CBN Proposes $10,000/year Limit on Foreign School Fees via BDCs
The Central Bank of Nigeria (CBN) is set to implement stringent measures concerning the purchase of foreign currencies through Bureau ...
Tag: BDC
BDCs Set Terms for Compliance with CBN Directive
The Association of Bureau De Change of Nigeria (ABCON) has responded to the recent directive issued by the Central Bank ...
CBN Accuses BDCs of Engaging in Round-Tripping Activities
The Central Bank of Nigeria (CBN) is taking steps to modernize Bureau de Change (BDC) operations and enhance transparency while ...
CBN Introduces BDC Reforms to Boost Efficiency in Foreign Exchange Market
In a strategic move to enhance the efficiency of Nigeria's Foreign Exchange Market, the Central Bank of Nigeria (CBN) has ...
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