Nigeria: House Calls for Suspension of CBN Policy On BDCs

27 June 2014

Unimpressed with the details of its new policy on the operations of Bureux De Change (BDCs), the House of Representatives yesterday kicked against the new requirements as stipulated by the Central Bank of Nigeria (CBN) for BDC operators in the country.

The lower chamber also set the ball rolling to enact a law that would provide for the lawful management of properties confiscated and forfeited by fraudulent Nigerians.

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