N320m Fraud: Police Arraign Couple Operating Unlicensed BDC
The police in Lagos State have arraigned a couple, Chinedu Ngwaka and his wife, Janet Onyekachi, before the Federal High ...
Tag: BDC
BDC Operator Petitions Police Over Alleged $1m Scam
A Bureau De Change (BDC) operator in Abuja, Shamsudeen Usman Ahmed, has petitioned the inspector-general of police, IGP Olukayode Egbetokun, ...
BDC Operators Decry Over 1,328% Increase In New Capital Requirement
Bureau De Change (BDC) operators in the country have decried the sharp increase in their minimum capital requirement from N35 ...
Court Jails Fake BDC Operator In Borno
Justice A.K Dagat of the Federal High Court, Maiduguri, Borno State, on Thursday, May 9, 2024, convicted and sentenced one ...
Volatility: BDC Operators Plan Unified Retail Market, As Naira Falls To N1,450/$
The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it is working on establishing a unified retail ...
BDCs’ Recall To Forex Market Boosts Naira Recovery – Operators
The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the Central Bank of Nigeria ...
JUST-IN: BDCs Not Selling Dollar At N1,000/$1
Contrary to social media reports making the rounds on Facebook and X (formerly Twitter), claiming that a US Dollar was ...
BDC Operators Shut Down Business In Abuja
The Abuja chapter of Association of Bureau De Change (BDC) Operators has announced the closure of their business premises indefinitely ...
CBN Issues New Guidelines for BDCs
The Central Bank of Nigeria has released fresh operational guidelines for Bureau de Change (BDC) operators in the country, fixing ...
CBN Revokes Licence Of 2,698 BDCs
Central Bank of Nigeria (CBN) has slashed list of Bureau de Change dealers to 2,991 in effort to curb illicit ...
