06
Feb
Feb
CBN Tightens Oversight, Limits BDCs to $25,000 Weekly Forex
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admin / 2 months
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- 2 min read
The Central Bank of Nigeria (CBN) has issued new guidelines limiting Bureau de Change (BDC) operators to purchasing a maximum of $25,000 per week from a single Authorised Dealer Bank (ADB) to meet retail market demand. In a circular signed by Dr W. J. Kanya, Acting Director of the Trade & Exchange Department at the […]