BREAKING: CBN revokes licenses of over 4,000 Bureau De Change operators

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators in the country.

The CBN’s Acting Director of Corporate Communications, Sidi Ali, Hakama, disclosed this in a statement on Friday in Abuja.

She said the affected institutions failed to observe regulatory provisions.