Lagos - The Central Bank of Nigeria (CBN) will this week review the guidelines for the licensing of Bureau De Change (BDC) operators in the country.
The move by the apex bank is to stem the perennial depletion of Nigeria’s foreign exchange reserves, reports ThisDay.
Under the new licensing regime, the bank is expected to introduce tough measures that would tighten the rules governing the activities of Forex dealers in the foreign exchange market.
President Goodluck Jonathan has already approved the review being proposed by the apex bank.
Read more at ThisDay.
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