Friday, June 19, 2026

BDC operators

May 7, 2024

EFCC resumes raid on BDC operators after war against crypto fails to save naira fall

A BDC operator at Wuse Zone 4, Abuja’s currency exchange hub, confirmed EFCC’s raid to Peoples Gazette. 

EFCC Officials used to illustrate the story
March 4, 2024

CBN commended for revoking 4,173 BDC licences

On Friday, CBN revoked the operational licences of 4,173 BDC operators.

STASH OF DOLLARS
February 21, 2024

EFCC conducts nationwide raid of BDC as operation to rescue naira continues

The Economic and Financial Crimes Commission (EFCC) has launched a nationwide manhunt against persons involved in currency racketeering.

EFCC operatives used to illustrate the story
November 8, 2022

Naira gains at parallel market, exchanges 800 per dollar

The local currency had last weekend plunged to a historic low of N890 per dollar.

Dollar and Naira
October 29, 2022

Naira crashes to 800 per dollar 

The governor of the central bank, Godwin Emefiele, announced on Wednesday that new naira notes would be issued by December 15

Dollar and Naira
October 20, 2022

Naira falls to N750 against dollar 

The current parallel market exchange rate was monitored by Peoples Gazette Thursday night.

September 23, 2022

Naira falls to N719 to dollar; pound sterling now N880

The Gazette had reported in July that the dollar hit a record high, trading at N710 against the dollar.

Godwin Emefiele, Naira and Dollar