Tag: BDC
CBN instructs BDCs to offer dollars for sale at N1,269
The Central Bank of Nigeria has announced its plan to allocate $10,000 to each Bureau de Change operator at the rate of N1,251 per...
CBN Tightens Regulations, Revokes Licences of 4,173 Non-Complaint BDC Operators
The Central Bank of Nigeria (CBN) has taken away the permits of 4,173 currency exchange businesses, known as Bureau De Change Operators.
The apex bank...
VIDEO: EFCC raids BDC Market in Abuja
Thre was a heated clash between the Economic and Financial Crimes Commission (EFCC) personnel and Bureau De Change (BDC) operators in Wuse Zone 4,...
CBN new rates: Naira crashes to N500/$1
CBN new rates: Naira crashes to N500/$1
NEWS DIGEST - Naira on Monday crashed to N500 to the dollar after the Central Bank of Nigeria...