BDCs
CBN Grants BDCs Temporary Access to NAFEM, Sets $25,000 Weekly Cap
The Central Bank of Nigeria (CBN) has announced that eligible Bureau de Change (BDC) operators will be granted temporary access to the Nigerian...
CBN Approves Forex Sale to BDCs at ₦1,590 per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau De Change (BDC) operators at a...
CBN Announces $20,000 Sale to BDCs at N1,580/$
The Central Bank of Nigeria (CBN) has announced plans to inject more dollars into the market through Bureau De Change (BDC) operators in...
CBN Approves FX Sales to BDCs at N1,450 Per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at a...
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) operators to restructure their operations within three months. This directive, issued...
CBN Sells Dollars to BDCs at N1,101/$1, Limits Spread to 1.5%
The Central Bank of Nigeria (CBN) has announced the sale of dollars to Bureau De Change (BDC) operators, as revealed in a circular...
CBN Provides BDCs with $10,000 at N1,251 per Dollar
The Central Bank of Nigeria (CBN) has issued a circular informing Bureau De Change (BDC) operators of its decision to provide them with...
CBN discontinues sale of forex to Bureau de Change operators
The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of the sale of Foreign Exchange (forex) to Bureau de Change (BDC)...
CBN Approves Wider Trading Margin For BDCs
The Central Bank of Nigeria (CBN) has given approval for an increase in the review of trading margin to operators of Bureau De...