Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

The Central Financial institution of Nigeria has elevated the capital necessities for nationwide bureau de change operators from roughly $24,000 to $1.4 million. The central financial institution has given operators a six-month interval to conform and so they should apply for brand spanking new licenses. The financial institution’s director for threat administration said that road buying and selling of overseas alternate is now […]



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