...
EFCC arrests 200 BDC operators for alleged forex fraud The Economic and Financial Crimes Commission has arrested over 200 suspects in connection with foreign exchange scams and...
EFCC again raids Abuja BDC operators amid naira decline The Economic and Financial Crimes Commission (EFCC) resumed raids on Bureau de Change (BDC) operators in Abuja on...
BDC operator on the run after allegedly stealing $737,000 Detectives from both Lagos and Kano states have launched a manhunt for a 36-year-old Bureau De Change...
CBN introduces stricter measures for BDCs, imposes N2bn licence fee Amidst the ongoing forex crisis in Nigeria, the Central Bank of Nigeria (CBN) has implemented stringent...
Naira freefall: EFCC raids BDC operators in Abuja, arrests 50 The officers of the Economic and Financial Crime Commission, EFCC, raided and arrested over 50 illegal...
Dollar scarcity: BDC operators shut down operation in Abuja Bureau De Change (BDC) operators have announced shut down of operation in Abuja as a result of...