CBN Revokes Operational Licenses Of 4,173 BDCs

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions.

JUST-IN: CBN Begins Sales Of Forex To BDCs

The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange to eligible Bureau De Change operators (BDCs) to meet the demand for invisible transactions.