The Central Bank of Nigeria, CBN, has temporarily permitted Bureau de Change, BDC, operators to purchase up to $25,000 weekly in foreign exchange, FX, from the Nigerian Foreign Exchange Market, NFEM. The apex bank disclosed this in a circular signed by T.G. Aliu on behalf of the acting director of Trade and Exchange Department. The […]

CBN gives fresh directive to BDCs, allows $25,000 weekly FX purchase