Economic analysts and Bureau De Change (BDC) operators say the naira could record stronger gains and improved stability in ...

He said that ABCON had since its inauguration, redefined Nigeria’s BDC sector with technology, capacity building for operators and support for exchange rate stability. BDC operators' president warns ...

The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country. The bank said the step was part of efforts to enhance ...

EFCC discovered the money during a probe that primarily targeted top NNPC officials but expanded to reveal an FIRS official's huge transfers to a BDC.

In this article, Legit.ng highlights some of the key CBN policies and regulations that have impacted the operations of Bureau ...

The Association of Bureaux De Change Operators of Nigeria has revealed plans for a unified retail end of the foreign currency market. A statement from the association on Friday disclosed that the move ...

Peter Obi, 2023 presidential candidate of the Labour Party, has opined that the reported clampdown on Bureau De Change (BDC) operators by government agencies is “wrongly directed.” Recall that the ...

Currency exchange platforms including the licensed and unlicensed agents have literally been fighting the battle of their lives since the forex crisis took a turn for the worse with many of them now ...

in what was described as efforts by the anti graft agency to arrest both sellers and buyers of forex. The raid followed the resumption of trading by BDC operators after an earlier purported ...

Local reports state that Bureau De Change operators announced the shutdown of operations in Abuja due to the unavailability of U.S. dollars. The Nigerian cryptocurrency peer-to-peer (P2P) market is ...

Bureau De Change (BDC) operator in Abuja, Jamilu Abdullahi, has testified in the ongoing trial of Ali Bello, a nephew of Yahaya Bello, former Governor of Kogi State. Abdullahi appeared before Justice ...