Tag: Bureau De Change

UPDATE : Central Bank announced new requirements for Bureau de Change operators.

The Central Bank of Nigeria (CBN) has announced new requirements for Bureau de Change (BDC) operators. These changes, it said, aim to improve the way BDCs operate in Nigeria’s foreign…

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Excitement As CBN Begins Sales Of Dollars To BDCs

The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. This is coming more than…

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Bureau de Change Operators Knocked for Dollar Scarcity, Naira Depreciation

Bureau De Change operators have said hoarding of the dollar is the major factor fuelling naira depreciation.   While raising an alarm due to the depreciation in the value of the…

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