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JUST IN: CBN Okays $150,000 Weekly Forex Sale To Each BDC

JUST IN: CBN Okays $150,000 Weekly Forex Sale To Each BDC

The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of efforts to improve foreign exchange liquidity in the retail segment of the market and meet the legitimate needs of end users. The CBN also approved that weekly FX [...]

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