All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new ...

The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...

The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...

Prevailing market environment is not accommodative for BDCs. Check out one BDC that is likely to cut its dividend and one ...

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.

The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or ...

CBN extended its clearance for BDCs to purchase FX from authorized dealers in order to meet the demand of the retail sector ...

The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...

The Central Bank of Nigeria (CBN) has issued new directives for Bureau de Change (BDC) operators, mandating that records be ...

Under the revised guidelines, each BDC is permitted to source foreign exchange from only one authorised dealer per week ...

BDC operators have commenced discussions on mergers and acquisition (M&A) in order to meet the recapitalisation deadline set ...