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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..

Taraba stateKano stateKingsley moghaluKennedy johnAlhaji abdulkarim ahmedBureau deNigeria foreign exchangeCentral bankBureau de change operatorsKindly share this storyBureau de changeForeign exchangeSouthern nigeriaDeputy governorProf kingsley moghaluNorthern nigeria