The licences, effective from November 27, were granted across Tier 1 and Tier 2 categories, with the CBN stating that only BDCs listed on its website are authorised to operate going forward.The licences, effective from November 27, were granted across Tier 1 and Tier 2 categories, with the CBN stating that only BDCs listed on its website are authorised to operate going forward.

Here are the 82 CBN-licenced Bureaux De Change operators in Nigeria

2025/12/09 04:24
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

On Monday, the Central Bank of Nigeria (CBN) issued licences to 82 new Bureaux De Change (BDC) operators, allowing them to operate under the revised Regulatory and Supervisory Guidelines for BDC Operations (2024). 

The licences, effective from November 27, were granted across Tier 1 and Tier 2 categories, with the CBN stating that only BDCs listed on its website are authorised to operate going forward. The CBN advises the public to only initiate transactions with authorised BCDs, as more licenced operators are updated on its website. Here is a list of the newly approved BDCs: 

Tier 1 BCD operators

Operators in this category can operate and set up branches in any state within the country, including the Federal Capital Territory (FCT). Of the 82 newly licenced operators, only two have a Tier 1 licence, and they are:

  1. DULA GLOBAL BDC LTD
  2. TRURATE GLOBAL BDC LTD

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Tier 2 BCD operators

Operators in this category are permitted to operate only in one state within the country, but can establish up to five branches, subject to approval of the CBN. The newly approved Tier 2 BCD operators include:

  1. ABBUFX BDC LTD
  2. ACHA GLOBAL BDC LTD
  3. ARCTANGENT SWIFT BDC LTD
  4. ASCENDANT BDC LTD
  5. BARACAI BDC LTD
  6. BERGPOINT BDC LTD
  7. BRAVO MODEL BDC LTD
  8. BRIMESTONE BDC LTD
  9. BROWNSTON BDC LTD
  10. BUZZWALLET BDC LTD
  11. CASHCODE BDC LTD
  12. CHATTERED BDC LTD
  13. CHRONICLES BDC LTD
  14. COOL FOREX BDC LTD
  15. CORPORATE EXCHANGE BDC LTD
  16. COURTESY CURRENCY BDC LTD
  17. DANYARO BDC LTD
  18. DASHAD BDC LTD
  19. DEVAL BDC LTD
  20. DFS BDC LTD
  21. EASY CASH BDC LTD
  22. ELELEM BDC LTD
  23. E-LIOYDS BDC LTD
  24. ELOGOZ BDC LTD
  25. ENOUF BDC LTD
  26. EVER JOJ GOLD BDC LTD
  27. EXCEL RIJIYA FOREX BDC LTD
  28. FABFOREX BDC LTD
  29. FELLOM BDC LTD
  30. FINE BDC LTD
  31. FOMAT BDC LTD
  32. GENELO BDC LTD
  33. GENTLE BREEZE BDC LTD
  34. GRACEFUL GLORY AND HUMILITY BDC LTD
  35. GREENGATE BDC LTD
  36. GREENVAULT BDC LTD
  37. HAZON CAPITAL BDC LTD
  38. HIGH-POINT BDC LTD
  39. I & I EXCHANGE BDC LTD
  40. IBN MARYAM BDC LTD
  41. JOURNEY WELL BDC LTD
  42. KEEPERS BDC LTD
  43. KHADHOUSE SOLUTIONS BDC LTD
  44. KIMMELFX BDC LTD
  45. KINGSOFT ATLANTIC BDC LTD
  46. M.S. ALHERI BDC LTD
  47. MASTERS BDC LTD
  48. MCMENA BDC LTD
  49. MKOO BDC LTD
  50. MKS BDC LTD
  51. MR J GOLF BDC LTD
  52. MUSDIQ BDC LTD
  53. MZ FOREX BDC LTD
  54. NEJJ BDC LTD LTD
  55. NETVALUE BDC LTD
  56. NEW WAVE BDC LTD
  57. NOTABLE AND KINGSTON BDC LTD
  58. PILCROW BDC LTD
  59. RAPID BDC LTD
  60. RIGHTWAY BDC LTD
  61. RWANDA BDC LTD
  62. SABLES BDC LTD
  63. SAFETRANZ BDC LTD
  64. SAMFIK BDC LTD
  65. SEVENLOCKS BDC LTD
  66. SHAPEARL BDC LTD
  67. SIMTEX BDC LTD
  68. SOLID WHITE BDC LTD
  69. ST. NICHOLAS GLOBAL BDC LTD
  70. TOPFIRST UNIQUE MULTICHOICE BDC LTD
  71. TOPGATE BDC LTD
  72. TRAVELLER’S CHOICE BDC LTD
  73. TUCA GLOBAL BDC LTD
  74. TURBOVA BDC LTD
  75. TURN-UP BDC LTD
  76. UNIGO BDC LTD
  77. VICTORY AHEAD BDC LTD
  78. WHITEWAY WWW BDC LTD
  79. YUND GLOBAL LINK BDC LTD
  80. ZAMAD FOREX BDC LTD
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