Fintech platforms, point of sale (POS) operators and non-governmental organisations (NGOs) are being used by terrorists to move funds, findings by the federal government have shown. The findings were revealed
Tag "BDC"
Officers of the Economic and Financial Crimes Commission (EFCC) raided the offices of bureau de change operators in Abuja. The EFCC officials operated at the Sheraton Hotel area of Abuja
The naira has continued its downward trend, falling to N702 per dollar at the parallel market on Monday. The figure represents N10 or 1.4 percent depreciation compared to the N692
The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after security operatives raided Bureaux De Change (BDC) hub in Abuja. The development
The decision of the Central Bank of Nigeria (CBN) to stop forex sales to bureau de change (BDC) operators in
Muhammad Sanusi, former emir of Kano, has asked the Central Bank of Nigeria (CBN) to provide funding for bureaux de
The Association of Bureau De Change Operators of Nigeria (ABCON) says reopening the bureau de change window for foreign exchange
The Central Bank of Nigeria (CBN) on Tuesday injected $210million into various segments of the foreign exchange market. This is
The Central Bank of Nigeria (CBN) has suspended 195 bureau de change (BDC) operators from the Nigerian foreign exchange (forex)
The naira crossed the 400-per-dollar mark on Wednesday to trade at 402 to the foreign currency at the parallel market.
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