“BDCs To Source Forex From Oil Companies, Exporters, Others” – CBN

The Central Bank of Nigeria, CBN, has said Bureau de Change operators can source foreign exchange from oil companies, exporters, or other agencies as well as individuals.

The apex bank stated this days after it announced that it will no longer sell foreign currency to money changers.

This was also confirmed by the umbrella body of BDCs in the country Association of Bureau de Change Operators of Nigeria (ABCON).

Acting president of the association Aminu Gwadabe stated that the modalities for accessing the foreign exchange will be issued to BDCs this week.



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