CBN set to streamline BDC operations in Nigeria, see details

  • The governor of the Central Bank of Nigeria has disclosed plans to modify BDC operations in the country
  • It said the action would help to improve their management and oversight and increase efficiency
  • He also said it is creating a legal framework that will encourage people holding dollars to deposit in the bank

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said the apex bank is formulating plans to restructure the Bureau de Change (BDC) division to increase efficiency.