CBN revokes licences of 4,173 bureau de change operators
The Central Bank of Nigeria (CBN) has revoked the licences of 4,173 Bureaux de Change Operators over their failure to meet regulatory guidelines. In a statement on Friday, the acting Director, Corporate Communications, Sidi Hakama said the licence withdrawal is in exercise of the powers conferred on the apex bank under the Bank and Other Financial Institutions Act 2020, Act …