CBN inconsistent dollar supply hampering naira recovery – BDC operators
Currency traders have attributed the persistent weakening of the naira and the volatility of the foreign exchange market to the ...
Tag: Bureau De Change operators
CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam
The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change operators (BDCs), informing them of the ...
CBN sells dollars to BDCs below market rate at N1,101/$1
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs), informing them that it ...
Some Bureau De Change operators are facilitating money to terrorists – Presidency
The Presidency has alleged that some Bureau De Change operators were facilitating money to terrorists.
More pressure on the naira as Diaspora remittances to drop by 20%
A Pan-African credit rating agency has predicted that diaspora remittances for this year are going to witness a 20% decline ...
Exchange Rate: CBN suspends sale of FX to BDCs
The Central Bank of Nigeria, in a note issued to Bureau De Change operators (BDCs) in the country, suspended the ...
CBN goes hard on BDC operators, issues various fines
Over 100 Bureau De Change Operators were fined N5 million by the Central Bank of Nigeria for various infractions in ...
How to detect fake dollar bills – ABCON
Dr. Aminu Gwadabe, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), has raised alarm over the ...
