CBN’s Forex Supply to BDCs Damaging Economy—Analysts
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN), as part of its commitment to keep the exchange rate of the Naira and Dollar
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CBN Orders BDCs to Henceforth Access Forex Three Times Weekly
By Dipo Olowookere Dealers in the Bureaux De Change (BDC) segment of the foreign exchange market have been directed by the Central Bank of
CBN Disburses $7.14b to BDCs, Interbank
By Dipo Olowookere A total of $7.136 billion has been released by the Central Bank of Nigeria (CBN) to the Bureaux De Change (BDC)
IMTOs Sold $25.09m to 3,137 BDCs Last Week
By Modupe Gbadeyanka Last week, International Money Transfer Operators (IMTOs) supplied $25.09 million to about 3,137 licensed Bureau De Change (BDC) operators in the
CBN Raises Forex Supply for BDCs to $10,000
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has increased the amount of foreign exchange sold to Bureaux de Change (BDC) operators to
Uncertainty as BDCs Vow to Boycott $25m CBN Auction
By Dipo Olowookere There seems to be uncertainty in the air as the Bureaux de Change (BDC) operators in the country have promised not
Naira Sinks As CBN Slashes Dollar Supply to BDCs
By Modupe Gbadeyanka Fresh pressure has been mounted on the Naira following the decision of Central Bank of Nigeria (CBN) to cut down Dollar
DSS Raids BDCs In Kano, Arrest 40
By Modupe Gbadeyanka Operatives of the Department of State Service (DSS) on Friday continued its raid on operators of Bureau De Change (BDCs) in
CBN Raises BDC Exchange Rate To N385/$
By Modupe Gbadeyanka Exchange rate for Bureau De Change (BDC) operators in the country has been raised by the Central Bank of Nigeria (CBN)
First Bank Pledges More World Class Services To Customers
By Modupe Gbadeyanka First Bank of Nigeria has promised to continue to provide world class services and expertise to support its customers. The bank
