Central Bank of Nigeria Allows Weekly $25,000 Purchases for Bureau de Change Operators

Dec 21, 2024 - 18:10
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Central Bank of Nigeria Allows Weekly $25,000 Purchases for Bureau de Change Operators




The Central Bank of Nigeria has approved Bureau de Change operators to purchase up to $25,000 each week to meet the heightened demand during the holiday season. 

This arrangement, effective from December 19, 2024, will remain in place until January 30, 2025. 

This initiative aims to ensure liquidity in the foreign exchange market and facilitate smoother transactions for individuals and businesses during the festive period

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