BDC
CBN Revokes 2,698 BDC Licenses
The Central Bank of Nigeria (CBN) has revoked the licenses of 2,698 Bureau de Change (BDC) dealers following the continuous fall of naira....
Tapre Timine
CBN Directs BDCs to Sell Dollar at N1,269
The Central Bank of Nigeria (CBN) has issued a directive to Bureau de Change (BDC) operators to sell the US dollar at a...
Tapre Timine
CBN Revokes 4,173 BDC Operational Licences
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) Operators due to their non-compliance with regulatory...
Tapre Timine
CBN Injects $20,000 Into Forex Market To Boost Liquidity
The Central Bank of Nigeria (CBN) has released $20,000 to each Bureau De Change (BDC) operator to provide more liquidity in the...
Olaitan Sodiq
CBN Stops Use of Foreign Currency As Collateral For Naira Loans
The Central Bank of Nigeria (CBN) has decided to stop people from using foreign currency as collateral for naira loans. CBN’s Acting Director...
Tapre Timine
Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645
The dollar to naira exchange rate at the black market, also known as the parallel market, has hit N1645 as of...
Olaitan Sodiq
