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
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:
DULA GLOBAL BDC LTD
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:
ABBUFX BDC LTD
ACHA GLOBAL BDC LTD
ARCTANGENT SWIFT BDC LTD
ASCENDANT BDC LTD
BARACAI BDC LTD
BERGPOINT BDC LTD
BRAVO MODEL BDC LTD
BRIMESTONE BDC LTD
BROWNSTON BDC LTD
BUZZWALLET BDC LTD
CASHCODE BDC LTD
CHATTERED BDC LTD
CHRONICLES BDC LTD
COOL FOREX BDC LTD
CORPORATE EXCHANGE BDC LTD
COURTESY CURRENCY BDC LTD
DANYARO BDC LTD
DASHAD BDC LTD
DEVAL BDC LTD
DFS BDC LTD
EASY CASH BDC LTD
ELELEM BDC LTD
E-LIOYDS BDC LTD
ELOGOZ BDC LTD
ENOUF BDC LTD
EVER JOJ GOLD BDC LTD
EXCEL RIJIYA FOREX BDC LTD
FABFOREX BDC LTD
FELLOM BDC LTD
FINE BDC LTD
FOMAT BDC LTD
GENELO BDC LTD
GENTLE BREEZE BDC LTD
GRACEFUL GLORY AND HUMILITY BDC LTD
GREENGATE BDC LTD
GREENVAULT BDC LTD
HAZON CAPITAL BDC LTD
HIGH-POINT BDC LTD
I & I EXCHANGE BDC LTD
IBN MARYAM BDC LTD
JOURNEY WELL BDC LTD
KEEPERS BDC LTD
KHADHOUSE SOLUTIONS BDC LTD
KIMMELFX BDC LTD
KINGSOFT ATLANTIC BDC LTD
M.S. ALHERI BDC LTD
MASTERS BDC LTD
MCMENA BDC LTD
MKOO BDC LTD
MKS BDC LTD
MR J GOLF BDC LTD
MUSDIQ BDC LTD
MZ FOREX BDC LTD
NEJJ BDC LTD LTD
NETVALUE BDC LTD
NEW WAVE BDC LTD
NOTABLE AND KINGSTON BDC LTD
PILCROW BDC LTD
RAPID BDC LTD
RIGHTWAY BDC LTD
RWANDA BDC LTD
SABLES BDC LTD
SAFETRANZ BDC LTD
SAMFIK BDC LTD
SEVENLOCKS BDC LTD
SHAPEARL BDC LTD
SIMTEX BDC LTD
SOLID WHITE BDC LTD
ST. NICHOLAS GLOBAL BDC LTD
TOPFIRST UNIQUE MULTICHOICE BDC LTD
TOPGATE BDC LTD
TRAVELLER’S CHOICE BDC LTD
TUCA GLOBAL BDC LTD
TURBOVA BDC LTD
TURN-UP BDC LTD
UNIGO BDC LTD
VICTORY AHEAD BDC LTD
WHITEWAY WWW BDC LTD
YUND GLOBAL LINK BDC LTD
ZAMAD FOREX BDC LTD
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