CBN calls out bureaux de change directors to ensure that their organisations are not used for any illegal activity.
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.
He added that each BDC should comply with the minimum number of directors and ensure regular board meetings as stipulated by the CBN.
Noting that one of the roles of BDCs is to aid the monetary authorities in checking money laundering and other criminal activities, Abubakar averred that it is the duty of BDC directors to ensure that their organisations are not used for any illegal activity.
While speaking at the meeting, ABCON President Aminu Gwadabe reiterated the commitment of the Association to continuous training of members to ensure BDCs are not used for criminal activities.
He however appealed to the CBN to approve the proposed ABCON Training Institute to enhance capacity building efforts of the Association.
“The association has on its own, organized training for its members, and also partnered with Nigerian Financial Intelligence Unit (NFIU) and the Economic and Financial Crimes Commission (EFCC) to build capacity for operators. We have educated BDC operators on how they can help in tackling money laundering, terrorist financing and the benefits of keeping records of their transactions.”
51 thoughts on “CBN calls for improved corporate governance in BDCs”
medicine for erectile
where to buy prednisone 20mg buy prednisone online 10mg prednisone daily
cheap ed medication ed tablets best canadian pharmacy online
cialis with dapoxetine from canada cialis usa prescription cialis without a doctor prescription
cialissuperactive com cheapest cialis usa cialis generic cvs
can ed be cured medications list male ed
prednisone 2 5 mg cost of prednisone in canada buy prednisone online without a script
online order prednisone 10mg buy prednisone online iv prednisone
prednisone 20 mg tablets order prednisone generic prednisone cost
ivermectin for mini pigs stromectol buy online uk generic ivermectin
ivermectin pills for humans for sale rabbit ear mites ivermectin ivermectin buy online
propecia hair growth buy propecia online propecia cheapest no prescription
what is ivermectin for ivermectin cream before and after stromectol tablets
ivermectin kills covid rosacea ivermectin stromectol 3 mg tablet price
cheap propecia pills buy propecia finasteride 5 mg
discount prescription drugs prescription drugs without doctor approval canada ed drugs
best pill for ed best erection pills best ed medication
india pharmacy buy medication online from india india pharmacies online
over the counter erectile dysfunction pills ed pills that really work ed treatment review
buy clomid 50mg online buy clomid clomid tablets for sale
viagra where to buy sildenafil citrate tablets 100 mg sildenafil 100 mg
cialis buy tadalafil online cialis pharmacy
stromectol pills for humans stromectol for sale stromectol
clomid tablets buy clomid buy clomid 50mg online
where to buy liquid cialis cialis coupon tadalafil 20 mg buy online
stromectol for sale ivermectin scabies dosage stromectol tablets for humans
ivermectin for lyme stromectol for sale stromectol for humans for sale
stromectol for sale how much ivermectin to give a goat stromectol for humans for sale
how much is viagra viagra pills viagra cost
viagra cost per pill sildenafil 100 mg where to buy viagra
viagra discount viagra viagra amazon
cialis canada paypal cialis blak cialis
cialis canadian pharmacy ezzz tadalafil generic cialis best price
20mg cialis online price of cialis 20 mg can i take cialis with daxpoteine
buy cialis online in austalia buy cialis online next day shipping curved penis and cialis
order cialis brand best price for daily cialis cialis overnight shipping
generic cialisis cialis cialis 20mg uk
Llort G, Peris M, Blanco I lasix water pill This is reminiscent of human breast cancer, in which oophorectomy decreases recurrence and the incidence of contralateral invasive breast cancer 22, 23
I am glad to be one of many visitants on this outstanding internet site (:, regards for putting up.
I really enjoy studying on this web site, it has wonderful blog posts. “One should die proudly when it is no longer possible to live proudly.” by Friedrich Wilhelm Nietzsche.
Awesome blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog stand out. Please let me know where you got your theme. Bless you
Good – I should certainly pronounce, impressed with your web site. I had no trouble navigating through all the tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your client to communicate. Excellent task..
Just wish to say your article is as amazing. The clarity for your submit is just excellent and that i can think you’re a professional on this subject. Fine along with your permission let me to snatch your RSS feed to stay updated with coming near near post. Thanks one million and please continue the enjoyable work.
It’s actually a great and helpful piece of information. I am glad that you shared this helpful information with us. Please stay us informed like this. Thanks for sharing.
You have brought up a very wonderful details, regards for the post.
I was looking through some of your content on this website and I believe this web site is rattling instructive! Continue putting up.
I have recently started a web site, the information you offer on this site has helped me tremendously. Thanks for all of your time & work.
www canadian pharmacies Bupron SR canadian meds
lasix benazepril dci furosemide furosemide nice
write my persuasive paper research paper writing style paper writer service
pay someone to do my paper apa format for writing a paper writing paper with drawing box