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Which Country Has More Bureau Du Change Than Banks - Politics - Nairaland

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Which Country Has More Bureau Du Change Than Banks by googi: 2:42pm On Mar 05
Dollars will continue to fall when every big man at the Central Bank has his own Bureau Du Change operators for round tripping.

Every corner has Bureau Du Change operator that has direct connections to Central Bank manager or director that know how to beat the system.

Too many dollar to naira changers, many of which are subcontractors with no stable address, business or known regulated hands operate Dollars like a business.

Regulate and allow banks to employ more workers for this major part of the economy so that dollar allocation can be as transparent as possible.
Re: Which Country Has More Bureau Du Change Than Banks by googi: 10:56pm On Mar 05
A loophole created by each Administration to recruit for its own new appointed managers.
Re: Which Country Has More Bureau Du Change Than Banks by Burob: 1:41am On Mar 06
How many western union, or monegram exchanges dey The UK?

Don’t know why you things just like wailing over much ado about nothing, always complaining as if you are not Nigerian, & part of the system?

Go Accra, if you done tire for Nigeria, na free entry.
Re: Which Country Has More Bureau Du Change Than Banks by DeLaRue: 2:04am On Mar 06
Op has a point.

Most states dont need more than 3 or 4. A State like Ekiti doesn't need more than 2.

Lagos can have up to 60. Anambra, Kano, Abuja, Rivers etc between 20 - 40 each.

About 320 licensed bureau de change can serve the whole country.

Yet, the Cbn is still retaining over 1000.

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Re: Which Country Has More Bureau Du Change Than Banks by googi: 2:23am On Mar 06
So you can only come up with Western Union and Moneygram. I could have helped you with more.

Not only are these companies well regulated and controlled inside and outside their countries, they are subjected to heavy fines. Indeed, they supply or report your information to Government. It is why people like you avoid them.

Can you compare them to mushrooms one man businesses used for roundtripping in Nigeria? You must be one of the people that must be investigated before Naira can appreciate.

Burob:
How many western union, or monegram exchanges dey The UK?

Don’t know why you things just like wailing over much ado about nothing, always complaining as if you are not Nigerian, & part of the system?

Go Accra, if you done tire for Nigeria, na free entry.

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