Major Purge in FX Market as 1,435 BDCs Lose Licences Under Fresh Recapitalisation Rules
A total of 1,435 Bureau De Change operators have lost their operating licences after failing to meet the new capital ...
Tag: BDC
CBN begins ‘mystery shopping’ to monitor BDCs’ compliance with anti-money laundering rules
CBN begins ‘mystery shopping’ to monitor BDCs’ compliance with anti-money laundering rules The Central Bank of Nigeria (CBN) says ...
CBN sells dollars to BDCs at N1,590/$
The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau de change (BDC) ...
CBN approves sale of FX to BDCs at N1,450/$
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible bureau de change (BDC) ...
Gap between parallel, official FX rates drops to N22 as naira extends gains
The naira, on Wednesday, appreciated to N1,050 at the parallel section of the foreign exchange (FX) market. The current FX ...
BDC Gets 10k Dollars From CBN, To Sell At N1,269/$
BDC Gets 10k Dollars From CBN, To Sell At N1,269/$ The Central Bank of Nigeria (CBN) has sold dollars ...
Forex crisis: Police withdraw criminal charge against 19 BDC operators
Forex crisis: Police withdraw criminal charge against 19 BDC operators A federal high court in Lagos has struck out ...
Naira Gains Massive Strength, Exchanges For N900
Naira Gains Massive Strength, Exchanges For N900 The value of dollar to naira fell sharply, on Friday, with the ...
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