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<p>The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange (FX) from the Nigerian Foreign Exchange Market (NFEM).</p><div class="VO6D4lO2" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary permission to purchase up to $25,000 weekly in foreign exchange (FX) from the Nigerian Foreign Exchange Market (NFEM).</p>
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<p>This move, detailed in a circular dated December 19, 2024, is designed to meet seasonal retail demand for FX during the holiday period.</p>
<p>The circular was signed by T.G. Allu, on behalf of the Acting Director of the Trade and Exchange Department.</p><div class="ep1j7lmS" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>The arrangement will be in effect from December 19, 2024, to January 30, 2025.</p>
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