CAC Directs Revoked BDCs To Change Names Within 3 Months

The 4,173 Bureau De Change companies whose licenses were recently revoked by the Central Bank of Nigeria (CBN) have been asked by the Corporate Affairs Commission (CAC) to change their names within three months. LEADERSHIP recalls the CBN revoked the operational licenses of the 4,173 BDC operators in March due to noncompliance with certain regulatory [...]

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