5 Nigerians rob Bureau de Change in UAE (Video)
Five Nigerians, have been arrested for allegedly robbing a bureau de change in Sharjah of Dh2.3 million, the police said on Sunday.
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Tag: Bureau de Change
Gunmen, reportedly kill Bureau De Change operator
The incident occurred at Bonny Camp, Victoria Island at about 11am. The deceased who was later identified as Victor, was among many passengers of a commercial bus with number plate KJA 489 KV, journeying inward Costain from Eko Hotel area.
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Expert predicts naira appreciation as BDCs receive more Diaspora remittances
Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) has said that the naira will soon bounce to glory as BDCs are set to receive more Diaspora remittances.
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$2.1bn arms scandal: EFCC to arrest, prosecute Bureau De Change operators
“Some of your operators are fond of carrying huge amounts of money out of the country, since they can no longer withdraw more than 300 dollars using the ATM.
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Guess who is dollarising the economy
Any patron of Bureau de Change may find that a difference of about N10 per dollar now exists between the official rates of N155 per dollar ex-Central Bank, and about N165/dollar in the open market. This is in place of the permitted 1 per cent markup officially allowed to commercial banks on dollar purchases ex-CBN.
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