Complete list of CBN-approved ‘Bureau De Change’ operators accross states
The Central Bank of Nigeria (CBN) has released a list of eligible Bureau De Change (BDCs) operators. The CBN said all eligible BDCs must adhere …
Bureau de Change (BDC)
Abuja BDC operators shut down operations
Bureau De Change (BDC) operators in Abuja have shut down operations amidst concerns over significant depreciation in the value of the naira against the United …
CBN Revokes Licenses Of Bureau De Change Operators
The Central Bank of Nigeria (CBN) has announced the withdrawal of operating licenses from 2,698 Bureau de Change (BDC) operators. The apex bank simultaneously released …
How Customers scam banks with fake visas, tickets for forex
The Central Bank of Nigeria has vowed to engage financial crime fighting agencies to pursue fraudsters who have been deceiving the banks with fake documents …
Man hacks into Nigerian bank, Moves N1.87Billion from three customers
Detectives from the Special Fraud Unit (SFU) of the Nigeria Police Force (NPF) have arrested a 35-year-old fraudster, who hacked into the server of a …
Naira weakens at N500/$1 after new rates by CBN
The naira, on Monday, weakened further at N500 to the dollar after the Central Bank of Nigeria (CBN) adjusted the exchange rate across foreign exchange …