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Cbn’s New Forex Policy May Shut Down Bdcs - Business - Nairaland

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Cbn’s New Forex Policy May Shut Down Bdcs by nationalbusines: 1:51pm On Feb 19, 2018
Indications have emerged that the Central Bank of Nigeria’s recent introduction of uniform foreign exchange (forex) rate on the invisible market by the Central Bank of Nigeria (CBN) may spell doom for bureau de exchange (BDC) operators in the country. Commercial banks, have, in response to the apex bank’s directive to this effect commenced cheap forex sale to snatch customers from BDC operators in order to increase their market shares.Readmore http://nationalbusextra.com/2018/02/19/cbns-new-forex-policy-may-shut-bdcs/

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