2018-05-28 | TED/FEM/FPC/GEN/01/002

Temporary Engagement of Pre-Shipment Inspection Agents (PIAs) for Non-Oil Exports

The Central Bank of Nigeria announces an increase in the frequency of foreign exchange sales to licensed Bureau De Change (BDC) operators to three times weekly (Mondays, Wednesdays, and Fridays). This measure aims to improve BDCs' access to foreign currency and ensure that their accounts are adequately funded with Naira proceeds on the following days. The bank reminds authorized dealers and BDC operators to comply with regulations regarding foreign exchange disbursements to travelers, with penalties for any infractions.

Nigeria

Central Bank of Nigeria

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