CBN to refund capital deposits & licensing fees of Bureau De Change operators

The Central Bank of Nigeria has instructed all Bureau De Change applicants with pending licenses to request for a refund of the 35 million naira capital deposit and the one million naira license fee payment immediately. This follows the decision of the apex bank to suspend processing license for BDC operators. Sam Chidoka, the CEO at Kairos Capital joins CNBC Africa for more.

Thu, 29 Jul 2021 15:42:47 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.