2024-09-25 | TED/FEM/PUB/FPC/001/028
The Central Bank of Nigeria (CBN) is providing additional liquidity to the foreign exchange market by offering US$20,000 to eligible Bureau De Change (BDC) Operators at a set rate. BDCs can then sell to end-users at a rate not exceeding one percent above the purchase rate from CBN. Interested BDCs must make payments to the CBN and submit documentation at designated branches for the disbursement of funds.