CBN calls for improved corporate governance in BDCs


The Central Bank of Nigeria, CBN, has called on bureaux de change (BDCs)directors to improve on their corporate governance responsibilities and ensure compliance with regulatory requirements.

Dalahatu Abubakar, Director, Other Financial Institutions Department, CBN, made this call while addressing a virtualgeneral meeting of BDC directors organised by the Association of Bureaux De Change Operator of Nigeria (ABCON).

Speaking on ‘Corporate Governance of Directors’ in BDC Daily Operations, Abubakar charged the directors tobe up and doing and also be above board in their oversight functions.