CBN Releases Revised Guidelines for Bureaux De Change in Nigeria

Friday, December 11, 2015 02:03PM / CBN              

To enhance the operational efficiency of Bureaux De Change and strengthen their regulation in Nigeria, the Central Bank of Nigeria, in line with the powers vested on it by the Central Bank of Nigeria Act of 2007, Foreign Exchange (Monitoring and Miscellaneous Provisions) Act of 1995 and the Banks and Other Financial Institutions Act 1991(as amended), hereby issues the attached Revised Operational Guidelines for Bureaux De Change in Nigeria.

The Guidelines, which supersedes the one issued in May 2002, shall take effect from January 1, 2016.

Click Here to Download Revised Guidelines