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Bureau de Change

CBN orders BDCs to reapply for new licences 

THE Central Bank of Nigeria (CBN) has directed all existing Bureau de Change operators (BDCs) to reapply for new...

Bureau de Change operators urge next president to prioritise foreign exchange management, SMEs funding

BUREAU de change operators (BDCs) are calling on whoever emerges the next president of Nigeria in 2023 to prioritise...
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CBN bans forex sales to BDCs

THE Central Bank of Nigeria (CBN) has said it will not sell foreign exchange (FX) to Bureau De Change...

Naira gains 1.3 per cent after CBN unveils plans to sell forex to BDC operators

THE naira appreciated by 1.3 per cent against the US dollar on the Nigerian official market on Friday, after...
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Two suspected fraudsters arraigned by EFCC in Benin

IN different court proceedings, two suspected fraudsters, Omoparewa Femi and Bashir Munkaila, have been arraigned by the Economic and...

Court Orders Permanent Forfeiture Of Money Found In Lagos Mall

It is not clear what led to the increase of the said sum by N747,000 given that the EFCC had initially announced the discovery of N448,850,000 but was now asking for the forfeiture of N449,597,000.
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