Wednesday, June 24, 2026

Bureau De Change

October 28, 2025

Naira value appreciates against dollar at official market

The naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar.

Naira and Dollar
January 29, 2025

BDC operators laud CBN on waiver of 2025 licence fees

Mr Gwadabe thanked the management of the apex bank for the waiver of the annual licence renewal which he described as an amnesty extended to his members.

Naira and Dollars
August 19, 2024
Photo from scene of Police raid at Abuja BDC market, Wuse Zone four
May 8, 2024

17 suspected forex hawkers nabbed in Kano

The suspects confessed to the offence and will be charged to court.

Foreign currencies
April 8, 2024

CBN sells $10,000 to BDCs at N1,101 per dollar

The Central Bank of Nigeria has once again declared that dollars will be sold to bureaux de change at N1,101 per dollar. 

Dollars
March 1, 2024

Nigerian govt lied, no discussion about $10 billion fines; we won’t pay ransom or damages if asked: Binance

The cryptocurrency giant said it was not in the mood to discuss paying the Nigerian government either to restore its services that were cut off recently or free its executives.

Binance and Tinubu composite
February 28, 2024

If we didn’t go after Binance, Nigeria’s economy would be destroyed: Presidency

“We were told that if we don’t clampdown on Binance, Binance will destroy the economy of this country.”

Bayo Onanuga and Binance logo
February 24, 2024

CBN orders BDC operators selling above $10,000 to declare funding sources

The CBN also sets out new record-keeping and reporting requirements among others.

Central Bank of Nigeria Logo
February 20, 2024

Naira hits N1,825 to dollar despite EFCC gun rescue attempt

The naira dipped further, trading at N1,825 to a dollar, despite efforts by the EFCC to disrupt the activities of perceived manipulators and speculators. 

STASH OF DOLLARS
December 6, 2023
Gavel