Regulatory Alerts2025-01-24 | FPR/DIR/PUB/CIR/001/001Waiver of Non-Refundable Annual Licence Renewal Fee for Existing Bureaux De Change
The Central Bank of Nigeria has waived the 2025 license renewal fee for existing bureaux de change operators, advising those who have already paid to apply for a refund. This decision aims to foster stability, transparency, and efficiency in the foreign exchange market while ensuring operators adhere to the new regulatory framework. The bank remains committed to guiding operators through the transition to the new BDC regulatory structure.