CBN to sanction banks, BDCs for rejecting old, lower dollar notes The Central Bank of Nigeria (CBN) has said it will sanction foreign exchange dealers that...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...
Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves...
Bureau De Change (BDC) business in Nigeria is not as profitable as many people often think it is, Alhaji Aminu Gwadabe, president of Association of Bureau...
Four days after the Central Bank of Nigeria (CBN) had resumed partial sales of dollar to Bureau De Change (BDC) operators in the country, the local...
However, the effect of the forex sale resumption was yet to be felt as naira exchanged to the dollar on the parallel market at N430 despite...
The Central Bank of Nigeria (CBN) has announced that from September 7, it will resume sales of foreign exchange (forex) to Bureau De Change operators in...
