Nigeria: Clamour for improved disbursement of $21bn remittances

19 September 2016, Lagos — In an apparent bid to enhance the supply of foreign exchange to the bureau de change BDC segment of the of the foreign exchange market, the Central Bank of Nigeria (CBN) last month directed that banks should sell $50,000 from proceeds of international money transfers ( IMT) to the 3000 BDCs […] More »