CBN directs all BDCs to reapply for licenses
It also directed that BDCs meet the minimum capital requirements for the license category applied for within six months from the effective date of the guidelines.
Source: premiumtimesng.com
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It also directed that BDCs meet the minimum capital requirements for the license category applied for within six months from the effective date of the guidelines.
On May 22, the Central Bank of Nigeria (CBN) announced approved guidelines for bureau de change (BDCs) operations.
CBN has issued regulatory guidelines for bureau de change operations in Nigeria after consultation with stakeholders.