NEWS: BDCs Finally React as CBN Allows Members to Buy $25,000 Weekly from NAFEM

BDCs Finally React as CBN Allows Members to Buy $25,000 Weekly from NAFEM

The CBN has received praise from ABCON for authorising the sale of interbank FX to its membersThis follows the temporary granting of access to the Nigerian Autonomous Foreign Exchange Market to the BDC operatorsThe development is anticipated to enable them to buy $25,000 every week from NAFEM between December 19 and January 30

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market

The Association of Bureaux De Change Operators of…

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