Following the release of the 2024 Guidelines for Bureau De Change (BDC) Operations, the Central Bank of Nigeria has introduced higher capital thresholds, revised licensing tiers, and a compliance deadline of June 3, 2025.
In this article, Simisola Eyisanmi and Bankole Oke explore the recapitalisation strategies available to BDCs, from equity and debt financing to mergers and retained earnings, within the context of Nigeria’s evolving capital market.
