Bureau de Change

A Professor of Finance and Capital market, Prof. Uche Uwaleke says proper supervision of Commercial Banks and Bureau De Change, BDCs in Nigeria will support the Central Bank of Nigeria’s effort to stabilize the foreign Exchange Market and…

The Central Bank of Nigeria (CBN) says it will no longer provide foreign exchange (FX) for Bureau de Change (BDCs) operators in the country. Mr Godwin Emefiele, governor of the apex bank, announced this on Tuesday at the end of…