BDC

CBN Extends Recapitalization Deadline for BDC Operators by Six Months

Ajibola2 weeks ago1 week ago02 mins

Ajibola Olarinoye The Central Bank of Nigeria (CBN) has announced a six-month extension for the recapitalization of Bureau De Change (BDC) operators, pushing the new deadline to December 31, 2025. This decision comes as the naira appreciates against the dollar in the foreign exchange markets, as reported by BDC operators in their group chat. However,…

CBN Outlines Conditions for FX Sales to BDC Operators

Ajibola5 months ago02 mins

The Central Bank of Nigeria (CBN) has released new guidelines regarding the sale of foreign exchange (FX) to Bureaux De Change (BDC) operators. These details were provided in a statement from the CBN’s Trade and Exchange Department on Wednesday. This move follows the CBN’s previous authorization that granted temporary access to existing BDCs to participate…

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CBN Extends Recapitalization Deadline for BDC Operators by Six Months

CBN Outlines Conditions for FX Sales to BDC Operators

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