Nigeria: CBN Goes Tough, Cancels Dollar Sale to BDCS

28 July 2021

The Central Bank of Nigeria (CBN) yesterday cancelled the weekly dollar sale to Bureaux De Change (BDCs), accusing operators of multiple BDC ownership and facilitating graft and corruption in the country.

CBN Governor, Mr. Godwin Emefiele disclosed this in Abuja while addressing the press on the outcome of the Monetary Policy Committee (MPC) meeting in Abuja.

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