The Punch Newspapers17d
Concerns as forex reserves drop $2.3bn amid naira gains
In its Stears Africa Capital in 2025 report, it stated, “In the parallel market, the CBN’s weekly $25,000 forex sales to Bureau De Change operators will likely sustain relative stability and ...
Sahara Reporters1mon
Nigeria’s Central Bank Sets $25,000 Weekly Forex Cap For Bureaux De Change, Mandates Recordkeeping For End-Users
each week for their forex procurement. The Central Bank of Nigeria (CBN) has unveiled new regulations restricting Bureau de Change (BDC) operators to sourcing a maximum of $25,000 in foreign ...