Market expects improved FX liquidity as 82 recapitalised BDCs get $150,000 weekly

Expectations of improved foreign exchange liquidity have strengthened across Nigeria’s financial markets following the decision of the Central Bank of Nigeria (CBN) to grant 82 recapitalised Bureau De Change (BDC) operators access to up to $150,000 weekly from the Nigerian Foreign Exchange Market (NFEM). The move, which industry stakeholders describe as both strategic and timely,

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