Bureau De Change

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it has resumed the suspended weekly foreign exchange sales to Bureau De Change (BDC) operators. In a statement released Tuesday and signed by its Acting Director...

February 25, (THEWILL) - The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2 billion and N500 million for Tier 1 and Tier 2 licenses respectively. It...

November 10, (THEWILL) - Managing Director, CEO of 313 Bureau de Change, Alhaji Murtala Bashir, has called for collective efforts to ensure naira stability at the Forex Market in Nigeria. Bashir in a statement on Friday in Abuja said, the...

August 30, (THEWILL) - The Securities and Exchange Commission (SEC), has sealed the premises of Stockmatch Investments Ltd, in Maiduguri, Borno State, for allegedly engaging in illegal investment activities. A statement by the Commission, said offices of the company in...

August 20, (THEWILL) - In order to stem the slide in naira arising from dollar scarcity, the Central Bank of Nigeria (CBN) has announced additional guidelines for Bureau De Change (BDC) operators in an overall bid to improve efficiency...

BEVERLY HILLS, January 17, (THEWILL) - The exchange rate platform recently introduced by the Association of Bureau De Change Operators of Nigeria (ABCON) aims to counter the negative impact of speculative rates published by popular online platform, Aboki Forex (Aboki.fx),...