- The Central Bank of Nigeria has issued a directive to Bureaux de Change operators on street trading
- The bank’s director of risk management, Blaise Ijebor, said street trading of foreign currencies is not allowed
- He said the operators should be in offices where customers can go into and make transactions
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.
The Central Bank of Nigeria (CBN) has banned street trading of foreign currencies by Bureau de Change (BDC) operators, citing the need to regulate the foreign exchange market properly.