Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less than 100 operational BDCs,...
Justice Mohammed Nasir Yunusa of the Federal High Court in Kano has convicted and sentenced two illegal Bureau-de-Change operators identified as Munkaila Sani and...
Central Bank of Nigeria, CBN has excluded governments, commercial banks, merchant banks, Other Financial Institutions, OFIs , public officers among other parties from owning...
Nigerian naira slid further at the parallel market late Tuesday in spite of the Federal Government ordering raids on Bureau De Change (BDC) operators...
Mr. Osita Nwanisobi, Spokesman of the Central Bank of Nigeria (CBN), has faulted claims from certain quarters for the resignation of the CBN Governor...
Ecobank Nigeria has assured customers that the bank has put in place every arrangement for the implementation of the foreign exchange (fx) policy issued...