JUST IN: CBN Extends Deadline For BDCs To Buy $25k Weekly From Banks

CBN
CBN

Central Bank of Nigeria (CBN) has extended the deadline for eligible Bureau de Change (BDC) operators to access Nigerian Autonomous Foreign Exchange Market (NAFEM) for foreign exchange (FX).

Gatekeepers News reports that CBN announced the extension in a statement on Monday, 3 January 2025.

CBN on 20 December 2024, granted BDC operators temporary access to NAFEM to purchase $25,000 weekly from December 19, 2024, to January 30, 2025.

CBN noted that the deadline has been extended to May 30.

This is a developing news…