CBN suspends FX sales to BDCs till further notice

The Central Bank of Nigeria (CBN) has suspended foreign exchange sales to the Bureau De Change (BDC) operators until further notice.

This was made known by the apex bank in a letter dated March 25, 2020, to the president of Association of Bureau De Change Operators of Nigeria (ABCON).

This follows government’s directive to restrict gatherings to not more than 20 persons aimed at reducing persons-to-person contact and curb the transmission of coronavirus in Nigeria.

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