2008-09-02 | TED-FEM-FPC-GEN-01-093-08

Increase in the Amount of United States Dollars sold to Bureax De Change Operators.

The Central Bank of Nigeria has increased the maximum amount sold to each Bureau de Change operator from $200,000 to $300,000 per market session, effective September 4th, 2008. This increase is for Authorised Dealers and Licensed Bureaux de Change Operators, who are also reminded to strictly follow the extant guidelines and Money Laundering Act provisions.

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