BDCs

3 Minutes

National

How ex-power minister Saleh Mamman transferred N33bn Mambilla project fund to BDCs – EFCC witness

VAM News September 30, 2024 0 Comment

THE Economic and Financial Crimes Commission (EFCC) has presented its first witness in the ongoing trial of Saleh Mamman, former minister of power, for alleged N33.8 billion fraud. In July, the EFCC arraigned Mamman...

1 Minute

Business

CBN sells dollars to BDCs— Report

Akanji Philip April 24, 2024 0 Comment

The Central Bank of Nigeria on Tuesday disclosed that it sold $10,000 to each Bureau De Change operator at a rate of N1,021 per US dollar. This is the second time this month...

1 Minute

Business

Dollar to BDCs now N1,101/$1 – CBN

VAM News April 8, 2024 0 Comment

Voice Air Media, News Update THE Central Bank of Nigeria (CBN) has announced the sales of foreign exchange (FX) to the bureau de change (BDC) operators at the rate of N1,101/$. The CBN disclosed...

4 Minutes

National

BREAKING: FG names 15 terrorism financiers, BDCs, plans sanctions

Akanji Philip March 20, 2024 0 Comment

The Federal Government says it has uncovered the identity of 15 entities, including nine individuals and six Bureau De Change operators and firms, allegedly involved in terrorism financing. Details of the development were...

3 Minutes

National

FG drops identities of 15 terrorism financiers, BDCs

VAM News March 20, 2024 0 Comment

VOICE AIR MEDIA, VAM News Update THE Federal Government has identified 15 entities suspected to be involved in financing terrorism in Nigeria. Information released by the Nigerian Financial Intelligence Unit, NFIU, said those financing...

2 Minutes

National

Naira-Dollar rate: CBN resumes sale of FX to BDCs

VAM News February 27, 2024 0 Comment

THE Naira on Monday appreciated against the dollar at the official and unofficial foreign exchange (FX) markets as the Central Bank of Nigeria (CBN) plans to resume dollar sales to Bureau De Change (BDC)...

2 Minutes

Business

Dollar Scarcity Hits BDCs, Sells At N818/$

VAM News November 1, 2022 0 Comment

The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos state as it continued to lose its value. Investigations revealed that the naira is currently under high...