BDCs

Inclusion of the Bureaux De Change operators in the diaspora remittance collection will liberalise the sector and break the existing monopoly. Foreign exchange earnings from Diaspora Remittances have for years, supported Nigeria's…

The Central Bank of Nigeria has reviewed upwardly the trading margin giving Bureau De Change operators N3.00 on a dollar. With the review, the Acting Director, Corporate Communications Department, CBN, Mr Isaac Okorafor, BDCs operators are…

As demand soars for forex for summer travels and Hajj Pilgrimage, the Central Bank of Nigeria (CBN) has ordered banks to sell forex to customers whether they operate accounts or not. Similarly, the apex bank has compelled Bureau de…