CBN Approves 82 New BDC Licences As FX Market Tightening Continues
The Central Bank of Nigeria (CBN) has issued final licences to 82 Bureau De Change (BDC) operators, formalising their approval to commence operations from 27 November. The development forms part of the regulator’s continued reforms aimed at tightening oversight of the foreign exchange sector. Announcing the decision on Monday, Mrs Hakama Sidi-Ali, Acting Director of…
