Tag: BDC

Mystery Shopping: CBN Deploys Undercover Shoppers to Police Forex Dealers in AML/CFT Crackdown

To fortify Nigeria's financial system against illicit activities, the Central Bank of…

Genesis Obong

Forex Speculation: CBN Tightens Grip on Bureau de Change Operators

The Central Bank of Nigeria (CBN) has taken a significant step to…

Genesis Obong

CBN Extends FX Sales to BDCs Until May 30th to Ease Retail Demand

The Central Bank of Nigeria (CBN) has extended the lifeline for Bureau…

Genesis Obong

CBN Waives 2025 License Renewal Fee for Bureau De Change Operators

The Central Bank of Nigeria (CBN) has stated that the 2025 licence…

Genesis Obong

CAC Directs 4,173 BDC Operators to Restructure Operations Within Three Months

The Corporate Affairs Commission (CAC) has directed 4,173 Bureau de Change (BDC)…

Muhammad A. Aliyu

CBN Unveils Revised Guidelines for FX Sale by Bureau De Change Operators [Details]

In a bid to bolster the regulatory framework for Bureau De Change…

Muhammad A. Aliyu

Abuja Bureau De Change Operators Shut Down Amid Dollar Scarcity

The Abuja chapter of the Bureau De Change (BDC) operators has announced…

Muhammad A. Aliyu

CBN Introduces New Operational Mechanisms for Forex Sale by BDC Operators

The Central Bank of Nigeria (CBN) has unveiled fresh operational mechanisms governing…

Muhammad A. Aliyu