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FULL LIST: 4,173 BDC Operators Barred By CBN

According to the apex bank, the move is part of efforts to restore confidence in the nation’s foreign exchange market.

By Tom Jones Usen

Updated March 1, 2024

FULL LIST: 4,173 BDC Operators Barred By CBN — A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria (Photo by PIUS UTOMI EKPEI – AFP)

The Central Bank of Nigeria (CBN) on Friday revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions.

According to the apex bank, the move is part of efforts to restore confidence in the nation’s foreign exchange market.

READ ALSO: CBN Revokes Operational Licenses Of 4,173 BDCs

Below is a full list of the affected BDCs

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