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Forex: CBN Okays wider margin for BDCs

By Mariam Sanni , Abuja The Central Bank of Nigeria (CBN) has approved an upward review of  trading margin available to operators of Bureau De Change (BDC) in the country. Consequently, BDC operators are now to buy the United States dollar

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BDCs: Banks shun CBN’s $50,000 sale directive

Deposit Money Banks have yet to comply with the Central Bank of Nigeria’s directive asking them to sell $50,000 from Diaspora remittances to Bureau De Change operators on weekly basis, the President, Association of Bureau De Change Operators of Nigeria,

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