Governor Emefiele And His Parallel Foreign Exchange Universe
At today’s Monetary Policy Committee (MPC) meeting of the Central Bank of…
EFCC Arraigns Two BDC Operators for Laundering $1.6m Smuggling Proceeds
The Economic and Financial Crimes Commission (EFCC), has attained Two Bureau De…
Naira Falls To N445 Per U.S Dollar In the Parallel Market Amid Forex Scarcity
The Nigerian Naira exchanged at N445 per U.S Dollar at the parallel…
Naira Falls To N410 Per US Dollar on Parallel Market
Nigeria's local currency, the Naira, depreciated to N410 to the US dollar…
Naira Hits New Low at N395 per US Dollar on Black Market
The Nigerian Naira fell to a new low on the black market…
Forex market: CBN widens margin for BDCs by N3
The Central Bank of Nigeria (CBN) has approved an upward review of…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all…
BDCs task CBN on rate harmonisation as unemployment looms at BDC subsector
Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria…
EFCC Arraigns Goodluck Jonathan’s Campaign Finance Chief And Associates Over N69Bn Fraud
Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck Jonathan…
Maid Steals Boss’ $10,000, Converts At N86/Dollar
Men of the Nigerian Police have arrested one Blessing Paul who worked…
CBN raises Forex supply to BDCs by 20%
The Central Bank of Nigeria (NAN) on Thursday said it would start…
CBN reviews BDC rates down to N360/$
The Central Bank of Nigeria (CBN) has reviewed down the rate at…
CBN sells $25m to 3,124 BDC operators
Travelex with the approval of the CBN on Thursday sold a total…
See List of Bureau de Change Seun Egbegbe Allegedly Duped Millions
A filmmaker, Seun Egbegbe, is to remain in prison till Tuesday when…
Seun Egbegbe Tried To Dupe BDC Operator Of N30million
Following the earlier news reported regarding the arrest of Nollywood actress, Toyin…
Traders Commend CBN As Naira Appreciates To N280 To A Dollar
As the Nigerian naira appreciates to N280 to a dollar on the…
FirstBank Now the Sole FX Dealer to BDCs
The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorized…
Naira Appreciates Against Dollar
The Naira on Tuesday appreciated against the dollar at the parallel market,…
Lagos Big Boy Flaunts N3million First Class Airline Seat
Lagos Big Boy, Ismaila who some months ago flaunted huge wads of…
Selling Dollar Above N356 Is Illegal – ABCON President
Alhaji Aminu Gwadabe, President, Association of Bureau de Change Operators of Nigeria…
Naira Slips Further Against Dollar
The naira has taken a huge blow and has thus slipped further…
Naira Rises Against Dollar
The Naira on Friday appreciated against the dollar at the interbank market,…
We’re Forced to Buy Dollar From Govt. Officials and Politicians- BDC Operators
Bureau de Change (BDC) operators have accused some highly placed government officials,…
Banks’ sanction deals heavy blow on Naira, dips further against dollar
The Naira on Wednesday dipped further against the dollar at the parallel…
Increase in dollar supply to BDCs ensures market liquidity – Association
Mr Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria,…
CBN increases BDC weekly supply to $50,000
The Central Bank of Nigeria (CBN) has increased the weekly supply of…
Naira may appreciate to N300 per dollar – BDC operator
A Bureau De Change (BDC) operator, Mr Harrison Owoh, on Monday predicted…
CBN Orders New Directive On Forex Sale To BDCs
The Central Bank of Nigeria, CBN, has yesterday set a new limit…
BDCs not to sell forex above 2% margin of buying rate – CBN
The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change…
CBN Resumes Dollar Sales To BDCs
The Central Bank of Nigeria (CBN) has resumed the sale of the…