CBN Recapitalization: BDC operators eye acquisitions, takeovers to meet N2 billion requirement
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have ...
Tag: BDC operators
ABCON says June 3 recapitalization deadline for BDC operators remains unchanged
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say that ...
Naira appreciates to N1,597/$1 in official market ahead of crucial MPC meeting
The naira appreciated marginally to N1,597/$1 on Monday at the official foreign exchange market, according to data published by the ...
CBN Recapitalization: 95% of BDC operators risk shutdown by June 2025
There has been a lot of anxiety in the sector recently as the fate of most of the licensed Bureau ...
EFCC targets cross-border money laundering, warns BDC operators against illegal cash movements
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to Bureau De Change (BDC) operators and other ...
Naira struggles to regain confidence despite recent gains – BDC Operators
Bureau De Change (BDC) operators have revealed that despite the naira's gains at the foreign exchange market during the week, ...
Forex market volatility: Naira becoming the most unpredictable currency in the world – BDC operators
Bureau De Change (BDC) Operators, under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), have ...
BDC operators request exemption of excise taxes on forex transactions
The Association of Bureau De Change Operators (ABCON) has requested the exemption of excise taxes on foreign exchange transactions. Excise ...
Naira appreciation: There is a lot of forex inflow into the interbank window – BDC operators
The Bureau De Change (BDC) operators have attributed the recent strong performance of the naira to the implementation of the ...
Nigeria’s FX reserves fall by $1.16 billion in January as CBN boosts dollar sales to BDCs
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
