CBN Recapitalization: 95% of BDC operators risk shutdown by June 2025
Overview of CBN Recapitalization and Its Impact on BDC Operators The Central Bank of Nigeria (CBN) introduced new regulatory guidelines in May 2024 to reform the Bureau De Change (BDC) sector, requiring operators to meet stringent capital requirements by June 3, 2025, following a six-month extension from the original December 2024 deadline. These guidelines, aimed … Read more