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Today: July 7, 2025
February 24, 2024
1 min read

BDC: CBN mandates sellers above $10,000 to declare sources

The Central Bank of Nigeria, CBN, has mandated foreign exchange sellers to Bureau De Change, BDC, of the equivalent of 10,000 dollars and above to declare their forex sources. Haruna Mustapha, Director, Financial Policy and Regulation Department of the CBN, said this in a revised regulatory framework to curtail excesses of BDCs and check uncertainty […]

The post BDC: CBN mandates sellers above $10,000 to declare sources appeared first on Daily Nigerian.

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