Central Bank Sells Forex to BDC Operators at N1,450/$1
By Aduragbemi Omiyale In a bid to stabilize the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) has ...
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Tag: BDC Operators
CBN Snubs BDC Operators in Latest Forex Sales
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has excluded Bureaux De Change (BDC) operators in its latest foreign ...
CBN’s New Capital Base for BDC Operators Unreasonable—ABCON
By Aduragbemi Omiyale The Association of Bureaux De Change Operators of Nigeria (ABCON) has described the new regulatory guidelines of ...
CBN Revokes Licences of All BDC Operators, Introduces New Requirements
By Aduragbemi Omiyale The operational licences of all the Bureaux De Change (BDC) operators in the country have been revoked ...
CBN Sells Dollar to BDC Operators at N1,021 to Ease Fresh Concerns
By Aduragbemi Omiyale In a bid to address fresh concerns from the recent decline in the value of the Naira ...
CBN Sells Dollar to BDCs at N1,101/$1 to Cheapen Exchange Rate
By Adedapo Adesanya As part of its efforts to continue to ease the exchange rate in the country and strengthen ...
BDC Operators Lament Difficulties in Getting FX Allocations from CBN
By Aduragbemi Omiyale The Association of Bureaux De Change Operators of Nigeria (ABCON) has expressed frustration at the bottlenecks it ...
ABCON Takes Glory for Naira Appreciation at FX Market
By Adedapo Adesanya The Association of Bureaux de Change Operators of Nigeria (ABCON) has said the decision of the Central ...
Naira Trades N1,280/$1 at Parallel Market After N10 Gain
By Dipo Olowookere The Nigerian Naira appreciated against the United States Dollar in the parallel market segment of the foreign ...
CBN Revokes Operational Licences of 4,173 BDC Operators [FULL LIST]
By Aduragbemi Omiyale The operational licences of 4,173 Bureaux De Change (BDC) operators have been revoked by the Central Bank ...
