CBN to increase BDC minimum share capital to N2bn

CBN to increase BDC minimum share capital to N2bn The Central Bank of Nigeria (CBN) has directed for an increase in the share capital of Bureau De Change (BDC) operators from N35 million for a general license to N2 billion and N500 million for Tier 1 and Tier 2 licenses. The CBN has also ordered Bureau De Changes (BDCs) to pay 25 per cent […] CBN to increase BDC minimum share capital to