Archives Tag: Bureau De Change Operators of Nigeria
CBN Orders BDCs to Demand for BVN For Forex Transactions
April 19, 2022
The Central Bank of Nigeria (CBN) has directed all bureaux de change operators (BDCs) in the country to demand for customers’ bank verification number (BVN) for all forex transactions from November 1, 2015. The central bank gave this directive in a circular posted on its website on Wednesday. It stated that “All banks and licenced … Continue reading CBN Orders BDCs to Demand for BVN For Forex Transactions
By ejura
CBN Release 2,442 Bureau de Change Operators
April 19, 2022
Following the 35 million naira recapitalization directive by the Central Bank of Nigeria, CBN, to Bureau de Change operators, the apex bank has released a list of 2,442 operators that have satisfied the new guidelines on recapitalisation. In a statement released by the CBN, the Financial Policy and Regulation Department said the names of the … Continue reading CBN Release 2,442 Bureau de Change Operators
