CBN Releases List of 82 Licensed BDC Operators in Nigeria

The Central Bank of Nigeria (CBN) has unveiled a list of 82 fully licensed and approved Bureau de Change (BDC) operators in the country following a major recapitalization and relicensing exercise in the foreign exchange market. The CBN cautioned the public against engaging with unapproved operators.

The list includes BDCs categorized into Tier 1 and Tier 2, such as Dula Global BDC Ltd, Trurat Global BDC Ltd, Abbufx BDC Ltd, and many others. The move aims to ensure transparency and compliance within the forex sector.