2017-03-05 | FMD/DIR/CIR/GEN/08/006

Circular to all Authorized Dealers on improved Foreign Exchange Liquidity

The Central Bank of Nigeria has issued a directive to all authorized dealers, emphasizing its commitment to meeting foreign exchange demand. Banks are instructed to open retail FX teller points, display live currency rates, and promptly process customer requests for travel allowances, school fees, and medical bills. Non-compliance will result in sanctions.

Nigeria

Central Bank of Nigeria

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