Lusaka - Zambia: Vice President Mutale Nalumango has called on the Private Sector especially the mines to play an important role in the creation of decent
Appearing unruffled, Mr Museveni carried on with his address, which comes at a time when several opposition supporters are on trial in the military court
Clampdown on BDC operators: X-raying effects on northern economy
On
By Kennedy John
The importance of Bureau De Change, BDC, operators in Nigeria’s Foreign Exchange, FX, market can’t be overemphasised.
In a dollar-dependent economy such as ours, their existence and operations have become part of the main arteries that keep the economy running.
Ever since the entry of BDC operators in the financial space, the FX system has been broadened, leading to improved access to foreign currencies.
It is important to note that the origin of BDC could be traced to the period Alhaji Abdulkarim Ahmed was the governor of the Central Bank of Nigeria. Hence the legal backing they enjoy from the CBN..
Effect of clampdown on BDC operators on economy - By: dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.