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The Central Bank of Nigeria (CBN) has stated that at least 935 eligible Bureau De Change (BDC) operators in the North West region have been receiving foreign exchange. The Branch Controller, CBN Kano branch, Umar Ibrahim Biu, made this known while delivering a keynote address during the Kano Bankers Committee Dinner and Award night held […]
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The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) Operators. The action is said to be in accordance with the exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, and the Revised Operational Guidelines for Bureaux De […]
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