CBN permits BDCs to buy $25,000 weekly from banks to meet festive season demand

The Central Bank of Nigeria (CBN) has granted eligible bureau de change (BDC) operators temporary access to the Nigerian Autonomous Foreign Exchange Market (NAFEM) to purchase $25,000 weekly from December 19 to January 30. T.G. Allu, CBN acting director of trade and exchange department of the apex bank said in a statement that BDCs will […]

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