Abuja, Nigeria – Di Central Bank of Nigeria (CBN) don shine light ontop forex market by giving final operating licences to 82 Bureau De Change (BDC) operators. Dis matter come true as dem dey follow dem new regulatory framework wey dem release. Di statement come drop on Monday, signed by di Acting Director for Corporate Communications, Hakama Sidi-Ali. E take effect from November 27, 2025, in line with di 2024 Regulatory and Supervisory Guidelines for BDC Operations for di country.
Di apex bank no wan hear say Nigerians dey patronise unlicensed forex dealers. Dem gree make we sabi say only di BDC wey dey published for dem official website na di ones wey dem recognize as licensed operators. So, make everybody shine eye well before you do any transaction o! (For naija, we sabi say dem fit sweet talk you to carry your money go).
Check dis side: di list of di 82 newly approved and fully licensed BDCs na serious gist sure! Na dem wey don show dem hand for di forex game. Di programme get different tiers, with TIER 1 and TIER 2 operators.
For TIER 1, we get: DULA GLOBAL BDC LTD, TRURATE GLOBAL BDC LTD. Dem don set di pace! For TIER 2, plenty more don waka e.g. ABBUFX BDC LTD, ACHA GLOBAL BDC LTD… over 70 others. Na so dem dey roll chop! (No be small work, e sweet to see all dis names).
Di CBN wan make sure say any BDC wey you carry your hard-earned money go make dem no turn your pocket inside out. So, as dem don drop di new list, wey sabi say dem gaffe prepare you well-well before you enter naija forex market.
Na today we dey hear say dem don start show license for BDCs, so make you verify di status of any BDC before you para. E go save your pocket from unnecessary loss! (We sabi say forex matter fit cause wahala if you no shine your eye).
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