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Wednesday, 10 August 2016

CBN sets new limit for sale of foreign exchange cash to BDC

CBN sets new limit for sale of foreign exchange cash to BDC
10 August 2016, Lagos — The Central Bank of Nigeria, CBN, yesterday, set a new limit of $30, 000.00 per week for the sale of foreign exchange cash from the Authorised Dealers, ADs to Bureaux de Change, BDCs, just as the Naira depreciated to N350 per dollar. The apex bank also warned Authorised Dealers to […] More »

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