Forex Crisis: CBN Gives BDCs 6-month Deadline To Get New Licences
A new minimum capital for BDCs had been announced in the revised Regulatory and Supervisory Guidelines for BDC Operations in Nigeria, in February this year. A
Stay updated with breaking news from Supervisory Guidelines. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A new minimum capital for BDCs had been announced in the revised Regulatory and Supervisory Guidelines for BDC Operations in Nigeria, in February this year. A
On May 22, the Central Bank of Nigeria (CBN) announced approved guidelines for bureau de change (BDCs) operations.
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
(AFRICAN EXAMINER) - The Central Bank of Nigeria (CBN) has issued its approved guidelines to regulate the activities of Bureau de Change (BDC) operators in the country. In its new circular released on Wednesday, the minimum capital base for Tier-1 BDCs is N2bn while that of Tier-1 is set at N500m. Also, the mandatory caution
The Central Bank of Nigeria (CBN) has directed all Bureau de Change operators (BDCs) in the country to reapply for new operational licences by June 3, 2024 in