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The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators until May 30.This aims to better...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) has approved sale of foreign exchange worth $20,000 to eligible Bureau De Change operators in the country....
By Tony Obiechina, Abuja Following the on-going reforms in the foreign exchange market, with the objective of achieving an appropriate market determined exchange rate for the...
The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureaux De Change (BDCs) for failure to observe some regulatory provisions. According...
The Central Bank of Nigeria (CBN) has issued a draft of revised Regulatory and Supervisory Guidelines for all Bureau de Change (BDC) Operators and stakeholders in...
By Joseph Amah, Abuja Agusto & Co, a credit rating agency, says the Central Bank of Nigeria (CBN) should resume dollar sales to Bureau De Change...
The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDCs) has...
FCT Administration on Tuesday in Abuja raided and confiscated vehicles belonging to some Bureau De Change (BDC) operators for allegedly turning a green area into a...
By Tony Obiechina, Abuja Capital Market Expert, Professor Uche Uwaleke has commended the decision of the Central Bank of Nigeria (CBN) to stop the direct sales...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) said on Tuesday that it will no longer sell foreign exchange to Bureau de Change (BDC)...
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