Tag: BDCs, EFC
Maiduguri:Five Suspected Illegal Bureau de Change Operators in EFCC
Caption:Five suspected illegal BDC Operators Operatives of the Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, May 28,...
Reapply for new license, CBN orders existing BDCs
Caption: Yemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN) has issued regulatory guidelines for bureau de change operations after consultation with...
CBN sells dollars to BDCs at N1,251/$1
Caption: Dollars The Central Bank of Nigeria,CBN, disclosed on Monday that it sold $10,000 to each Bureau de Change operator at a rate of N1,251 per U.S. dollar. The...
CBN wields big stick, revokes operational licenses of 4,173 BDCs
Barely few hours after slamming a $10 billion fine on Binance operators,the country’s apex bank ,the Central Bank of Nigeria (CBN) has revoked the...
