External reserves loses 2% value year to date
Nigeria’s external reserves have lost over two percent of its value since the start of the year, according to a new report by FSDH Research, an arm of FSDH Holding Company Limited, a…
Browsing Tag
Bureaux De Change
Inside story of electronic bank fraud in Nigeria
More than six high-profile electronic bank fraud cases took place in Nigeria between February and July this year. Among these was the failed attempt on an account of a Federal Government…
Suspension of Dollar Sales to Bureaux de Change
The Central Bank of Nigeria, (CBN) after its last Monetary Policy Committee (MPC) meeting announced to the surprise of all and sundry that it would no longer sell foreign exchange (forex) to…
BDCs seek CBN’s approval to become payout agents for diaspora remittances
Bureaux De Change Operators in Nigeria (BDCs) have appealed to the Central Bank (CBN) to make them payout agents for diaspora remittances.
Aminu Gwadabe, President, Association of Bureau De…
Financial Action Task Force set to visit Nigeria in September
The Financial Action Task Force (FATF) would be visiting Nigeria in September. The global body that sets standard for Anti-money Laundering and Counter Financing of Terrorism (AML/CFT)…