The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country.
The bank disclosed this Friday through a statement signed by the acting Director, Corporate Communication, Sidi Hakama.
The bank said the affected institutions failed to pay for licence renewal, submit returns or comply with CBN directives on anti-money laundering, countering financing of terrorism, and counter proliferation financing regulations.
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