GOVERNOR, Central Bank of Nigeria, Mr. Lamido Sanusi, said in Tokyo on Sunday that the bank would soon stop selling cash to bureaux de change. He said, “Seventy per cent of the dollars that people buy from bureaux de change are not for transactions outside Nigeria. They move dollars from […]
Tag: Bureaux de change
Forex: CBN lists documentation requirements for BDCs
The Central Bank of Nigeria has listed the various documentation requirements expected from bureaux de change in the country. The CBN said that BDCs were expected to keep documentation and render returns on statement of assets and liabilities, statement of profit and loss account and foreign exchange purchases and utilisation. […]
