CBN Reopens Official FX Window to Licensed BDCs with $150,000 Weekly Purchase Cap
The Central Bank of Nigeria (CBN) has granted licensed Bureau De Change (BDC) operators renewed access to the Nigerian Foreign ...
Tag: BDC
BDC Operators Urge CBN to Unlock Official Forex Access Ahead of Festive Season Surge
The Association of Bureau De Change Operators of Nigeria (ABCON) has renewed its appeal to the Central Bank of Nigeria ...
BDC Operators Explore Mergers and Acquisitions to Meet CBN’s N2 Billion Capital Requirement
Bureau De Change (BDC) operators in Nigeria, represented by the Association of Bureau De Change Operators of Nigeria (ABCON), are ...
Nigeria’s Forex Crisis: BDC Operators Warn 91% of Dollar Liquidity Remains Untracked
Bureau De Change (BDC) operators in Nigeria revealed that over 91% of foreign exchange (FX) liquidity operates outside the formal ...
Naira Appreciation: Increased Forex Inflows Boost Interbank Market, Say BDC Operators
The recent strengthening of the Nigerian naira has been attributed to a surge in foreign exchange (forex) inflows into the ...
BDC Operators Predict Stronger Naira in 2025 Amid Forex Reforms
Bureau de Change (BDC) operators in Nigeria are optimistic about the Naira’s performance in 2025, citing ongoing foreign exchange (forex) ...
BDC Operators Struggle to Meet N2 Billion Recapitalisation Target Despite Extension
Many Bureau De Change (BDC) operators are finding it challenging to meet the Central Bank of Nigeria's (CBN) new N2 ...
BDCs Blame IMTOs for Dollar Scarcity, Urge CBN Intervention
The Bureau De Change (BDC) operators in Nigeria have attributed the recent depreciation of the Naira in the parallel market ...
CBN Orders BDCs to Sell Dollar at N1,269/$ as Naira Maintains Steady Appreciation
The Central Bank of Nigeria (CBN) has instructed Bureau de Change (BDC) operators to sell the dollar at a rate ...
BDC Should Not to Be An All Comers affairs-CBN
In a pivotal Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor Cardoso delivered a resolute message ...
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