Bureau de Change

BREAKING: CBN bans street trading of forex

BREAKING: CBN bans street trading of forex

The Central Bank of Nigeria has banned the sales of forex on the streets across the country. The order for… Read More

1 year ago

CBN directs all BDCs to reapply for new licences, releases new guidelines for Bureaux De Change

The Central Bank of Nigeria has directed all Bureaux De Change operators in Nigeria to reapply for new licences as… Read More

1 year ago

“Our children would die of hunger” – Nigeria’s Forex Dealers Lament Dollar Scarcity

In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue… Read More

5 years ago

Despite Resumption of Forex Sales to Bureau de Change Operators, Naira Plunges

The Central Bank of Nigeria’s measures to address Nigeria’s naira continued plunge appears ineffective as the currency weakens further against… Read More

5 years ago