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Home»Business/Economy/Banking & Finance»CBN releases names of 82 new approved, fully licensed BDCs [FULL LIST]
Business/Economy/Banking & Finance

CBN releases names of 82 new approved, fully licensed BDCs [FULL LIST]

Abdoulaye KayBy Abdoulaye KayDecember 9, 2025Updated:December 9, 2025No Comments3 Mins Read
Naira strengthens against dollar by 0.32%
Naira strengthens against dollar by 0.32%
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The Central Bank of Nigeria (CBN) has issued final operating licences to 82 Bureau De Change (BDCs) operators under its revised regulatory framework, while warning the public against patronising unlicensed forex dealers.

According to a statement signed by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the licences took effect on November 27, 2025.

The apex bank said the approvals were issued in line with the 2024 Regulatory and Supervisory Guidelines for BDC Operations in Nigeria. It also stressed that only operators published on its official website are recognised as licensed BDCs, urging Nigerians to verify the status of any BDC before conducting foreign exchange transactions.

Below is the full list of the 82 newly approved and fully licensed BDC operators:

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. HILL 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
  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
BDCs CBN
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