The Central Bank of Nigeria has introduced a new policy limiting the amount of foreign exchange cash sales by bureau de change operators to $5,000 per transaction. This measure, outlined in the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024/2025, aims to regulate cash sales and ensure stability in the foreign […]

The post CBN sets $5,000 cap on Bureau de Change forex sales appeared first on ThePointNG.