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:

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

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:

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