February 24, 2024

[GIST] CBN to raise BDC minimum share capital to N2bn for Tier 1 license

[GIST] CBN to raise BDC minimum share capital to N2bn for Tier 1 license

The Guardian Nigeria News – Nigeria and World News https://ift.tt/T2lGeMP

The Central Bank of Nigeria (CBN) on Friday said it is considering raising the minimum capital requirements for Bureau De Change (BDC) operators to N2 billion for Tier 1 licenses while it would be N500 million for Tier 2 licenses.

The post CBN to raise BDC minimum share capital to N2bn for Tier 1 license appeared first on The Guardian Nigeria News - Nigeria and World News.

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