Restructuring: CBN Sacks 200 Members of Staff

CBN to Raise Capital Requirements for Bureau de Change Operators to N2 Billion

The Central Bank of Nigeria (CBN) is making plans to raise the minimum capital requirements for Bureau De Change (BDC) operators to N2 billion for Tier 1 licenses and N500 million for Tier 2 licenses. The Central Bank of Nigeria (CBN) on Friday, issued a draft revised regulatory and supervisory guidelines for Bureau de Change […]

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