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…
Tag: BDCs
CBN sells dollars to BDCs— Report
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…
Dollar to BDCs now N1,101/$1 – CBN
Voice Air Media, News Update THE Central Bank of Nigeria (CBN) has announced the sales of foreign exchange (FX) to the bureau de change (BDC) operators at the rate of N1,101/$. The…
BREAKING: FG names 15 terrorism financiers, BDCs, plans sanctions
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…
FG drops identities of 15 terrorism financiers, BDCs
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…
Naira-Dollar rate: CBN resumes sale of FX to BDCs
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…
Dollar Scarcity Hits BDCs, Sells At N818/$
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…