CBN Revokes Licences Of Legacy BDCs Failing To Meet New Regulatory Standards

The Central Bank of Nigeria has officially removed all legacy Bureau De Change (BDC) operators who did not comply with its revised licensing requirements by the November 30, 2025 deadline, effectively stripping them of their operating licences. The policy update was detailed in a Frequently Asked Questions publication released on Tuesday via the apex bank’s … Continue reading CBN Revokes Licences Of Legacy BDCs Failing To Meet New Regulatory Standards