Friday, June 26, 2026

Bureaux de Change

June 24, 2026

FG hails U.S. designation of Nigeria-based Mukhtar Muhammad, bureaux de change ISIS facilitators

Mr Adamu, born on August 2, 1990, and residing in the Agege area of Lagos, was designated on Monday.

U.S. flag
September 7, 2024

CBN approves $20,000 for eligible BDCs at N1,580 exchange rate

Mr Kanaya said, “All BDCs are allowed to sell to eligible end-users at a margin not more than one per cent above the purchase rate from CBN.’’

Central Bank of Nigeria Logo
December 22, 2023

Naira Scarcity: CBN threatens banks, PoS operators hoarding cash

The Central Bank of Nigeria has warned banks and point of sale (PoS) operators to refrain from disrupting the distribution of naira notes.

CBN GOVERNOR; NAIRA NOTES
December 8, 2023

CBN raises alarm over circulation of fake naira notes

The CBN spokesperson urged all deposit money banks, financial houses, Bureaux de Change and the general public to be more vigilant.

Naira notes
July 29, 2021

Forex: CBN orders banks to set up teller points

The Central Bank of Nigeria (CBN) has directed banks to set up teller points in designated branches to sell the dollar and other foreign currencies to Nigerians.

CBN Godwin Emefiele (credit: Bloomberg)