The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange malpractice. The Central Bank Governor, Lamido Sanusi, disclosed this at Ikoyi Club 75th Anniversary Lecture held in Lagos on Thursday. Mr. Sanusi, who declined to mention the names of the […]
Author: InvestAdvocate
Nigeria central bank cracks down on money laundering
* Forex dealers to be monitored more closely * Money laundering putting pressure on naira currency * Political corruption partly responsible – central bank Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks pushing up inflation, and […]
SEC Nigeria Wins 2013 ” Most Innovative Capital Market Regulator” Award
The Securities and Exchange Commission (SEC) Nigeria has won the 2013 edition of the prestigious Africa Index Series Award for the category of the continent’s “Most innovative Capital Markets Regulatorâ€ÂÂ. The SEC Nigeria also won the award last year, 2012. Winning the award back – to – back for the […]
