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USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900
USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

Court sentences BDC operators to 5 years for operating without CBN licence

The Federal High Court in Abuja on Monday sentenced two Bureau De Change (BDC) operators to five years’ imprisonment each, with an option of a N2 million fine, for conducting BDC business without a valid licence from…

Aggregated · originally by Nairametrics
7 Sept 2026, 17:01 WAT · 3 min read
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Court sentences BDC operators to 5 years for operating without CBN licence

The Federal High Court in Abuja on Monday sentenced two Bureau De Change (BDC) operators to five years’ imprisonment each, with an option of a N2 million fine, for conducting BDC business without a valid licence from…