The Central Bank of Nigeria (CBN) has extended the recapitalisation deadline of the Bureau De Change (BDC) operators to December 31, 2025.
This was discovered in a group chart of the BDCs, following the expiration of the second deadline for the recapitalisation exercise given by the CBN on June 3, 2025.
The CBN had initially set the deadline for December 3, 2024, but later extended it by six months to June 3, 2025, to give operators more time to meet the new requirements.