Tag: BDCs

Azeez April 20, 2017

CBN pumps $100m into forex market

The Central Bank of Nigeria (CBN) has pumped an additional $100 million into the foreign exchange market, after releasing $280 million on Tuesday. The bank has offered additional $100 million…

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Azeez April 19, 2017

CBN disburses $280m to SMEs, BDCs, others

The Central Bank of Nigeria on Tuesday injected fresh $280m into various sectors of the economy. The CBN said in this a statement by its Acting Director, Corporate Communications Department,…

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Oludolapo Adelana April 2, 2017

I have nothing to do with stolen N310m – Saraki

by Dolapo Adelana Senate President Bukola Saraki has dismissed media reports that N310m was not stolen from him. Saraki described the reports as April Fool and a plot by some media…

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Azeez March 31, 2017

CBN to begin sale of forex to BDCs twice weekly

The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators twice weekly. Acting Director, Corporate Communications…

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Oludolapo Adelana November 18, 2016

DSS arrests 40 in raid on Kano BDCs

Over 40 people have been arrested by operatives of the Department of State Security (DSS) in Kano. The arrest occurred at the famous Wapa Bureau De Change (BDC) in Fagge…

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