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CBN issues operational guidelines for BDCs’ forex purchases from banks, introduces tracking portal

CBN issues operational guidelines for BDCs’ forex purchases from banks, introduces tracking portal

TheCentral Bank of Nigeria(CBN) has issued detailed operational guidelines for Bureau De Change (BDC) operators to purchase foreign exchange from authorised dealer banks through the Nigerian Foreign Exchange Market (NFEM). The framework introduces an electronic tracking portal and compliance require...

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Verified on Jul 16, 2026

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