In a bid to stabilize the faltering naira, the Economic and Financial Crimes Commission (EFCC) conducted a major operation against illegal Bureau de Change (BDC) operators in the bustling Wuse ...

Nigerian Bureau De Change operators have mulled the idea of merging their operations to meet up with fresh guidelines issued by the Central Bank of Nigeria on their activities. Bureau de Change ...

By Akin KuponiyiA motorcycle dealership, Evame Multi-National Company, has filed a winding-up petition before a Federal High Court in Lagos against a bureau de change firm, Gravity Bureau De ...

The CBN invoked its powers under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised Operational Guidelines for Bureaux De Change 2015 (the Guidelines).

Local reports state that Bureau De Change operators announced the shutdown of operations in Abuja due to the unavailability of U.S. dollars. The Nigerian cryptocurrency peer-to-peer (P2P) market ...