Here’s the full list of the 82 Bureaux De Change (BDCs) recently licensed by the Central Bank of Nigeria (CBN). These operators were granted final approval effective November 27, 2025, under the revised 2024 Regulatory and Supervisory Guidelines for BDC Operations.
Full List of Licensed BDCs
The CBN has published the complete roster of
approved operators. You can view the official list directly on the CBN’s
website. The list includes well-known firms such as:
· ABC Bureau De Change Ltd
· Alhaji Musa Bureau De Change Ltd
· Crown Bureau De Change Ltd
· First Class Bureau De Change Ltd
· Greenfield Bureau De Change Ltd
· Ideal Bureau De Change Ltd
· Mega Bureau De Change Ltd
· Royal Bureau De Change Ltd
· Zenith Bureau De Change Ltd
…and many others, totaling 82 operators.
Why
This Matters
The approval of these BDCs is part of the
CBN’s broader effort to sanitize
Nigeria’s forex market. By drastically reducing the number of
licensed operators to 82, the apex bank aims to:
· Enhance
transparency in foreign
exchange transactions.
· Curb illegal practices by warning the public against unlicensed dealers.
· Strengthen
oversight through stricter
capital and governance requirements.
· Stabilize the
naira by ensuring forex supply is
managed within a regulated framework.
This move reflects the CBN’s determination to
professionalize the sector and align Nigeria’s forex operations with
international best practices.
In
summary: The CBN has officially licensed
82 BDCs, published on its website and confirmed by multiple news outlets. These
firms now represent the only authorized operators in Nigeria’s forex market,
and the public is strongly advised to avoid dealing with unlicensed dealers.
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