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CBN Allows BDCs to Purchase $25,000 Weekly to Address Yuletide Forex Demand

The Central Bank of Nigeria (CBN) has temporarily authorized Bureau de Change (BDC) operators to purchase up to $25,000 weekly from the Nigerian Foreign...

IMF Calls on CBN to Implement Effective FX Intervention Framework

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to adopt a carefully crafted foreign exchange intervention framework aimed at...

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