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CBN Dismisses Reports of Extended BDC Recapitalisation Deadline

The Business NG

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The BusinessNG

The Central Bank of Nigeria (CBN) has denied extending the deadline for the recapitalisation of Bureau De Change (BDC) operators beyond the already stipulated date of June 3, 2025.

In a statement released on Wednesday, Hakama Sidi Ali, Acting Director of Corporate Communications at the CBN, described recent reports suggesting a deadline shift to December 31 as false and misleading. She urged the public and media outlets to verify information through official channels before dissemination.

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