Bureau de Change Archives - Vanguard News Nigeria

Gunmen, reportedly kill Bureau De Change operator

On July 28, 20181:13 pmIn News by adekunleComments

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.

Expert predicts naira appreciation as BDCs receive more Diaspora remittances

On April 4, 20173:49 pmIn News by Emmanuel OkogbaComments

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.

$2.1bn arms scandal: EFCC to arrest, prosecute Bureau De Change operators

On January 7, 201612:52 pmIn News by akintayo eribakeComments

“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.

Guess who is dollarising the economy

On October 7, 201312:10 amIn Rational Perspectives by alexsamadeComments

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.