The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators under its revised regulatory regime, while cautioning Nigerians to steer clear of unlicensed foreign exchange dealers.
The approval, contained in a statement signed by the Acting Director of Corporate Communications, Hakama Sidi-Ali, became effective on November 27, 2025, and aligns with the 2024 Regulatory and Supervisory Guidelines for BDC Operations in Nigeria.
Reiterating its commitment to sanitising the forex market, the apex bank stressed that only BDCs listed on its official website are authorised to operate.
It advised members of the public to always verify the licence status of any operator before carrying out currency exchange transactions.
The CBN published the names of the newly approved BDCs under two operational tiers as follows:
TIER 1
- DULA GLOBAL BDC LTD
- TRURATE GLOBAL BDC LTD
TIER 2
- 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
- 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
