Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Nigeria's Central Bank lets BDCs buy up to $25,000 weekly in foreign exchange until Jan 30.

flag The Central Bank of Nigeria has granted Bureau de Change (BDC) operators temporary access to buy up to $25,000 weekly in foreign exchange from December 19 to January 30. flag This move aims to meet seasonal demand during the holiday period. flag BDCs can purchase from a single authorized dealer, provided they fully fund their accounts. flag Transactions must be reported to the CBN’s Trade and Exchange Department, and a maximum 1% spread is allowed on pricing to retail users. flag Personal and business travel allowances remain available through banks.

18 Articles