Economy CBN Trades Dollar at N361 as BDC Operators Sells at N414 April 9, 2020 Adedapo Adesanya By Adedapo Adesanya There was stability at the foreign exchange market in Nigeria on Wednesday as the exchange rate of the Naira to the Read More
Economy BDC Operators Trade Naira at N358 Per Dollar Monday February 18, 2020 Adedapo Adesanya By Adedapo Adesanya The value of the local currency to its American counterpart hovered around N358/$1 at the various locations of the Bureaux De Read More
Economy CBN’s Forex Supply to BDCs Damaging Economy—Analysts September 23, 2019 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN), as part of its commitment to keep the exchange rate of the Naira and Dollar Read More
Economy BDC Operators Demand Reduction in Associated Regulatory Fees May 12, 2019 Dipo Olowookere By Dipo Olowookere President Muhammadu Buhari has been commended for retaining Mr Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for Read More
Economy BDC Operators Kick Against Freezing of Accounts by Banks Over Tax August 26, 2018 Dipo Olowookere By Dipo Olowookere The Nation is reporting that banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay Read More
Economy BDC Operators Beg CBN for CoT, VAT-free Transactions May 7, 2018 Dipo Olowookere By Dipo Olowookere President of the Association of Bureau De Change Operators of Nigeria (ABCON), Mr Aminu Gwadabe, has appealed to Central Bank of Read More
Economy BDC Operators Meet Wednesday on Forex Rate Convergence January 9, 2018 Modupe Gbadeyanka By Modupe Gbadeyanka More than 3,500 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDC) operators under the aegis of Bureaux De Change Operators Read More
Economy CBN Releases List of Authorised BDC Operators as at Sept 22, 2017 September 26, 2017 Dipo Olowookere By Dipo Olowookere The Central Bank of Nigeria (CBN), as part of efforts to ensure sanity in the financial industry in the country, has Read More
Economy CBN Raises Forex Supply for BDCs to $10,000 March 31, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has increased the amount of foreign exchange sold to Bureaux de Change (BDC) operators to Read More
Economy CBN Unveils List of Registered BDC Operators January 12, 2017 Modupe Gbadeyanka By Modupe Gbadeyanka In a bid to safeguard interest of the people and ensure those transacting in foreign exchange do so through the right Read More