BDC

Mystery Shopping: CBN Deploys Undercover Shoppers to Police Forex Dealers in AML/CFT Crackdown

To fortify Nigeria's financial system against illicit activities, the Central Bank of…

Forex Speculation: CBN Tightens Grip on Bureau de Change Operators

The Central Bank of Nigeria (CBN) has taken a significant step to…

CBN Extends FX Sales to BDCs Until May 30th to Ease Retail Demand

The Central Bank of Nigeria (CBN) has extended the lifeline for Bureau…

CBN Waives 2025 License Renewal Fee for Bureau De Change Operators

The Central Bank of Nigeria (CBN) has stated that the 2025 licence…

CAC Directs 4,173 BDC Operators to Restructure Operations Within Three Months

The Corporate Affairs Commission (CAC) has directed 4,173 Bureau de Change (BDC)…

CBN Unveils Revised Guidelines for FX Sale by Bureau De Change Operators [Details]

In a bid to bolster the regulatory framework for Bureau De Change…

Abuja Bureau De Change Operators Shut Down Amid Dollar Scarcity

The Abuja chapter of the Bureau De Change (BDC) operators has announced…

CBN Introduces New Operational Mechanisms for Forex Sale by BDC Operators

The Central Bank of Nigeria (CBN) has unveiled fresh operational mechanisms governing…

Court Orders Forfeiture of N449m Found in BDC Shop to FG

The Federal High Court in Lagos on Wednesday ordered the temporary forfeiture…

CBN Reduces BDC Forex Rate to N362 Per Dollar

The Central Bank of Nigeria (CBN) Tuesday reduced the exchange rate at…