* 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 […]
Tag: Bureaux de change
CBN reviews Bureaux de Change licence revocation
The Central Bank of Nigeria is reviewing some of the revoked licences of 236 Bureaux de Change operators with a view to ensuring that all complaints by affected companies are properly addressed. The CBN had in January this year revoked licences of 236 BDCs. But the Director, Other Financial Institutions […]
Nigeria’s Central Bank Revokes Licences of 236 Bureaux De Change
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Wednesday announced it has revoked the operating licences of 236 Bureaux De Change. This is contained in a Circular with reference number TED/FEM/FPC/GEN/01/041 posted on the official website of the CBN. The Circular signed by Batari Musa, Director, Trade and Exchange […]
