Tag: CBN releases list of those banned from owning BDCs

  • CBN releases list of those banned from owning BDCs

    CBN releases list of those banned from owning BDCs

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    by

    Yetunde Ogunmola
    in

      The Central Bank of Nigeria has banned commercial banks, all financial institutions, public officers, non-governmental organizations, non-Nigerian natural persons, non-resident, non-regulated companies, telecommunication services providers, and others from owning Bureau De Change firms in Nigeria amid efforts to defend the naira against the dollar at foreign exchange market. On Wednesday, the apex bank disclosed…