The Central Bank of Nigeria (CBN) has formally cleared licensed Bureau De Change (BDC) operators to participate directly in the Nigerian Foreign Exchange Market (NFEM), introducing a weekly foreign exchange access limit of $150,000 per operator. The decision forms part of the apex bank’s broader intervention strategy designed to enhance liquidity within the retail segment … Continue reading CBN Authorises $150,000 Weekly FX Sales To Licensed BDCs To Strengthen Retail Forex Market