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The Naira Problem Is Not Distribution-Related But Structural, Making Banning Binance, Restricting BDCs, etc...
Nigeria remembers Bureau De Change (BDC) operators again: '“BDCs may sell foreign currency up to the equivalent of USD10,000 to a customer for school...
Central Bank of Nigeria’s proposed guidelines limit BDCs dollar outflow for Education and Medical...
In a bid to address the challenges in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has unveiled stringent measures targeting transactions...
Nigerian Government’s Crackdown on BDC Operators ill-advised and Wrongly Directed – Peter Obi
Peter Obi, the presidential candidate of the Labour Party in the 2023 elections, has condemned the reported clampdown on Bureau de Change (BDC) operators...
Central Bank of Nigeria Implements Stricter Capital Requirements for Bureau de Change Operators
In a bid to strengthen regulatory oversight and fortify the integrity of Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has announced...
Understanding The “Asset Balance” As Nigeria Watches Bank Balances of Below N500k for 95%...
“In the past eight years, only about 5% of the population have bank accounts with more than half a million in them…The majority was...