If you’re planning to exchange foreign currencies like the US Dollar, Euro, Pound Sterling, or others, a Bureau De Change (BDC) is your go-to option in Lagos. These centres provide quick, licensed, and reliable currency exchange services across the city.
In this 2025 guide, we highlight top Bureau De Change locations in Lagos, safety tips, and how to avoid scams when exchanging your forex.
What is a Bureau De Change?
A Bureau De Change is a licensed financial service provider that buys and sells foreign currencies. They are regulated by the Central Bank of Nigeria (CBN) and are ideal for small to medium foreign exchange transactions.
Top Bureau De Change Locations in Lagos
Here are some of the busiest and most trusted BDC locations in Lagos:
1. Allen Avenue – Ikeja
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Home to several licensed BDC operators.
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Ideal for exchanging USD, GBP, EUR.
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Easy access via Ikeja Underbridge or Computer Village.
2. Broad Street – Lagos Island
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A financial hub with top BDCs and banks nearby.
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Proximity to CMS, Marina, and major commercial offices.
3. Oshodi & Lagos Airport Road
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Convenient for travelers.
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Many registered forex dealers near the Murtala Muhammed International Airport.
4. Apapa Wharf Area
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Popular for commercial currency exchange (especially import/export related).
5. Lekki Phase 1
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High demand forex location for private and business clients.
Registered Associations
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Association of Bureau De Change Operators of Nigeria (ABCON)
🌐 https://abconng.com
They ensure compliance, ethics, and regular monitoring of BDC members.
Tips for Safe Currency Exchange
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✅ Verify license: Use only CBN-licensed operators.
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💵 Ask for the current rate before you exchange.
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🧾 Always collect a receipt after the transaction.
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🕵️♂️ Avoid roadside exchangers; they’re riskier and often unregulated.
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📱 Compare rates with online platforms or multiple BDCs nearby.
Commonly Exchanged Currencies in Lagos
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United States Dollar (USD)
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Euro (EUR)
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British Pound Sterling (GBP)
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Canadian Dollar (CAD)
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UAE Dirham (AED)
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Chinese Yuan (CNY)
Want to Stay Updated?
Exchange rates change daily. You can monitor live rates through platforms like:
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https://abokifx.com (for unofficial street rates)
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https://cbn.gov.ng/rates/ExchRateByCurrency.asp (for official CBN rates)
Conclusion
Whether you’re a traveler, a business owner, or a forex enthusiast, finding the right Bureau De Change in Lagos ensures you get the best value and safe transactions. Always use registered operators and confirm current rates before exchanging.