17 BDC operators in Kano bag 6 months imprisonment

Dailytrust | 14-05-2024 06:34pm |

Justice Muhammad Nasir Yunusa of the Federal High Court Monday convicted and sentenced 17 Bureau de Change operators in Kano State for conducting business without the necessary license, thereby, contravening Section 57(5)(b) of the Banks and Financial Institutions Act of 2020. Each offender was sentenced to either six months’ imprisonment or a fine of N50,000. [...]

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