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The Association of Bureau De Change Operators of Nigeria (ABCON) has disclosed that Bureau De Change (BDC) operators are now buying dollars at a ‘cheaper’ rate...
According to the Association of the Bureau De Change Operators of Nigeria (ABCON), the Nigerian currency, Naira, has appreciated faster than anticipated against the United States...
The US dollar has again experienced a significant decrease in value against the Nigerian Naira, with a depreciation of N60. The latest exchange rate figures follow...
Nigerians have continued to celebrate as the naira appreciated to ₦1,200/dollar at the parallel section of the foreign exchange market on Tuesday. Naija News gathered that...
There were a series of lamentations yesterday by currency traders over the increasing losses and decreasing demand for the dollar as the naira continued to strengthen...
The Central Bank of Nigeria (CBN) has confirmed to the Bureau De Change operators (BDCs) that it sold $10,000 to each BDC at an exchange rate...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators. Naija News reported that the CBN made this known...
Bureau De Change (BDC) operators are essential stakeholders in the foreign exchange market in Nigeria as the average Nigerian sources their forex needs from the black...
The Central Bank of Nigeria (CBN) has placed limits on foreign exchange (FX) sales by Bureau De Change (BDC) operators. The apex made this known in...
The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has outrightly condemned the raid on Bureau De Change (BDC) operators across major cities in...
Despite the federal government’s crackdown on foreign exchange market speculators, Nigeria’s currency, the Naira, continued to decline against US Dollar at the parallel market on Tuesday....
As efforts to save the country’s plummeting currency continues, the Economic and Financial Crimes Commission (EFCC)raided some Bureau de Change businesses in Wuse Zone 4, Abuja...
The Association of Bureau De Change (BDC) Operators has reportedly decided that members will not open the market for transactions today, 1st February 2024. Naija News...
The Association of Bureau De Change Operators of Nigeria (ABCON) has rejected the purported review carried out by the Central Bank of Nigeria (CBN) on the...
Bureau de Change (BDC) operators in Lagos, Abuja and Kano have been experiencing mixed fortunes owing to the recent forex unification policy of the Central Bank...
More details have emerged following the raid on Bureau de Change (BDC) Operators in Abuja, Lagos and Kano State by operatives of the Economic and Financial...
The Economic and Financial Crimes Commission (EFCC) has confirmed the simultaneous sting operations against Bureau de Change (BDC) operators in Abuja and Kano State. Naija News...
The Economic and Financial Crimes Commission (EFCC), on Tuesday, carried out simultaneous sting operations against Bureau de Change (BDC) operators in Abuja and Kano State. Naija...
There is a barrage of outrage currently on social media platforms after reports confirmed that the Nigerian current, the Naira has crashed further in the parallel...
Family members of the 45 Bureau De Change (BDC) operators arrested in Kano State have demanded the immediate release of their relatives from detention. Naija News...