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CBN issues new BDC operation guidelines effetive June 3

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

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Nigeria: CBN Directs All BDCS to Reapply for Licenses

Nigeria: CBN Directs All BDCS to Reapply for Licenses
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CBN orders BDCs to reapply for licence, get new minimum capital base

CBN orders BDCs to reapply for licence, get new minimum capital base
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CBN Issues Approved Guidelines For BDCs, Operators Get December Deadline To Reapply

(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

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JUST-IN: CBN Directs All BDCs To Reapply For New Licences

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

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