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$10k for school fees, $5k for medical bills – CBN limits dollar purchase from BDCs | Nigerian News, Latest Nigeria In News Nigeria News Your online Nigerian Newspaper

$10k for school fees, $5k for medical bills – CBN limits dollar purchase from BDCs | Nigerian News, Latest Nigeria In News Nigeria News Your online Nigerian Newspaper
nigerianeye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nigerianeye.com Daily Mail and Mail on Sunday newspapers.

Supervisory guidelines for bureau de change operationsCentral bankBureau de changeRevised regulatorySupervisory guidelinesBureau de change operations

CBN Limits Dollar Purchase From BDCs: $10000 For School Fees, $5000 For Medicals

The Central Bank of Nigeria (CBN) has placed limits on the foreign exchange (FX) sales by Bureau De Change (BDC) operators. The apex disclosed the directive on February 23, 2024, in a document titl

Nigeria generalCentral bankSupervisory guidelines for bureau de change operationsBureau de changeRevised regulatorySupervisory guidelinesBureau de change operations

CBN limits dollar purchase from BDCs

CBN limits dollar purchase from BDCs
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Abubakar yunusCentral bankBureau de changeSupervisory guidelines for bureau de change operationsRevised regulatorySupervisory guidelinesBureau de change operations

CBN eyes new crypto rules to shield Nigeria s finances

CBN eyes new crypto rules to shield Nigeria s finances
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Abuja federal capital territoryBola tinubuBayo onanugaAminu gwadabeExchange commissionSupervisory guidelines for bureau de change operationsNigerian autonomous foreign exchange marketCentral bankBureaux de change operatorsRevised regulatorySupervisory guidelinesBureau de change operations

CBN raises capital requirement for BDCs, sets other guidelines

According to the central bank, Tier 1 BDCs authorized nationally can open branches and appoint franchisees with CBN approval.

Haruna mustaphaPaul alajeRegulation departmentRevenue serviceCentral bankSupervisory guidelines for bureau de changeSupervisory guidelinesBureau de changeFinancial policyChief economistExecutive directorNigerian sustainable bankingTax identification numberFederal inland revenue serviceBorder control areas