Nigeria: Mahmud - Nowhere in the World Are BDCs Spoon-Fed

2 August 2021
interview

The Director, Monetary Policy Department, Central Bank of Nigeria, Dr. Hassan Mahmud, in this interview on Arise News Channel, spoke extensively on issues surrounding the decision of the banking sector regulator to discontinue the sale of foreign exchange to Bureau De Change operators. Excerpts:

What is the new horizon for foreign exchange foreign exchange management by the CBN based on last Tuesday's announcement?

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