FX market tense as BDCs race to beat CBN recapitalisation deadline

...Dollar scarcity looms, experts warn By Chinwendu Obienyi As the Central Bank of Nigeria’s (CBN) June 3, 2025 recapitalisation deadline for Bureau De Change (BDC) operators draws near, tension is mounting in the foreign currency market. Findings by Daily Sun indicate that many BDCs are racing against time to comply with the stringent new capital [...]The post FX market tense as BDCs race to beat CBN recapitalisation deadline appeared first on The Sun Nigeria.

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