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CBN extends $25,000 weekly forex sales to BDCs

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CBN extends $25,000 weekly forex sales to BDCs

04 Feb, 2025

The Central Bank of Nigeria has extended the temporary access granted to Bureau de Change operators for purchasing foreign exchange from the Nigerian Foreign Exchange Market till May 30, 2025.This extens ion was disclosed in a circular issued on Monday by the Trade and Exchange Department of the apex bank, allowing BDCs to continue purchasing forex from authorised dealers under existing conditions....….......READ MORE