CBN Mandates All BDCs to Reapply for Licences and Meet New Requirements by June 3
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CBN has issued new regulatory guidelines for Bureau De Change (BDC) operators and promoters. Effective June 3, 2024. Existing BDCs must reapply for new licenses within six months. Applications
The CBN has updated its regulatory guidelines for Bureau De Change operator in Nigeria. After consulting with stakeholders, the following changes were made:
The CBN disclosed that the sum of $20,000 would be sold to each BDC at the rate of N1,301/S which represents the lower band rate of executed spot transactions at the NAFEM for the previous trading day, as of February 27, 2024.
To strengthen active school participation and planning for various service delivery conditions, the Department of Education (DepEd) expressed support for the reintroduction of physical work immersion in the ongoing progressive expansion of face-to-face classes. (Photo from DepEd) “We are stron