Tag Archives: BDC

Bureau De Change (BDC) operators that violated Central Bank of Nigeria (CBN’s) guidelines on foreign exchange (forex) sales will be identified for sanctions, the Association of Bureaux De Change Operators of Nigeria (ABCON) said yesterday. In its maiden statement after the CBN stopped $10,000 weekly allocation per BDC and licensing of new operators, ABCON said despite the current challenges, BDCs ...

The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC operators, licensed by the Central Bank of Nigeria, has called on the regulator to extend the January 31 deadline set for the renewal of operating licence of its members to March 31, 2018. This was part of the resolution made at the end of ...