Regulatory Alerts2006-10-25 | TED-AD-148-2006Sales of Foreign Exchange (Cash) to Licensed BDCS
The Central Bank of Nigeria has announced that due to the public holiday on October 24, 2006, the sale of foreign exchange (cash) to licensed Bureau De Change Operators has been rescheduled for October 25 and 27, 2006. This temporary adjustment applies only for this week, after which the normal market days on Tuesdays and Thursdays will resume starting from October 29, 2006.
Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja Tel: 09 616 37 804 October 25, 2006 Fax: 09 616 37 802 E-mail address:ted@cenbank.org October 25, 2006 Our Ref: TED/AD/145/2006 TO: ALL BUREAU DE CHANGE (BDC) OPERATORS SALES OF FOREIGN EXCHANGE (CASH) TO LICENSED BDCS This is to inform all licensed Bureau De Change Operators that in view of the fact that the scheduled market for Tuesday October 24, 2006 did not hold as a result of the public holiday, the sale of foreign exchange (cash) to BDCs has been rescheduled to hold on Wednesday 25/10/2006 and Friday 27/10/2006, respectively. It should be noted, however, that this arrangement is only for this week. Consequently, the normal market days which hold on Tuesdays and Thursdays of every week, will resume from the week starting 29th October, 2006.
O. O. AKANJI (MRS) DIRECTOR TRADE & EXCHANGE DEPARTMENT