CBN Approves 82 Fully Licensed BDC Operators Across Nigeria

The Central Bank of Nigeria (CBN) has announced that 82 Bureau De Change (BDC) operators presently hold valid licenses to operate in the country, according to a statement released on Monday by the Bank’s spokesperson, Hakama Sidi Ali.

The apex bank noted that the approvals were issued under its authority provided by the Bank and Other Financial Institutions Act (BOFIA) 2020, as well as the 2024 Regulatory and Supervisory Guidelines for Bureaux De Change Operations.

The CBN noted that the final licences took effect on November 27, 2025, cautioning that anyone operating a BDC without proper authorization is contravening Section 57 of BOFIA 2020. It added that, from the effective date, only the Bureaux De Change listed on its official website are duly permitted to operate.

While noting that the list of licensed operators will be updated regularly on its website, the CBN urged the public to avoid dealing with unlicensed foreign exchange dealers.

The Bank further stressed that operating a Bureau De Change without a valid licence constitutes an offence under Section 57(1) of BOFIA 2020, urging the public to take note of the directive and comply accordingly.

Comprehensive List of Approved Bureaux De Change:

TIER 1

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

TIER 2
1 . ABBUFX BDC LTD
2 . ACHA GLOBAL BDC LTD
3 . ARCTANGENT SWIFT BDC LTD
4.  ASCENDANT BDC LTD
5 . BARACAI BDC LTD
6 . BERGPOINT BDC LTD
7 . BRAVO MODEL BDC LTD
8 . BRIMESTONE BDC LTD
9 . BROWNSTON BDC LTD
10.  BUZZWALLET BDC LTD
11 .  CASHCODE BDC LTD
12 . CHATTERED BDC LTD
13 . CHRONICLES BDC LTD
14 . COOL FOREX BDC LTD
15 . CORPORATE EXCHANGE BDC LTD
16. COURTESY CURRENCY BDC LTD
17 . DANYARO BDC LTD
18. DASHAD BDC LTD
19 . DEVAL BDC LTD
20. DFS BDC LTD
21. EASY CASH BDC LTD
22. ELELEM BDC LTD
23 . E-LIOYDS BDC LTD
24 . ELOGOZ BDC LTD
25. ENOUF BDC LTD
26 . EVER JOJ GOLD BDC LTD
27 . EXCEL RIJIYA FOREX BDC LTD
28 . FABFOREX BDC LTD
29 FELLOM BDC LTD
30. FINE BDC LTD
31 . FOMAT BDC LTD
32 . GENELO BDC LTD
33. GENTLE BREEZE BDC LTD
34 . GRACEFUL GLORY AND HUMILITY BDC LTD
35 . GREENGATE BDC LTD
36 GREENVAULT BDC LTD
37 . HAZON CAPITAL BDC LTD
38. HIGH-POINT BDC LTD
39 . I & I EXCHANGE BDC LTD
40. IBN MARYAM BDC LTD
41 . JOURNEY WELL BDC LTD
42. KEEPERS BDC LTD
43 . KHADHOUSE SOLUTIONS BDC LTD
44. KIMMELFX BDC LTD
45. KINGSOFT ATLANTIC BDC LTD
46 . M.S. ALHERI BDC LTD
47. MASTERS BDC LTD
48. MCMENA BDC LTD
49. MKOO BDC LTD
50 .MKS BDC LTD
51 .MR J GOLF BDC LTD
52 . MUSDIQ BDC LTD
53 . MZ FOREX BDC LTD
54 . NEJJ BDC LTD LTD

55 . NETVALUE BDC LTD
56 . NEW WAVE BDC LTD
57 . NOTABLE AND KINGSTON BDC LTD
58 . PILCROW BDC LTD
59 . RAPID BDC LTD
60  RIGHTWAY BDC LTD
61 . RWANDA BDC LTD
62 . SABLES BDC LTD
63. SAFETRANZ BDC LTD
64 SAMFIK BDC LTD
65 . SEVENLOCKS BDC LTD
66 . SHAPEARL BDC LTD
67 . SIMTEX BDC LTD
68 . SOLID WHITE BDC LTD
69 . ST NICHOLAS GLOBAL BDC LTD
70 . TOPFIRST UNIQUE MULTICHOICE BDC LTD
71 . TOPGATE BDC LTD
72 . TRAVELLER’S CHOICE BDC LTD
73 . TUCA GLOBAL BDC LTD
74 . TURBOVA BDC LTD
75 . TURN-UP BDC LTD
76 . UNIGO BDC LTD
77 . VICTORY AHEAD BDC LTD
78 . WHITEWAY WWW BDC LTD
79 . YUND GLOBAL LINK BDC LTD
80 . ZAMAD FOREX BDC LTD