•CBN head office, Abuja All legacy Bureau De Change operators who failed to meet the Central Bank of Nigeria’s new licensing requirements have automatically lost their licenses, effectively ceasing to operate in the country. The development was revealed by the apex bank in its ‘Frequently Asked Questions’ document on the current reform of the ...
The Central Bank of Nigeria (CBN) has released a list of eligible Bureaux De Change (BDCs) operators. The CBN said all eligible BDCs must adhere to strict guidelines regarding the sale of foreign exchange to end-users, reports The Nation. Currently, the number of BDCs stands at 5,690, according to data from the CBN. It directed […]

