CBN Revokes Licenses of over 4,000 Bureau De Change Operators

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

She listed the regulatory provisions to include payment of all necessary fees in line with guidelines, rendition of returns in line with the guidelines, and compliance with guidelines, directives and circulars of the CBN, particularly Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) and Counter-Proliferation Financing (CPF) regulations.

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