The Central Bank of Nigeria (CBN) granted final operating licences to 82 Bureaux de Change (BDCs) with effect from 27 November, as the regulator continued its overhaul of the retail foreign-exchange market.
In a public notice issued on Monday and signed by its spokesperson Hakama Ali, the bank said only the BDCs listed on its website were authorised to buy and sell foreign currency.
The CBN said the licences were issued under BOFIA and the Regulatory and Supervisory…
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