The Central Bank of Nigeria(CBN) on Thursday directed Bureau De Change (BDCs) operators to sell forex at a maximum profit margin of 1.5 per cent, aiming...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Bureau De Change (BDC) operations in the country should not be an all comers’...
Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de Change operator at Wuse Zone...
The Central Bank of Nigeria (CBN) has unveiled a series of operational changes for the Bureau De Change (BDC) segment. The announcement, made on August 17, 2023,...
At least eight Bureau de Change (BDC) operators have been arrested following the Economic and Financial Crimes Commission (EFCC) raid on Wapa forex market in Kano....
On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market. The President, Association of Bureaux...
A Federal High Court on Friday in Lagos ordered the final forfeiture of the N449.6 million found in an abandoned Bureau de Change at Victoria Island...
The Department of State Security in Kano has arrested over 40 people at the famous Wapa Bureau d’ Change in Fagge area of the city. A...
The Naira on Monday depreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports. The Nigerian currency lost N3 to exchange...
The Central Bank of Nigeria (CBN) says autonomous sources such as exporters and correspondent banks now control the price of dollars in banks and the Bureau...
The Nigerian naira on Thursday traded at 400 against the dollar, according to a section of Bureau De Change Operators compared to 385 traded Wednesday’s session;...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...
