CBN restricts BDCs to $25,000 fx weekly, one dealer bank

Dailytrust | 06-02-2025 06:15pm |

The Central Bank of Nigeria (CBN) yesterday released new guidelines which permits Bureau de Change (BDC) operators to purchase up to $25,000 weekly from Authorised Dealer Banks (ADBs) to meet retail market demand. In a circular signed by Dr. W. J. Kanya, the Acting Director of the Trade & Exchange Department at the CBN, the [...]

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