BUREAU DE CHANGE OPERATORS Archives - Global Upfront Newspapers

Naira Plunges To N1,629/$1 At Official Market As Demand For Dollar Intensifies

Global UpfrontApr 8, 2025April 8, 20250

Nigeria’s foreign exchange market came under pressure on Monday, with the Naira depreciating to N1,629 per dollar at the official market. This marks a significant

How $300,000 From Kogi State Government Was Brought To Me In Cash For Ex-Governor Yahaya Bello’s Children’s School Fees – BDC Operator

Global UpfrontSep 26, 2024September 26, 20240

Jamilu Abdullahi, an Abuja-based Bureau de Change operator and third prosecution witness in the trial of Ali Bello, on Thursday, September 26, 2024, gave a narrative of the financial transactions between him

Naira Regresses To 1,510/$ Despite CBN’s Interventions

Global UpfrontMay 12, 2024May 12, 20240

The depreciation of the naira continued over the weekend as the currency traded at N1,510 to a dollar at the parallel market and 1,466.31 at

Nigeria: FG Names 15 Entities, BDCs, Individuals As Terrorism Financiers, Plans Sanctions Against Them

Global UpfrontMar 20, 2024March 20, 20240

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

Stop Raid On Bureau De Change Operators, “They’re Not Cause Of Dollar Rise,’ Says Peter Obi

Global UpfrontFeb 25, 2024February 25, 20240

The main opposition voice and Labour Party (LP) Presidential candidate in last year’s general election, Peter Obi, on Sunday advised security agencies arresting Bureau de

Naira Defies FG’s Clampdown, Hits N1,900/$; Pound – N2,250

Global UpfrontFeb 21, 2024February 21, 20240

The naira Tuesday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De

EFCC Says Arrest Of Bureau De Change Operators To Sanitise Forex Market As Millions Of Dollars Cash Impounded At Airports

Global UpfrontNov 15, 2022November 15, 20220

The recent arrest of some Bureau De Change operators across the country especially in Lagos and Abuja by the Economic and Financial Crimes Commission, EFCC,

EFCC Begins Massive Raid On Bureau De Change Operators As Naira Slump To N857/$1

Global UpfrontNov 2, 2022November 2, 20220

The Economic and Financial Crimes Commission on Tuesday carried out simultaneous operations against Bureau de Change operators in Abuja and Kano, as the Naira slumped

Naira In A Free Fall, Sells At N818/$ As Dollar Scarcity Hits BDCs

Global UpfrontNov 1, 2022November 1, 20220

Nigeria’s national currency, naira has begun a free fall against the U.S. Dollar as it fell to N818/$1 at the parallel market on Monday in

EFCC Begins Nationwide Clampdown On Bureau de Change Operators, Forex Hoarders

Global UpfrontAug 5, 2022August 5, 20220

As part of its ongoing efforts to check the rising incidence of foreign exchange speculation which has brought pressure on the value of the Naira,