Saturday, June 20, 2026

BDCs

February 11, 2026

FX Stability: CBN approves weekly sale of $150,000 to BDCs

The Central Bank of Nigeria says it has approved the participation of licensed bureau de change operators.

CARDOSO; STASH OF DOLLARS
February 5, 2025

CBN introduces new FX sales to BDCs

CBN has issued new guidelines restricting bureau de change operators to purchasing foreign exchange from a single authorised dealer per week.

Stash of dollars and CBN logo
April 11, 2024

ABCON backs CBN’s order on non-export domiciliary accounts

“We advise for the review of guidelines on holding currencies on non-oil export accounts to a maximum of 48 hours.’’

Aminu Gwadabe
July 27, 2021

CBN bans sale of forex to BDCs, suspends issuance of licence to money changers

The announcement comes as the bank intensifies efforts to mitigate further decline of the country’s economy and the national currency.

Central Bank of Nigeria, CBN

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