Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th October 2024
As of today, 18th October 2024, the exchange rate for the U.S. dollar to the Nigerian naira in the black ...
Sunday, November 17, 2024
Tag: BDC
CBN Approves $20,000 Allocation to Eligible BDCs at ₦1,580 Exchange Rate
The Central Bank of Nigeria (CBN) has approved the allocation of $20,000 to eligible Bureau de Change (BDC) operators at ...
935 BDC Operators Receive Forex from CBN in North West
The Central Bank of Nigeria (CBN) has reported that 935 eligible Bureau De Change (BDC) operators in the North West ...
CBN denies selling FX to BDCs at N1,001/$1
The Central Bank of Nigeria (CBN) has denied claims that it is selling foreign exchange (FX) to bureau de change ...
BDCs Advocate for Rate Adjustment Amidst Official Rate Decline
The Association of Bureaux De Change Operators of Nigeria (ABCON), representing all Central Bank of Nigeria (CBN)-licensed Bureaux De Change ...
CBN Authorizes Forex Sales to BDCs at N1,101 per Dollar
The Central Bank of Nigeria (CBN) has given the green light for the daily sale of $10,000 to approximately 1,588 ...
CBN Intervenes in FX Market, Allocates $20,000 to Each BDC to Stabilize Naira
The Central Bank of Nigeria (CBN) has taken a decisive step to address the persistent distortions in Nigeria’s foreign exchange ...
CBN Plans to Restrict BDC Street Trading, Caps Cash Forex Purchase at $500
The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street ...
CBN Considers Raising BDC Minimum Share Capital to N2 Billion for Tier 1 License
The Central Bank of Nigeria (CBN) is contemplating a substantial increase in the minimum share capital requirement for Bureau De ...
BDCs Seek CBN Approval for Online Dollar Transactions and Diaspora Remittances Amid Forex Crisis
The Association of Bureau De Change Operators of Nigeria (ABCON) has made an emotional plea to the Central Bank of ...
