The Central Bank of Nigeria (CBN) has announced that it would no longer sell dollars to Bureau De Change (BDC) operators as of today (Tuesday). Godwin...
The Chairman, Senate Committee on Army, Senator Ali Ndume, has frowned at reports of the secret trial of Bureau de Change (BDC) operators accused of funding...
The Central Bank of Nigeria (CBN) on Tuesday said $210 million had been freshly injected to boost the Nigerian foreign exchange market. The apex bank had...
Bureaux de Change (BDC) Operators in the country have called on President Muhammadu Buhari to ensure that the US dollar exchanges for N250 in his second...
NOT a few financial market experts are shocked by the banks’ suspension of Bureau de Change (BDC) operations over taxes on turnover volumes. But, many of...
Banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay taxes on their transactions turnover, The Nation learnt yesterday. The...
The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to approve the disbursements of Renminbi (Chinese Yuan)...
The Central Bank of Nigeria (CBN) on Monday reduced the rate at which Bureau De Change (BDC) operators in the country buy dollar from the bank...
The recent move of the Central Bank of Nigeria (CBN) to frequently pump in foreign exchange into the Nigerian market seems to be paying off even...
There are indications that the forex market liquidity change is far from being resolved as the Naira suffered a major blow Thursday with a bad outing...
The Central Bank of Nigeria (CBN) has thrown more light on why it suspended 19 banks from selling dollar realised from international money transfer services to Bureau De Change in Nigeria. Proceeds from cash transfer through licensed international agencies, like Western Union, Money Gram,...
A former Minister of State for Defence, Senator Musiliu Obanikoro, has accused the Economic and Financial Crimes Commission, EFCC, of plans to manufacture evidence against him....
The lower legislative house on Wednesday summoned the Central Bank governor, Godwin Emiefele to come and explain the new guidelines requiring customers to provide their bank...