2024-02-23 | FPR/DIR/PUB/CIR/002/006

Revised Regulatory and Supervisory Guidelines for Bureau De Change Operations in Nigeria

The Central Bank of Nigeria (CBN) issues revised guidelines for Bureau de Change (BDC) operations, enhancing the regulatory framework for the Nigerian foreign exchange market. The guidelines outline permissible and non-permissible activities, licensing requirements, and corporate governance provisions for BDCs. CBN invites comments from stakeholders by March 4, 2024.

Nigeria

Central Bank of Nigeria

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