Bureau de change Archives - The Pacesetter Frontier Magazine

CBN: $110m weekly Forex sales to Bureau De Change Operators stops on grounds of corruption, illicit profit and Money Laundering

July 28, 2021 by Editor Leave a Comment

The Central Bank of Nigeria CBN Governor, Mr Godwin Emefiele, Tuesday disclosed that the $110million weekly allocation and sale of foreign exchange to Bureau De Change (BDC) operators in the country has stopped. The Governor, who made the disclosure at a media briefing shortly after the July Monetary Policy Committee (MPC) meeting of the … [Read more…]

EFCC arrests Man for defrauding Burea De Change operator of $10,000

April 28, 2021 by Editor Leave a Comment

One Lukman Adeshina has been arrested by the Economic and Financial Crimes Commission for allegedly defrauding a Bureau De Change operator of $10,000. It was gathered that Adeshina was arrested on April 14, 2021, in the Ipaja-Ayobo area of Lagos State after one Isa Mohammed approached the anti-graft agency to make a complaint against … [Read more…]