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CBN tightens noose on FX dealers, caps weekly purchases at $150,000

CBN tightens noose on FX dealers, caps weekly purchases at $150,000

• Unveils digital tracker for monitoring, purchase requests The Central Bank of Nigeria (CBN) has unveiled a new suite of regulations, guiding the operations of bureaus de change (BDCs), including foreign exchange purchase requests, eligibility, grounds for rejection, disbursement, reporting, as we...

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Verified on Jul 17, 2026

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