Court Jails Two BDC Operators Five Years Over Unlicensed Forex Business
A Federal High Court in Abuja on Monday, 7 September 2026, sentenced two Bureau De Change (BDC) operators to five ...
Tag: Bureau De Change
SEC Orders Freeze on Assets Linked to Six Terrorism Financiers
The Securities and Exchange Commission (SEC) has ordered operators in Nigeria’s capital market to immediately freeze the funds, assets and ...
CBN Introduces New Rules and Digital Portal for Bureau De Change Forex Purchases
The Central Bank of Nigeria (CBN) has introduced a new set of guidelines to regulate how Bureau De Change (BDC) ...
CBN Launches New Forex Rules for BDC Operators to Improve Transparency
The Central Bank of Nigeria (CBN) has introduced a new set of rules to regulate how Bureau De Change (BDC) ...
Naira Holds at N1,382/$ as Nigeria’s External Reserves Surpass $51 Billion
The Nigerian naira traded largely unchanged at N1,382.33 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, ...
CBN Tightens Travel-Dollar Rules as Naira Slips Further Against Dollar
The Central Bank of Nigeria (CBN) has announced new rules governing how travellers can access foreign exchange, as the Nigerian ...
